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03-08-2016, 03:17 PM #1
- Join Date
- Apr 2014
- Location
- Chicago, IL
- Posts
- 185
NSFs and $20K per month
Hello Direct Lenders:
We have an D/F paper deal. 20K per month, ADB (normalized over 4 months) is $1563/month and the average is 7 deposits with some months the deposits being as low as 4. The industry is home healthcare. The issue is that in February the merchant had 7 NSFs with 5 days being spent in the negative. Prior to that they seem to have no more than 5 NSFs per year as Dec/Jan were clean.
No real estate. Help much appreciated.
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