Monday, January 21, 2008

$97 Million Merchant Cash Advance Lead

I've been in the merchant cash advance business for a long time and this email I got today certainly made me realize that now I've seen it all. I thought this would add some good humor to the blog.

Now lets see who has the deepest pockets out there (or has lost their mind to even consider giving a merchant cash advance this size). If anyone knows of an alternative financing source for this transaction, let me know and I'll put you in touch with the salesperson.


Sent: Monday, January 21, 2008 4:17 PM


I have been working your cash advance program and came across something big. Probably too big, but I have a question and was wondering if you could help. There is an Indian gaming company that owns 5 casinos. They want to borrow $97M against their future cash flow (approx. $48M annual Net Income). Can you do anything with it or do you know where I can find someone who can?


Anonymous said...

sounds like some of the crap requests we get out of the box daily from agents-just on a much much smaller size. you tell peopel the SIC's to go after and size of advances you target-they dont listen.

Anonymous said...

Find me a processing company that will take a casino, and I have a bridge to sell you