[Ed - The Funding Guy]

My client who operates an 11 year old hair salon with 6 employees is seeking a $40,000 24 month funding.

Same loan location since 2013.

Average monthly revenue $32,000.

Currently has an EiDl loan in the amount of $300,000 with payments of $193 monthly. Clients Credit score just dipped to 600.

No other business debt. No prior MCA funding. Clients preference is a weekly payment.

Can you recommend a reliable funder?

Warm regards

Ed Felder

813 245 3293

[SBF]

You could try Rapid, depending on the state they are in. That score may not fly though.. but couldn't hurt to try. Most funders/lenders are requiring 625 and up to qualify for the longer terms.

[MCA-VET]

Not sure he will be able to get a 24Mo term on this file. for reasons your addressing in between the lines in post.