[Mahorney]

Merchant does about $900,000 annually. Has a first position balance of 109k, a 2nd position of 32k and a 3rd position of 27k. Currently paying $1241 daily. Had a bank loan approval for $400k but waiting till late October or early November. Owners FICO is 630+. Looking to net 20-25k and payback over 1 year or slightly longer. Would probably renew next June. At 1.38 payment would be around 1000/daily.
Thanks, Tim 937-479-4046

[Chambo]

merchant does $75K a month, but has $168K in outstanding balances...and wants to consolidate and net something?

am I missing something here?

[Mahorney]

Unusual situation- but its done.

[Zach]

If this client has real estate they can pledge, we can fund this deal up to $~225K.

Give me a call and we can discuss.

[Montague]

Whenever i see someone say a florist i always think about that merchant who defrauded the MCA industry. Or else my memory is totally cloudy and i'm thinking of something else.

[Mahorney]

Whenever i see someone say a florist i always think about that merchant who defrauded the MCA industry. Or else my memory is totally cloudy and i'm thinking of something else.

Not this guy.