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02-05-2019, 10:06 AM #1Senior Member
Reputation points: 4567
- Join Date
- Jun 2015
- Location
- Saint Louis, Mo
- Posts
- 330
Consolidation + No Net Requirement
Hey,
Have a merchant looking to consolidate 2 advances plus net some cash.
Can any direct funder make this work?
-------------------
Design/Build contracting business
7 Years in business
Monthly revenue averages 60k to 100k
Credit score is in low 700's
Currently has approx $152,000 in contracted work backlog
$26,742 in accts. receivable
-Bizfund balance is $44k with daily payment of $452
-Ondeck balance is $30k with daily payment of $187
Looking to consolidate MCAs + net approx $25k
And obtain a min 1yr + term and weekly or monthly payment scheduleLast edited by NickHubbard; 02-05-2019 at 04:24 PM.
Nick Hubbard
Senior Loan Advisor
314-252-0299 - Office
314-885-2262 - Direct
nick@elitefactoring.com
www.elitefactoring.com
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