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02-01-2021, 07:34 AM #1
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
January 'Trash to Cash' File of the Month
MID-ATLANTIC STATE PHOTOGRAPHY AND VIDEO STUDIO
SECURED $1.5M 17.5 YEAR LOAN @ 6%
TOTAL COMMISSION $68,000
CLIENT IN DEFAULT ON TWO SEPARATE MCA FUNDERS & IN ARREARS WITH IRS 941'S from 2019
Averaging 200k per month in Revenue
Owner was in default on Student Loan Debt
Needed to Refinance HARD money CRE loans
Needed 400k in liquidity to advertise for next years Bookings
THIS WAS NOT EASY OR QUICK
while the amount of effort was challenging, the client is now saving over $40,000 a month in debt payments and is finally on solid financial ground.
Please contact Greg Derwin, our ISO Support Manager, @732-682-6333 (or by email gderwin@bccusa.com) about our White Label Program to monetize cold or challenging files to place.
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