Results 1 to 7 of 7
Hybrid View
-
01-06-2015, 11:13 AM #1
- Join Date
- Oct 2014
- Location
- Naples, FL
- Posts
- 476
$7500 Needed for Seasonal Merchant - Any thoughts?
Any feedback? Takers?
Amount Requested: $7,500
December 2014: $50.00 (no nsfs) Avg Daily Balance: $76.34
November 2014: $9264.26 (no nsfs) Avg Daily Balance: $1971.50
October 2014: $7,329.36 (no nsfs) Avg Daily Balance: $2557.22
September 2014: $14552.81 (no nsfs) Avg Daily Balance: $3933.19
August 2014: $23,152.14 (no nsfs) Avg Daily Balance: $3821.81
July 2014: $16,456.40 (no nsfs) Avg Daily Balance: $3082.51
June 2014: $21,436.40 (no nsfs) Avg Daily Balance: $3746.61
May 2014: $17,299.58 (2 nsfs) Avg Daily Balance: $3534.15
April 2014: $8,237.69 (2 nsfs) Avg Daily Balance: $1409.28 (1 negative day)
March 2014: $1272.04 (2 nsfs) Avg Daily Balance: -75.31 (2 negative days)
February 2014: $2,679.34 (7 nsfs) Avg Daily Balance: - $327.35 (14 negative days)
January 2014: $1,298.10 (16 nsfs) Avg Daily Balance: -621.30 (14 negative days)
Average Daily Balances :$3000
Total NSF’s: 29
How many days in the negative: 31
Business: Drive In Theater - Seasonal due to snow
-
01-06-2015, 11:20 AM #2
-
01-06-2015, 11:28 AM #3
- Join Date
- Oct 2014
- Location
- Naples, FL
- Posts
- 476
Thanks... and sorry for that!
-
01-06-2015, 12:25 PM #4
send it over i can fund it
Ariel Perez-Palma
Finance Specialist
World Business Lenders
81 Market Sq.
Suite 7
Newington, CT 06111
Direct: (860) 436-4963
Cell: (203) 600-4221
Fax: (646) 924-3632
Email: aperez@wbl.com
Web: www.wbl.com
-
01-06-2015, 12:26 PM #5
- Join Date
- Dec 2013
- Location
- Connecticut
- Posts
- 332
What state are they located? Hows the FICO? Don't think you'll find a home with an MCA/Daily payment lender but some of the high risk term loan providers don't necessarily care about the seasonality.
-
01-06-2015, 12:30 PM #6
- Join Date
- Jul 2014
- Location
- Online
- Posts
- 965
The payback months aren't very strong if you were to qualify him right now. Even with collateral the balances do not support a large advance...
MFS Global would have been a good choice for them if they didn't have so many NSFs. He starts picking up in April... Tricky. How is his credit? You can try to qualify him for a LOC so he can use it at his disposal... monthly payments...
-
01-23-2015, 12:59 PM #7
- Join Date
- Jan 2015
- Posts
- 29
I could definitely help you with this and quickly as well.
Email me at funding@berkmanfunding.comLast edited by SK215; 01-23-2015 at 02:17 PM.
Similar Threads
-
Seasonal Trucking Business
By mca123 in forum Deal BinReplies: 8Last Post: 01-23-2015, 01:00 PM -
Seasonal tax firm with 10 locations
By SUPERIORFUNDING in forum Deal BinReplies: 3Last Post: 12-30-2014, 03:17 PM -
Who Funds Seasonal Businesses?
By 1StopFunding in forum Deal BinReplies: 4Last Post: 12-30-2014, 03:12 PM -
Your Thoughts Of What Occured
By 1StopFunding in forum Merchant Cash AdvanceReplies: 11Last Post: 04-23-2014, 06:35 PM -
Merchant Cash Advance Agent needed for Gulfcoast area. New Orleans-Biloxi-Mobile
By Gregg in forum Help WantedReplies: 0Last Post: 03-25-2014, 08:56 AM