Juicebar/Coffee shop with low bank deposits but verifiable sales through square
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  1. #1

    Juicebar/Coffee shop with low bank deposits but verifiable sales through square

    Helping my cousin who owns a small juicebar/coffee shop in NY ( i use to work in cash advance but no longer in industry ).

    Banks only show 5k deposit/ month since its mainly cash based but square statements will show he does 15-16k ( older statements show 10-12k deposits before he started paying vendors and landlord mainly in cash )
    Credit about 590
    30 + deposits / month, no positions, very few negatives ( less than 1 per month avg)

    Hes looking to buy equipment so anything 5K + is ok. Has to be a decent term/payback.
    if someone can make this work, you can keep most of the commission as long as deal is reasonable. just helping out thanks
    Last edited by Shorty94; 09-12-2017 at 09:37 PM.

  2. #2
    Senior Member Reputation points: 503040
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    Mantis?

  3. #3
    Senior Member Reputation points: 3229
    Join Date
    Jul 2017
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    I'll take a look. I can fund right away for him.
    Direct Funder | MCA | Public Companies | Convertible Notes | Hard Money
    D. 516-667-6817
    paul@coolidgecapital.com

  4. #4
    Member Reputation points: 60
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    Sep 2017
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    New Jersey
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    You can try us, we can see what we are able to offer you cousin.

    Wefund Capital
    973-705-2896
    Anthony@wefundllc.com

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