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04-19-2023, 04:12 PM #1
- Join Date
- Mar 2019
- Posts
- 105
Media Company, 1mm a month
Client Profile:
Deposits: 900/month
Monthly Revenue: 920k/month
ADB: 320k
Negative Days: 0
Positions: 1, B paper lender, currently at 3.75% withhold, funded small renewal in late January
Credit: 722
State: NV
TIB: 9/2020
Industry: Digital Media / E-Commerce
Looking For: 500-700k, 6-10 month deal in the high 3's, low 4's Sell Rate
Now here is the hair on the deal. Client owns 40-50 different e-commerce brands. All under the same entity, just different DBA's. He has roughly 20 different revenue generating business bank accounts, all relatively small rev per account at the same bank.
All revenue sweeps into a main account at the end of each day, but it still shows as a transfer. We have all accounts.
Who would give me a real deal that is not the ultra high risk guys. I have 300k over 42 weeks right now. Simply not enough money and a lot of stips to fund. I understand its complex, but who has an appetite for this deal?
If you are going to ask for all merchant processor statements it Dead on Arrival. He has 40-50 different merchant processor accounts for each brand.
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