Day Care Provider - Twice a Month Deposits - Paid By The State
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    Quote Originally Posted by davis3003 View Post
    Breakout Finance - They can offer a semi monthly payment structure.
    Thanks Davis3003! Yes, this sounds right up our alley (assuming it meets our other funding guidelines) -- we fund a ton of low but predictable deposit businesses.

    But like LoanMe said, this would have to be a for profit business (non-profits are restricted for us). But being paid by the state doesn't mean the business is non-profit. We have tons of deals similar to this (paid by state once or twice monthly) on our books.
    Last edited by Cfairbank; 04-14-2016 at 10:35 PM. Reason: Clarification for non-profit restriction
    Carl Fairbank
    Founder & CEO boldMODE
    www.boldmode.com
    Carl@boldmode.com
    Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
    www.breakoutfinance.com

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