[GBFunding]

Building materials supplier with variable monthly deposits needs funding .

Here are what recent monthly deposits look like :
Nov $211,000 deposits
Dec $302,000
Jan $113,000
Feb $36,000

And so far this month deposits for March deposits are about $185,000

However last month ( February is historically the worst month ) the Merchaht had 6 nsf last month because an auto debit she started paying manually with a check (for insurance payments) kept debiting her account even though they were now being paid via checks the Merchaht sends them .

In February on 3 different days the merchant had items returned (nsf) for non sufficient funds and the merchant had 2 days that she had a negative ending bank account balance. None of the negative bank balance or NSF days are consecutive.

If this is something you are confident you can fund let me know . This file has already been approved for small amounts but the Merchaht wants between $40,000 in funding to $100,000 in funding preferably.

There are no NSFs or negative days this month and In summer months the Merchaht see deposits soar to over half a million dollars a month .

If you can find this email me at adam.c@guaranteedbusinessfunding.org

[Olderguy]

$3M in annual deposits and wants a MCA?

Have you contemplated better options?

Seasonal business - get 12 months bank statements

Real basic maybe try and go to SmartBiz and try for a LOC or term loan?

[brandon_]

Building materials supplier with variable monthly deposits needs funding .

Here are what recent monthly deposits look like :
Nov $211,000 deposits
Dec $302,000
Jan $113,000
Feb $36,000

And so far this month deposits for March deposits are about $185,000

However last month ( February is historically the worst month ) the Merchaht had 6 nsf last month because an auto debit she started paying manually with a check (for insurance payments) kept debiting her account even though they were now being paid via checks the Merchaht sends them .

In February on 3 different days the merchant had items returned (nsf) for non sufficient funds and the merchant had 2 days that she had a negative ending bank account balance. None of the negative bank balance or NSF days are consecutive.

If this is something you are confident you can fund let me know . This file has already been approved for small amounts but the Merchaht wants between $40,000 in funding to $100,000 in funding preferably.

There are no NSFs or negative days this month and In summer months the Merchaht see deposits soar to over half a million dollars a month .

If you can find this email me at adam.c@guaranteedbusinessfunding.org

What is the TIB and credit?

[Yankeeman07]

IF they really want a MCA - consider a credit card split
We would need the to see last summer bank and credit card statements.

But, I would agree with Steve, I would go for a better product if they qualify

SBA Bolt - a Term Loan ?

[Jason Sterling]

We can consider on credit card split MCA. We are usually fine with some NSF's and Negative days in the bank.

Soft Offer:
Signed application
Most recent 6 months credit card processing statements
February business bank and March MTD business bank