[cannolimca]

I have a merchant with high rev and a high average daily balance. Mostly cash deposits but a decent amount comes from Square. Pharmaceutical sales industry, is interested in putting his escalade up for collateral if he can get more money. Willing to pay back in a month due to high turnover.

[JHG]

We're willing to take a look at it

Diana
[email protected]
929-566-7317
16-8750 Jane St, Vaughan ON

[aaron4235]

what kinda pharma company is mostly cash....

[ridextreme]

what kinda pharma company is mostly cash....

Not a legit "pharmaceutical company"...

[abfunders]

Real estate as collateral, quick cash out, depends on the property type and location and the existing leverage on the property..... I hope that the cash is not unmarked bills moving in circles.

[cannolimca]

Real estate as collateral, quick cash out, depends on the property type and location and the existing leverage on the property..... I hope that the cash is not unmarked bills moving in circles.

The merchant would like to put his escalade up for collateral. Could you do that?

[Cash Advance Kid]

The merchant would like to put his escalade up for collateral. Could you do that?

Not in a merchant cash advance.

[abfunders]

The merchant would like to put his escalade up for collateral. Could you do that?

Why is WBL out of the question? Because they'll take a month? How much equity is left on the property?

[cannolimca]

Not in a merchant cash advance.

Cash advance is fine, the turnover on the money is a week to a month.

[Yankeeman07]

I have a merchant with high rev and a high average daily balance. Mostly cash deposits but a decent amount comes from Square. Pharmaceutical sales industry, is interested in putting his escalade up for collateral if he can get more money. Willing to pay back in a month due to high turnover.

A pharmaceutical company using Square?
Just my musing - I'm guessing they are a miscoded merchant since pharmacy is on Square Prohibited List

• Internet/mail order/telephone order pharmacies or pharmacy referral services (where fulfillment of medication is performed with an Internet or telephone consultation, absent a physical visit with a physician including re-importation of pharmaceuticals from foreign countries) - Drug Paraphernalia

Putting that aside -

What amount are they seeking?

What do financials show?

[AbeSiegel]

I have a merchant with high rev and a high average daily balance. Mostly cash deposits but a decent amount comes from Square. Pharmaceutical sales industry, is interested in putting his escalade up for collateral if he can get more money. Willing to pay back in a month due to high turnover.

Does he have position at the moment?

[aaron4235]

What year is the escalade? How many miles? How many kilos can you fit in the trunk?