[k lion]

licensed contractor doing 120,000 per month needs $20,000, weekly payback
of around $650, so it would be a 10 month deal. Merchant has 6-8 large deposits per
month, and wants early payback discount. Does anyone know who can do this?
Thanks

[brokerCompany]

Yes but what is his average bank balances,credit and TIB.
Any other financing outstanding?

[k lion]

average daily balance 10,000, no negative days, 600 credit. No other outstanding. business start date is 2005.
The only real issues are the length, approximately 42 weeks and the early payback benefit. He has six to eight
large deposits per month and wants to pay down an larger percentage on those days in order to pay down early. Also, average monthly balance is 28000

[k lion]

I got offers up to 80k, but he only wants 20k. And, the offers were 8 mos. He needs 10 months to be at 650 weekly.

[VitalCapJeff]

licensed contractor doing 120,000 per month needs $20,000, weekly payback
of around $650, so it would be a 10 month deal. Merchant has 6-8 large deposits per
month, and wants early payback discount. Does anyone know who can do this?
Thanks

That fits our box. We like Construction deals. Our early payoff is 1-30 15%,31-60 10%,61-90 5%. We offer weekly paybacks often. The other details you've given below fit our guidelines for construction deals. Reach out if you would like us to take a look at the deal for you.


Jeff Pecori
ISO Relations manager
VitalCap Fund
48 Wall St. New York, NY 10005
P. 850.630.7509
F. 646.219.7949
jeff@vitalcapfund.com