Quote Originally Posted by Hedley Lamarr View Post
Silly Question: I know the AR might be wrapped up in the SBA. If there is any AR, how much is outstanding?

I have cleaned up many MCA messes that stacked an SBA facility. I financed the AR and sometime AR/Inventory. The MCAs and some of the SBA was paid down and the SBA took security in the other assets: M&E/Real Estate.
Some were factoring. The larger deals were ABL.

Basically used the more liquid assets in a revolving facility that picked up more liquidity than the SBA.
there's no ar report just a massive amount of cc deposits there's also no inventory