[JasonP]

If a merchant is depositing 60k a month can they get 250k in total financing . If anyone can help in this it would be great. Merchants fico is 780. This can include startup credit line also.

1. The merchant does not own the real estate .
2. There is no other collateral to pledge .
3. They have no outstanding balance with anyone first time in the MCA market.
4. Just started the business.

IF anyone can come up with any idea or with creative financing tricks please let me know.

[TheShitzuofMCA]

Why the stacking title do they have an open balance? Looks like $250k advance on a $60k per month volume is too much money.

[Funder Mark]

Why wouldn't you just ask if there is any way of arranging $250k of total financing? Getting $250k with cash advances when the client is supposedly doing $60k per month will not happen.

[JasonP]

This can also include credit line for startups . They have never had any loans.

[JasonP]

Thanks Mark i just changed the question to what you suggested.

[J.Celifarco]

If a merchant is depositing 60k a month can they get 250k in total financing . If anyone can help in this it would be great. Merchants fico is 780. This can include startup credit line also.

1. The merchant does not own the real estate .
2. There is no other collateral to pledge .
3. They have no outstanding balance with anyone first time in the MCA market.
4. Just started the business.

IF anyone can come up with any idea or with creative financing tricks please let me know.

Please no trolling and smart answers if you don't have any input to give, please move on.

if your question is can a merchant doing 60k take enough positions to reach 250k in total financing, the answer is only if they want to go out of business. The daily payment on 250k in total positions with only 60 in total income will have the merchant underwater in a couple of weeks. It just wont work

[AndyYSCISOdept]

Two questions, the answers to which will shape my answers.
1. What do they need the funds for?
2. Do they need the whole 250K upfront/all at once?

[JasonP]

For Inventories , face lift and startup costs. Yes they would need it all upfront.

[Chambo]

If a merchant is depositing 60k a month can they get 250k in total financing . If anyone can help in this it would be great. Merchants fico is 780. This can include startup credit line also.

1. The merchant does not own the real estate .
2. There is no other collateral to pledge .
3. They have no outstanding balance with anyone first time in the MCA market.
4. Just started the business.

IF anyone can come up with any idea or with creative financing tricks please let me know.

Only way they get that kind of offer is through an SBA over ten years

[JasonP]

Thanks Chambo, is it something you can help with, if so please email me at support@atlasmarketingllc.info

[Chambo]

uh....no. In other words, the merchant needs to go to the bank and apply for an SBA