Merchant owns a recreational rental company on a large lake out west. Their fleet consists of multiple jet skii’s, ATV’s and ski boats.

They would like to add a new $40K pontoon boat.

TIB is 8 yrs, owned by husband and wife with low 600 credit scores.

Willing to pledge 3 ski boats, valued approx $10K each and put down $15K.

I have already provided them with 2 advances, so no more can be done in this regard. I have tried a few leasing sources, but so far its a no go.

Thanks!