[WeFundIt]

I need a hero for this deal.

Client is a landscaping company that does $1.5Mill+, needs $100k
In business since 2002
Has 3 positions with $44k total balance

Dirty laundry:
-IRS tax lien, but all payments current
-Negative days from last 5 months bank statements - July=0; Aug=1; Sept=7; Oct=11; Nov=6.
-Negative ending balance months - Sept= -$2200; Oct= -$2700

Side note:
-Changed banks in November (he said the mistakes of his previous bank in large part caused his NEBs and NSFs)

Client is aware of his negatives, and is willing to consider any and all terms.


Rejected by Pearl, National & Mantis because of the dirty laundry and new bank.

Update: I forgot to mention that the client has some assets that he's willing to use as collateral, if it comes to that. This includes:
-D610 Wheel loader @$50k
-Backhoe @ $50k (equity)
-2 acres in NJ @ $200k