[TedFundy]

550 Personal Credit score. 14 years in business. No other previous funding.

Last 3 months deposits

Dec - $4,300 (but had a negative balance for nearly the entire month)

Jan - $10,000.00

Feb - $15,000.00

March so far - $4,000 + (8k invoice next week)

Owner would like a 15k advance and wants monthly withdrawals. Will anyone look at this? Should I wait until March is over to send those statements?

UPDATE*

She is unwilling/unable to factor her receivables. Anyways, I am not knowledgable in the staffing factoring business. From what I know, when she invoices her client, she receives a deposit from "American Funding" (in the deposit description it says- factoring). Hmmmm My guess is that her clients have an agreement with a factor where they pay her invoice on a discount for immediate payment. She is oblivious to this.