[Wmateo]

I have an independent retail pharmacy run by husband and wife and have revenue growth every year. They are getting closer to paying off their debts but need to consolidate to free up cash flow and reduce the burden on the company. They have a loan for 140k with daily payment, which has been paid without delays. The merchant just wants to extend the term to 18-36 months if possible.


Thank you in advance.

[anonymous]

What's their average monthly revenue, FICO (estimate), and ADB?

[Wmateo]

What's their average monthly revenue, FICO (estimate), and ADB?

The numbers are as follows:

Average MOnthly deposits: $244k
Average Daily Balance:$42,000
FICO: 680+
ANNUAL SALES:2.1MM

[Synergy Funding]

Hey William,
Give me a call at the office and mention you're calling from dailyfunder so the switchboard puts you through asap.
I'll help you out.

Kyle Readdick, CEO
Synergy Direct Funding
2525 Camino del Rio S
San Diego, CA 92108
p: [866]428-0172 | f: [888]372-6007
w: http://synergydirectfunding.com

[Zach]

WBL can do much longer terms than most of our competitors, in case the borrower needs that lower payment.

[RichardGerard]

Client honestly shouldn't be in the MCA space. On 250k plus per month the Pharmacy likely has 300k in receivables to Insurance Companies, Medicare and Medicaid. The right folks on this blog can leverage 85% of that 300k at interest only monthly.

[DF.SamsonFunding]

I would like to take a look at this, as I think we can place the client in a longer term to relieve payments and help cash flow. Please give me a call to discuss the file further.

Daniel
Samson Funding
347-682-5727

[MoneyGuy]

Average MOnthly deposits: $244k
Average Daily Balance:$42,000
FICO: 680+
ANNUAL SALES:2.1MM

This can be taken care of in a matter of 24-48 hours through Vertical funding. Request pay off letters so we can get this done for you. We provide rates starting in the single digits and are able to lend up to $5,000,000. We have short term and long term programs and our owners have 40+ years experience in cooperate business financing so we are very familiar with these types of situations. You can email, text or give me a call me if you have any questions, I would be happy to assist you. Have a great day.

email- john@verticalbizfunding.com
office- 201-258-7720 ext-412
cell- 201-563-9156

[biggr]

I wouldn't request payoff letters just yet!!!!

[Wmateo]

Average MOnthly deposits: $244k
Average Daily Balance:$42,000
FICO: 680+
ANNUAL SALES:2.1MM

This can be taken care of in a matter of 24-48 hours through Vertical funding. Request pay off letters so we can get this done for you. We provide rates starting in the single digits and are able to lend up to $5,000,000. We have short term and long term programs and our owners have 40+ years experience in cooperate business financing so we are very familiar with these types of situations. You can email, text or give me a call me if you have any questions, I would be happy to assist you. Have a great day.

email- john@verticalbizfunding.com
office- 201-258-7720 ext-412
cell- 201-563-9156

Lol. Thank you.