[ERS]

I have a Client who is seeking $150K who averages around $350K per month in revenue. This deal should have been easy, and it was. I had them approved and then... They got hit with a tax levy that put a serious dent in their cash flow. The company is public but has one voting shareholder.

The saddest part is that the IRS owes them $220K in overpaid taxes and they were supposed to deduct the tax bill from the balance but someone dropped the ball and levied them instead and created a bit of a quagmire.

I need to find a lender that can look at the big picture and understand the cash flow shortage and overdraft/nsf activity was a direct result of the Tax issue and NOT the normal scenario for this company.

The good news is that the Tax Bill is now paid in full so there is no chance of happening again and revenue is back up and the Client needs the Cash to finish opening their newest location which they have already leased which is directly across from a major sports stadium.

[admin]

moved to deal bin

[Miguel]

Send over let me look at it mmartinez@wbl.com

[Zach]

Sounds like an easy deal. Feel free and send it over to NewDeals@corebusinessloans.com.

[Eagle Funding]

I can take a look at it, looks like I can get this done email me cscuderi@mcamerchant.com