[FUNd]

Sure, just did a similar deal where merchant was negative everyday for last 3 months.

Cool story. How?

[Zach]

Probably brokered it to WBL

;-)

[FUNd]

Probably brokered it to WBL

;-)

Damn you're good Zach. Real good.

[FUNd]

depends....what does he do with the money. That will be the only way you can know.

To many examples to name but one that comes to mind was a Office furniture company. Guy could make 600% profit on the money I gave him so his banks would look reall ghreat for about 3 months after I gave him money and then they slowly die and then he'd come back.

I respect what you're saying, but running in the red on a balance sheet and in the red with a negative bank account balance are two very different scenarios. I don't know, I just throw so many of these guys in the trash. One yesterday that was pulling in 2 mil a year, but his average balance was -$12,500, with 20 negative days a month on average. Nothing I can do with a guy like that - or so I thought...

[Zach]

Fund,

Shoot me that deal! It will be our highest price point (6 month 1.38 with 8 points to you, 15 month max term) but it might be doable. Of course he has to have a good reason why he's running in the negative and... he needs collateral.

[Zach]

Heck, shoot me some of your trash-canned NSF files and I'll personally call them and pitch them. You can even listen in and poke fun at me if you want!

[bdshaw]

This sounds like one of our superior clients.
If he does commercial construction we may be able to help.
Bob Shaw
rshaw@advancecredit.com
734-929-3800

[ISO.handler2015]

Throwing this out there. Anyone consider a construction company that has negative balances daily but the bank covers it.
200k a month and growing just the gap from pay they run a lot of nsfs basically most of the month..

ask if the have any equity in anything