[CFSCCorp]

Scenario:

Industry:Transportation
Income: 90k+ / month -- Avg Daily Balance about 4k (2015 Tax Return 1.2M)
Income Source: Government Contracts
TIB: 50+ years
Real Estate: None
Equipment: 26 buses, free and clear - worth about 5k each average
Credit: unclear (500 +/-?)
Loan Amount Req'd: 30k-40k
Loan Purpose: Purchase another bus
NSFs: Feb=1/March=6/April=4.
Current Positions: 26k ($1,000 / week) - Avg daily balance about 4k


Will take a 2nd for 30k or will take a first (paying off the first plus 20k-30k). Some negative activity on statements (NSFs--see above). May take Invoice Factoring but leaning toward MCA at the moment. Any MCA lenders out there will take a look with these NSFs but decent financials? or equipment finance on buses?