Who cares only about getting paid and not negative days?

[tmahorney]

No laughing or sneering. Just got off the phone with a guy I worked with a couple years ago. In the restaurant business for a long time. Consistently does 36-40k monthly. Paid off OnDeck 30k, has been renewing a deal with FDMS for 4 years and is about to do it again for 30k, current balance is 11k. The bad, he runs about 10+ negative days a month- everybody gets paid he has OD protection he just spends a stupid amount in fees. Any suggestions or takers?

[fcfinancial]

Credit Card Split / Lock Box

[GulfCoastFunding]

Yeah, tell your client to watch his bottom line. If he's going negative he's not depositing either all of his cash or he has his bills debiting from his account the day before he gets his ACH from his CC processor.