Interesting deal here! The client was offered the following deal in December by a direct in house funding rep.

Contract Date: 12/19/2018
Maturity Date: 12/23/2019
Principal Amount: $50,000.00
Total Repayment Amount: $69,700.00
Daily Repayment Amount: $279.92
Income
Average Monthly Gross Sales: $41,179.00
Average Monthly Payment Card Volume: $15,000.00

There are 2 open positions that needs to be paid off. The client has had several negative days and nsfs.

If there is a direct lender( no brokers) that offer a weekly payment and can offer the same dollar amount, please contact me. The term is not as important to the client as the weekly payment option.