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04-30-2014, 11:07 AM #1
8 million/month revenue, living on overdraft
I have a deal that does roughly 8 million per month in deposits, averaging 38-40 deposits monthly. They are a recycling company and they do not accept credit cards. Their bank statements typically have 10-15 negative ending days per month. They want $250,000, and I've pre-sold them on a 1.30 for 12 months. The merchant has excellent credit.
Does anyone know a good home for this?Last edited by Zach; 04-30-2014 at 11:08 AM. Reason: typo
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