[M-CASH Funding]

I have a merchant that does over $200,000 per month in deposits, however, they have several months that have ended with a negative balance. I thought about doing a split funding deal since approximately half of their monthly revenue comes from credit card receivables. The merchant's personal credit is in the high 5's low 6's and they have 1 position with the balance paid down under 50%. Any suggestions on how to handle this one are appreciated.

[Funder Mark]

Most of the MCA funders wouldn't care about the negative monthly ending balances, they care more about the average ending daily balances. Depending on how many there are of those, will determine what kind of offer you can get.

[Anthony@torro]

^ spot on

[mcaguru]

Keep us in mind!

[Ktolbert85]

While they may end the month negative are they bouncing payments on their current advance and if so how many?

[M-CASH Funding]

While they may end the month negative are they bouncing payments on their current advance and if so how many?

No, there are not

[Yankeeman07]

I have a merchant that does over $200,000 per month in deposits, however, they have several months that have ended with a negative balance. I thought about doing a split funding deal since approximately half of their monthly revenue comes from credit card receivables. The merchant's personal credit is in the high 5's low 6's and they have 1 position with the balance paid down under 50%. Any suggestions on how to handle this one are appreciated.

We do funding with cc split / lockbox

[Zach]

If there is real estate with equity in it, WBL may be able to put together an offer. Feel free to call or email me any time to review.

[KM_Superior]

I have a merchant that does over $200,000 per month in deposits, however, they have several months that have ended with a negative balance. I thought about doing a split funding deal since approximately half of their monthly revenue comes from credit card receivables. The merchant's personal credit is in the high 5's low 6's and they have 1 position with the balance paid down under 50%. Any suggestions on how to handle this one are appreciated.

An ending negative balance is fine- we just require the merchant have an average of 7 negative days or less over the last trailing 3-4 months.