Results 1 to 7 of 7
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05-08-2017, 02:35 PM #1
- Join Date
- Feb 2017
- Posts
- 20
Seeking 50k
The scenario is this guy was offered to buy another business for 50k TODAY that is worth 100k in just the equipment..he averages 50k month...he made 105k in 2014 but in 2015 he made over 300k...HIS PREFERENCE WOULD BE to get 50k today to buy the business on a merchant cash advance or he will except a business line of credit... He has two businesses one is for the outside when it’s hot and the other one is an inside business for when it is too cold outside...
Declined for: Inconsistent daily balances, Too many NSF’S, too many derogatory accounts, too few open lines and too many charge offs…WHO CAN DO THIS ONE?????
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05-08-2017, 02:49 PM #2
- Join Date
- Oct 2016
- Posts
- 4,318
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05-08-2017, 08:30 PM #3
- Join Date
- Apr 2014
- Posts
- 781
Why r u posting this ?? No...no...no..
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05-08-2017, 08:56 PM #4
- Join Date
- Oct 2016
- Posts
- 4,318
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05-08-2017, 11:48 PM #5
- Join Date
- Apr 2014
- Posts
- 781
Declined for: Inconsistent daily balances, Too many NSF’S, too many derogatory accounts, too few open lines and too many charge offs…WHO CAN DO THIS ONE????
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05-08-2017, 11:48 PM #6
- Join Date
- Apr 2014
- Posts
- 781
It's an utter disaster
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05-09-2017, 07:11 PM #7
- Join Date
- Jan 2015
- Posts
- 70
If he buys the company and the equipment within the company is free and clear, we have cash-out equipment refinances if he needs some additional working capital