[SCCNY]

Hi guys, I have a merchant who has about a $100,000 balance with Par that he is looking to buy out. It is a reverse consolidation but the other positions are gone and the disbursements are finished so it is only Par remaining. Merchant is doing about $500,000 a month, $15k average balances and it is a supermarket/cafe with decent credit. He is looking for around $250k, any funders out there that would consider this with a Buy Rate in the 1.2s?

[J.Celifarco]

Hi guys, I have a merchant who has about a $100,000 balance with Par that he is looking to buy out. It is a reverse consolidation but the other positions are gone and the disbursements are finished so it is only Par remaining. Merchant is doing about $500,000 a month, $15k average balances and it is a supermarket/cafe with decent credit. He is looking for around $250k, any funders out there that would consider this with a Buy Rate in the 1.2s?

if credit is good there are a few funders that would look at it. Also when did the deposits from the reverse stop?

[SCCNY]

Early July