I have a client with a CAN loan now and only 11k left to pay it off. Client has a 3 1/2 old Concierge Tourism Service company (Travel Agency) which I realize is a tough deal, somehow he scored with CAN last year at 46k and a 1.28 and a daily of $201 - Don't ask me how but it's there.

He does 90k a month, a substantial amount of this in credit cards. He does has credit hurdles, nothing crazy, just around 590-610

I have a MCA payoff offer for 49k but the rate is a 1.51 - No chance
I have a 2nd position daily deal offer for 40k, but the term is 110 days and the daily is $530/day

I'm hoping to get him something closer in range with his original offer, he would like to net as close to 40k as possible. I realize that original CAN deal is a stretch, but if I can get something close, he's mainly concerned about that payment increase. I don't blame him, that second offer would be his $201 PLUS $536 more a day.

Direct Lenders Only Please, let me know if this is something you would be able to work with.


Thanks!