[Chargers]

I have a good file that I need a lender to get creative on:

File details:

Restaurant
Merchant Fico is high 600’s
Deposits are 200k a month
CC sales are 60k a month
1st position with loandbuilder, balance is 90k
2nd position balance is with a well known high risk lender at 30k
3rd position balance is with a well known high risk lender at 20k
4-5 negatives a month

I am looking for a lender that will do a cc deal (lockbox) or split if you can apply a split to worldpay, that will lend 90-100k to pay off 2nd and 3rd position balances and leave loanbuilder.

Please don’t waste my time and read thoroughly to the above deal stats. Thanks all.

Dude, you wanna stack this guy even more than where he is already at? This guy is already over-leveraged as is with 3 positions which is evident by the 4-5 neg days per month. This is the kind of ish that puts people out of business.