Quote Originally Posted by Michael Sla*****er View Post
2 positions with balances totaling $59,000.
Restaurant averaging $63,000 for past 3 months.

I am aware the balances are too high at this time to refinance but what funder has the lowest net rule?

Thank you in advance,
Mike
msla*****er@sla*****er.com
Lendvo has a 0-net rule.

That doesn't mean a stright-refi like this is easy though. On this file we wouldn't even consider a zero-net until the balances were down to $50k. We'd also need to be able to save the merchant a lof of money in terms of cash drain from debt servicing.

Could be easier though if merchant was willing to switch processing and can show a profitable 2018 corp return.