Let me get this straight.....

1) Merchant is on pace to do $800K this year (2015), or $67,000 a month
2) merchant has TWO outstanding balances totaling 79K
3) merchant wants either $79,000 to pay off the two, or $100K to net something
4) Merchant was $75K in assets they want to collateralize

If the above is all true, Is this merchant out of his or her mind?