[SBF]

(Direct Lender Only Please)

They currently owe $12K, which is being paid via lockbox @ 12% split.

Monthly revenue averages $70K, 95% is through CC's. Bank shows 14 negative days in Feb and 12 in each of the prior months.

Please review for lockbox split.. highest offer possible.

They do have a tax lien of $50K.. the IRS will allow a payment plan, but require $10K down. For now they have been sending IRS random payments, as evidenced in the bank statement.

Owner's credit is okay at 620.. past due on some credit cards.

[kpeng]

If those monthly numbers are true, we can take a look. We would have to pay off the $12K owed though, since we only offer 1st position.

We are a direct lender.

[SBF]

Great.. I'll get it to you Ken!

If those monthly numbers are true, we can take a look. We would have to pay off the $12K owed though, since we only offer 1st position.

We are a direct lender.

[MikeC524]

We can look to pay off the 12k then set the merchant up with a CC deal if they really are doing most to all of their volume through processing. Please contact me to discuss.

Mike@SamsonPartnersLLC.com
347-492-1801

[Jason Sterling]

We are a processing company and direct lender. We would have to pay off existing balance. Feel free to call me anytime.

[Zach]

Even with their excessive negative days, WBL can provide a loan of up to $140K based upon the cashflow estimate you've provided. You should ask if they have any real estate with unused equity you can take a look at.

Feel free and give me a call or email when you can.

[KM_Superior]

(Direct Lender Only Please)

They currently owe $12K, which is being paid via lockbox @ 12% split.

Monthly revenue averages $70K, 95% is through CC's. Bank shows 14 negative days in Feb and 12 in each of the prior months.

Please review for lockbox split.. highest offer possible.

They do have a tax lien of $50K.. the IRS will allow a payment plan, but require $10K down. For now they have been sending IRS random payments, as evidenced in the bank statement.

Owner's credit is okay at 620.. past due on some credit cards.

We are a fan of restaurant lockbox deals and would take out the 12k.