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09-20-2016, 04:52 PM #1Member
Reputation points: 293
- Join Date
- May 2016
- Posts
- 15
Consolidation Netting under 30%?
Merchant has 2 positions (Construction/Framing), 135k average monthly sales, 560 Fico, 1st balance 56K w/ daily of 750, 2nd Balance 25K w/ daily of 550. Bottom line these 2 advances (81k TOTAL costing him $1300 daily) is killing him. Factoring his receivables is out of the question. No matter what he nets there is a true BENEFIT. Any suggestions?
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09-20-2016, 06:04 PM #2Member
Reputation points: 10
- Join Date
- Aug 2016
- Posts
- 7
Call me at 718-504-6592
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09-21-2016, 10:40 AM #3Member
Reputation points: 11
- Join Date
- Aug 2016
- Posts
- 25
PMd
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