[Sachip24]

Merchant does $250,000 a month. Fico is 665. Has been in business 26 years. Type of business is motorcycle sales, has two locations. He has several outstanding positions, would like to pay off all smaller balances and leave first position open unless lender can come in with an offer of about $350,000 to pay off everything. He has never missed a payment on any lender. No nsf's or negative days. The balances are as follows (1st $190K 2nd 36K 3rd 26k 4th 16k 5th $6k)

[dpFund]

If the client has average monthly net income of $42k - $45k (about 16% - 18% net margin which is a bit high for this client's industry), we could entertain funding this client for the full $350k (we do not stack so could not leave any positions open). Monthly payment over a two year term would be about $22,750 (23 payments, actually).

The client's balances noted above add up to $274k and I'm sure he has high daily payments, which we could likely lower significantly if the financials stack up. Feel free to reach out and discuss.

Best,

Dan Page
Direct: (303) 938-8280
dan@fundingstrategypartners.com

[AdvanceFund]

Merchant does $250,000 a month. Fico is 665. Has been in business 26 years. Type of business is motorcycle sales, has two locations. He has several outstanding positions, would like to pay off all smaller balances and leave first position open unless lender can come in with an offer of about $350,000 to pay off everything. He has never missed a payment on any lender. No nsf's or negative days. The balances are as follows (1st $190K 2nd 36K 3rd 26k 4th 16k 5th $6k)

I think we can help here.

[Steven_O]

Merchant does $250,000 a month. Fico is 665. Has been in business 26 years. Type of business is motorcycle sales, has two locations. He has several outstanding positions, would like to pay off all smaller balances and leave first position open unless lender can come in with an offer of about $350,000 to pay off everything. He has never missed a payment on any lender. No nsf's or negative days. The balances are as follows (1st $190K 2nd 36K 3rd 26k 4th 16k 5th $6k)

Does he own any of the two locations?

[JCsfscapital]

We can do this at Strategic. Email me: jcostigan@sfscapital.com