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05-12-2017, 11:48 AM #1
- Join Date
- Oct 2015
- Posts
- 26
5 Positions; Overnight Route; 10+ years TIB; Over 600 Bureau
Overnight Delivery Route with 5 Existing Advances, 10 + Years Time in
Business, should be over 600 Bureau score. Wants to inquire about
more capital vs waiting on renewal date as a backup. Interested in more
Working Capital or paying off 1 or 2 positions. Difficult situation, understood
there are lots of issues that can be analyzed here. Trying to help
the customer say in line, whether that is possible or not.
Has 5 advances roughly for $100K total balances, does about
$75K to $125K in sales per year depending on the month.
Attempting to do something reasonable for the customer as he may
go out and get another advance on own - So trying to advise them
to wait and figure out a way to slowly pay these off.
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