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07-15-2015, 12:14 PM #1
- Join Date
- Nov 2014
- Posts
- 76
Merchant with excessive negative days but overdraft protection in place
Looking at a deal here...Merchant depositing over $100k a month... coming off a credit card advance with lockbox and wants to get into a fixed daily payment loan or advance. Has multiple negative days but has verifiable overdraft protection in place with bank. Are there any lenders/funders that will do a daily ACH deal with excessive negative days given that there is overdraft protection in place?
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