Results 1 to 8 of 8
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11-06-2013, 04:04 PM #1
- Join Date
- Nov 2013
- Posts
- 1
Wondering If Deal Is Possible
I have a client who is a food distributor. Their last four months they had 250k-300k in deposits. He's looking for 100k+ to open another warehouse. Sent to two companies but one said there were too many inconsistencies and another said there were too many nsfs. He gets between 8-12 deposits a month, has been in business for 3 years and his ending balances are positive. He also says to own seven trucks and leases two warehouses, one in California and another in Colorado.
Wondering if this deal is worth pursuing and if it is what company can get it done. Thanks in advance.
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11-06-2013, 04:49 PM #2
Yellowstone Would take a look...we love high risk deals!!! 800-955-2411
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11-06-2013, 05:05 PM #3
damn I had the under on whether or not Isaac would respond to this post within 30 minutes.
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11-06-2013, 05:37 PM #4
- Join Date
- Aug 2013
- Posts
- 196
MFS global would be interested int his deal.
Contact us at:
701-473-1145
isosupport@mfsglobal.com
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11-06-2013, 06:02 PM #5
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11-07-2013, 10:32 AM #6
- Join Date
- Jun 2013
- Posts
- 351
Completely separate from this deal, I always find it humorous when you hear someone say that the ending balances are positive as if the ending balance means anything more than what the balance of their bank account is on the very last day of the month. What about the other 29/30 days???
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11-07-2013, 10:48 AM #7
Agreed...its really all about the avg daily balance and when they do go negative do those debits clear or bounce
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11-07-2013, 11:50 AM #8
- Join Date
- Aug 2013
- Posts
- 196
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