NSFs
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  1. #1

    NSFs

    Hi,

    I have a file where the number of NSFs are:

    Dec. 3
    Jan. 3
    Feb. 26
    March 14

    Merchants are averaging $32,000 for the past 4 months and have 2 positions with an outstanding balance of $25,000. Merchants are looking to obtain $10,000 for inventory. The existing debt can be consolidated. Merchants are averaging $5,000 per month on CC sales for the past 4 months. The business is a Kwik Stop and their credit scores are 550 and 589.

    Can this file be funded? Please let me know if you need any additional information. Thank you.

    Michael Sla*****er
    msla*****er@sla*****er.com

  2. #2
    Are those the dates of the NSFs or the NSFs for each month?
    Jacob Gabriel
    Merchant Cash Group
    Jacob@merchantcashgroup.com

  3. #3
    Senior Member Reputation points: 38639 patrickw's Avatar
    Join Date
    Mar 2017
    Posts
    590

    Quote Originally Posted by Jacob@MCG View Post
    Are those the dates of the NSFs or the NSFs for each month?
    I'm sure those are the number NSF each month.
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  4. #4
    Quote Originally Posted by Jacob@MCG View Post
    Are those the dates of the NSFs or the NSFs for each month?
    The number of NSFs.

  5. #5
    Michael, I emailed you. If the client owns real estate I would be happy to review the file. Please give me a call at 212-220-0175 to discuss. Thanks, Robert

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