[Kevin Henry-Seacoast]

I have a client with 1.5+m in 90 day aged A/R
Did about 7m in 2020
Between 1.5m-10m each in the last 5 yrs.
4 positions, 750k
Services sector - Niche Market Consulting
Got 800k in PPP
No real collateral to speak of.
Looking for 300k
Anyone into this?

What are the terms with customers. Are terms N90 which explains the >90 with AR? I am working to close a deal now where the client has N90 and N120 terms with some customers. If there terms are N30 or N60 and they have that much over 90 there is not much chance of getting anything done with the AR.