[RDav]

Trucking Company doing 100k-250k past few months, was doing about 30k before that.
Personal Credit is in the dumps and has a few NSF's a month, with 2 main deposits, and few smaller ones.
He just got this deal, that he hauls truckloads and gets paid every 2 weeks about 100k (I have a breakdown of what that 100k deposit consists of), and he just got another one of these deals recently so his deposits are on the rise.
He got Funded By Fora Financial in the beginning of the month for 10k because they were going on his previous months where he was only doing 30k, this was to officially get him in the door and give him additional funding 1 month later. (He's definitely ready to pay Fora off, if I can get him a good offer).

Anyone can do something on this one?

[John_FMS]

See if FORA will do an add-on. If not, feel free to give me a call.

[WhoisKingsley]

Hypothetical scenario

Fora now looking through the trucking companies they funded in the beginning of the month for 10k...
Poster wasn't original Broker who got the Merchant the 10k
Fora has great relationship with Broker #1- gives them a shout that it sounds like his deal
Broker #1 calls and says hey, I got an add on for your previous funding if your revenue supports it
Broker #1 gets new banks- adds on.
Broker #2 thinks deal was stolen

Seriously though on this one- is he really doing only 2 deposits a month from one source? If he just got the current contracts to bring in 2 additional deposits- you're better off waiting another month or two to show more stability and growing rev. IF not - factor this baby and keep your client. Don't just get another advance and tomorrow he's gone. Bridge the gap and advise what the Business needs- not what you want and tell him to do because he doesn't know any better.

[JDMerchant]

I PM'd You, I can do this

[George]

If he owns some trucks he can use them as collateral in a sale and leaseback transaction. He would raise some cash and get tremendous tax benefits as well. Contact me to discuss if interested. George Bloom Consulting. 772-285'6711.