[k lion]

I have a restaurant doing 35k, 19k, 32k, 23k, ending balances are 11k, $937, $174, and $180. Credit is
low sixes. Would like to consolidate a credit card split with $8800 balance and a cash advance with $11,000
balance. Needs to lower his daily. Can anyone do?

[Alpha]

I have a restaurant doing 35k, 19k, 32k, 23k, ending balances are 11k, $937, $174, and $180. Credit is
low sixes. Would like to consolidate a credit card split with $8800 balance and a cash advance with $11,000
balance. Needs to lower his daily. Can anyone do?

Are the 35K and 32K spikes in revenues organic or from deposits of existing advance and CC split? If so, merchant seems overleveraged and unable to clear enough net for consolidation. Would need more information on credit card receivables over time to determine if this is a candidate for consolidation.

[Yankeeman07]

I have a restaurant doing 35k, 19k, 32k, 23k, ending balances are 11k, $937, $174, and $180. Credit is
low sixes. Would like to consolidate a credit card split with $8800 balance and a cash advance with $11,000
balance. Needs to lower his daily. Can anyone do?

Over the last 3 months, what is the average credit card processing volume?

[k lion]

average cc volume is $9500

[k lion]

yes. The spikes were due to a 11000 cc split and 15,000 cash advance. He would like to get payments down. The split is 40% paid down, and cash advance 50%.

[k lion]

Maybe a funder who could do a 20% net would work?

[golf2014]

No way, move on

[Yankeeman07]

average cc volume is $9500

Not much to work with - but, MAYBE a term loan depending on bank statements and Tax Returns

[k lion]

could a consolidation of only the cash advance work?

[Finance Guru]

Not much to work with on this one. We do offer consolidations and CC splits if you are interested in future deals.

[DirectFunders]

Consolidation or another advance won't help this merchant. Try a term loan.