You haven’t provided near enough information to make a conclusive judgement, but given what you have provided with regard to credit and assets, I’d say it most likely is time to move on.
Sorry… but hope this helps you on your next one, and best wishes for your success! And…
Bad Credit, No assets, huge cash flow - Posted by Steve in Cali
Posted by Steve in Cali on August 08, 2007 at 08:10:52:
I have a potential seller of a business note on a business that has huge cash flow of about 1MM, on a 200k note. The only problem is the business owner has terrible credit low 500s and the business has less than 20k in assets.
Can something be done with this or shall I just move on?