Quote Originally Posted by ByzFunder Bus.Development View Post
Hi Michael, we are looking to see what the business did before the pandemic, then obviously we know that during the pandemic 90% of business have suffered and revenue decreased and we know that, so we are not fully taking the last few months into major consideration, hence why we want the MTD to see if the business is on the upswing and if it is we can make an offer. The prior months gives us a good feel on where the revenue can get (respectively) over time again, and what the business looked like in normal times. We are also making offers that can include an add on loan within 30-60 days if the business continues to increase its revenue. Feel free to reach out. I will always take a call. We can get creative, circumstance permitting with different merchants. My cell is 845-494-4898. Respectfully, Greg B.
Ok so if someone was doing 100k a month steadily and did zero for last 2 months. What will mtd need to show and and what will the approval be like?
Also losing track of everyone business names,who owns byzfunder?