[upperlinecap]

Im trying to assist an IT (Information Technology) business with a working capital loan.

Avg daily balance over the last 6 months has been consistent at approx $30,000

Borrower has one big customer that amounts to a deposit of approx $10,500 each month. Then he typically has 3 or 4 additional small deposits. So total deposits are above $10,000 per month but it's typically one big deposit of $10,000 and then 4 additional ones of around $250.

Can anyone help with this one given the low number of deposits each month

thanks

[bdshaw]

What's the ideal loan this client is looking for?
Bob Shaw
734-929-3800

[upperlinecap]

Looking for $35k but I think that's very unrealistic given his monthly deposits are hovering around $12k per month...

[GMFunding]

What state are they located in? You have options that include no deposit restrictions if they are located in a qualifying state. If they have a need directly for equipment or related you also have some options. PM if you'd like to discuss further.

[Porcoro_william]

I can offer what he is grossing monthly , maybe more if he has collateral to pledge. Pm me if you're interested in more information.

[Leo C.]

Leo Connell
Funding Specialist

I can help you out if you have statements. Send me an email we can work something out.


Yellowstone Capital
lconnell@yellowstonecapllc.com
Office-646-774-3352
Cell-518-570-0484
Fax-978-313-8631

[rick_clsfunding]

Leo Connell
Funding Specialist

I can help you out if you have statements. Send me an email we can work something out.


Yellowstone Capital
lconnell@yellowstonecapllc.com
Office-646-774-3352
Cell-518-570-0484
Fax-978-313-8631

You do realize this was posted back in 2014?

[Rblakeley]

Do you have a use of funds for the $35k? Do they have any long term contracts in place?

[Leo C.]

I guess the ole "you miss 100% of the shots you dont take" saying applies here, well then.

[bdshaw]

You might try LoanMe

[LoanMe]

You might try LoanMe

Yes thank you Bob. As a MONTHLY repayment product our minimum number of deposits per month is (1). We should be able to take a look at this file.