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07-04-2019, 02:14 PM #1Member
Reputation points: 30
- Join Date
- Nov 2014
- Location
- Fort Lauderdale, FL
- Posts
- 66
Good deal, but no Visa. Excellent cash flow and credit
I have a merchant with no Visa whatsoever. But he owns two businesses. One makes about 65k per month and average daily balance is 3k. His other business does about 200k per month and the average daily balance is 10k.
He has had 3 MCAs in the past with no issue, but the current lender got bought out and the new management does not want to fund the deal even though he has had an excellent repayment history. Personal and business tax returns also can be provided.
His past MCAs have been 80k at 1.37 for 9 months.
Is there any lender able to help?Last edited by Wmateo; 07-04-2019 at 02:21 PM.
William R. Mateo
Mateo Capital Group
Tel: (954)802-2833|Fax: (888)860-1508
http://www.mateocapitalgroup.com
Supporting Common Sense Financing!
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