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?