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01-06-2017, 03:57 PM #1Member
Reputation points: 74
- Join Date
- Mar 2016
- Posts
- 47
Seasonal tourism biz. $1Mill+ rev. Good banks. Want $150k
Client does great business during their busy season. They are looking to expand in their local region and to other states, but need $100-150k to buy equipment, make upgrades, etc. They are not too interested in daily terms, but may consider it if the terms won't sink them in the off season.
2016 Banks:
Month $Dep $Av. Daily Bal NSFs Jan 26k 657 3 Feb 24k 2k 4 Mar 31k (400) 4 Apr 30k 4k 11 May 45k Switched banks 0 Jun 160k 18k 0 Jul 220k 92k 0 Aug 353k 145k 0 Sep 146k 180k 0 Oct 62k 165k 0 Nov 2k 96k 0 Dec 2k 58k 0
Additional Notes:
-TIB: 2 yrs
-Almost all of their revenue is via credit cards.Last edited by WeFundIt; 01-06-2017 at 06:29 PM.
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