[mikem]

-Security systems integrator

-CA

-Roughly 670 credit

-TIB 6 Years

-$500K Annual Rev.

-No Nsf's or negative days in the last 4 months.

-Average ledger over 5K

Deposits:
July- 25K
Aug- 41K
Sept- 37K
Oct.- 20K


Has a 12K balance with some funder.
Wants to have it paid off and net 15-20K

Wants to be funded before the weekend.

[John_FMS]

We could take a look. He can be funded before the weekend.

[mcaguru]

Cresthill Capital may be a good place for this file...
As many of you have noticed we are probably now the fastest in making offers and have an assembly-line process for getting a file adjusted in your (merchants favor) commissions are double digits and in most cases we are the lightest on stips.
we now can assign ISO's with a "File Advocate" that is almost like "your employee on our payroll" to keep you updated on were things are holding.

[LoanFunder]

Expansion Capital Group, he's right in their wheelhouse and they can definitely get it taken care of by the weekend if your merchant is motivated.

[AdvanceFund]

-Security systems integrator

-CA

-Roughly 670 credit

-TIB 6 Years

-$500K Annual Rev.

-No Nsf's or negative days in the last 4 months.

-Average ledger over 5K

Deposits:
July- 25K
Aug- 41K
Sept- 37K
Oct.- 20K


Has a 12K balance with some funder.
Wants to have it paid off and net 15-20K

Wants to be funded before the weekend.

I can help you here. E-mail or call me.

[MoneyGuy]

What was the original payback and funding amount? This sounds like the right home for vertical funding. The credit score and gross sales qualify him for what he's looking for. I know the issue you have been trying to get around is the average ledger balance but I recently funded a client with a $7k average ledger balance and 550 credit score so this will not be a problem for us. 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

[bdshaw]

Mike. you may wa,t to consider a factori,g line to payoff the existing MCA and write a new MCA..
Bob