900k a Year Business - 1 OnDeck Payoff - Weekly/Monthly Payment Wanted
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  1. #1
    Member Reputation points: 1135 Cambridge's Avatar
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    Dec 2016
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    900k a Year Business - 1 OnDeck Payoff - Weekly/Monthly Payment Wanted

    A children's indoor party center, bounce house rentals, etc, 9 years in business, doing 900k a year is seeking to get out from under the daily payments from:

    OnDeck at $450/day - $76,000 Balance


    Here are his last 6 months' deposits:

    Sept - 72k
    Oct - 91k - 3 neg day
    Nov - 85k
    Dec - 75k - 4 neg day
    Jan - 96k
    Feb - 78k - 1 neg day


    Credit is:

    EXP - 678
    TRANS - 671
    EQUI - 710


    He owns the commercial building - Mortgage is just over 11k a month


    Seeking as close to 150k possible to pay off the OnDeck balance and to net him some funding. He is no longer interested in a daily payment so I'm hoping to get him ONLY a weekly or a monthly payment if possible over 18 months. We have plenty of daily payment options, please don't offer that option.

    And please only contact me if you're lending the money directly and can make this happen. I have worked with this client for a year now and don't want to waste his time or ours.

    Thanks,


    Eric Douglas Statzer
    Statzer Consulting, Inc.
    100 S Ashley Dr Suite 600
    Tampa, FL 33602
    305.746.1470
    eric@statzerconsulting.com

    https://www.linkedin.com/in/ericdouglasstatzer
    Last edited by Cambridge; 03-09-2017 at 11:37 AM.

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