8 million/month revenue, living on overdraft
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  1. #1
    Senior Member Reputation points: 30475 Zach's Avatar
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    8 million/month revenue, living on overdraft

    I have a deal that does roughly 8 million per month in deposits, averaging 38-40 deposits monthly. They are a recycling company and they do not accept credit cards. Their bank statements typically have 10-15 negative ending days per month. They want $250,000, and I've pre-sold them on a 1.30 for 12 months. The merchant has excellent credit.

    Does anyone know a good home for this?
    Last edited by Zach; 04-30-2014 at 11:08 AM. Reason: typo

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