[Fundyman]

Here's the scenario:

Really slow months now, don't pick up until end of April/start of May. (Literally $10K/month average)
Business picks up in May at no less than $67K, then consistently $100K+ monthly until December.
580 FICO (due to recent heavy shopping by psycho broker; was 720 before)

Needs $40-50K working capital to hold him over until business picks up.
He can't get "$5K now, then the rest later"-type deal. If that were the case, might as well just wait.
Has to be substantialfunding, or else, doesn't make sense...

If you can work with this type of scenario, & fund him now, PM me or email: solidmerchantsolutions@yahoo.com

[nrh1lp]

Well, he will not be able to afford the payment on a $40-50K advance... 50K @ 1.3=65K total payback /120 payments=$541/day... which is more than the 10K/month he grosses. WBL may be able to help if he has the RE. Pledge cap if he has other collateral (maybe). Unfortunately he does not have a high enough score to get a longer term advance and even if you were to underwrite based on seasonality and what you "predict" will happen you still have the entire months of February and March in which not enough revenue is being produced to afford that high of a payment. Best of luck trying to place this one

[J.Celifarco]

Here's the scenario:

Really slow months now, don't pick up until end of April/start of May. (Literally $10K/month average)
Business picks up in May at no less than $67K, then consistently $100K+ monthly until December.
580 FICO (due to recent heavy shopping by psycho broker; was 720 before)

Needs $40-50K working capital to hold him over until business picks up.
He can't get "$5K now, then the rest later"-type deal. If that were the case, might as well just wait.
Has to be substantialfunding, or else, doesn't make sense...

If you can work with this type of scenario, & fund him now, PM me or email: solidmerchantsolutions@yahoo.com

what is the average daily balance in the bank? With payback months and an 8 month deal it may be possible but only if bank balances are really strong. Honestly even then25k-35k probably more realistic

[happysales]

Try BFS-they sometimes do seasonal businesses with seasonal payback structure-paying less in slow period, more in busy season.

[Zach]

If we look at a full year's worth of bank statements, WBL can probably put something together for this guy. Let me know if you want us to 3-way call him with you or something and review his collateral.

[Michael Jagiello BGF]

You may want to give LoanMe a shot, they offer monthly payments and if his payback months are solid then they may be able to work something out so that he doesn't over leverage himself in the slower months. Cheers!