Riverside Auto Groupdba Riverside Auto· DEMO-1004fundedin the clear
Deal
Funded
$45,000.00
Payback
$58,500.00
Collected
$58,500.00
Outstanding
$0.00
Paid in
100%
- Merchant
- Riverside Auto Group Google
- Product
- MCA
- Funder
- Summit Funding
- ISO
- Atlas Brokers
- Factor / Buy
- 1.3 / 1.24
- Funded / Payback
- $45,000.00 / $58,500.00
- Net to merchant
- $45,000.00 = funded $45,000.00 − bank fee $0.00
- True cost
- $49,500.00 = funded $45,000.00 − bank fee $0.00 + commission $4,500.00
- Cost recovery
- ✓ In the clear collected $58,500.00 ≥ cost $49,500.00 — everything from here is profit
- Fees
- -
- Schedule
- -
- Underwriter
- -
- Term (days)
- 150
- Position
- -
- Funded at
- 05/05/2026
Bank data & cash flow
No bank data yet — the underwriting score is running without cash-flow metrics.
Statement analysis
nothing received yetThe statement engine posts its result to /api/v1/statement-analysis with an API key; until it is wired, paste one here.
Credit
No bureau pull on file — the decision engine treats FICO as unknown.StackingNot checked.
NY court judgments
Not checked.Submissions to outside funders
Summit FundingFinal Reviewsubmitted 04/25/2026
factor 1.3 · $45,000.00 → $58,500.00 · 150d
Commission
- ISO
- Atlas Brokers
- Offer
- Standard origination (PERCENT_OF_FUNDED 10)
- Gross
- $4,500.00
- ISO Rep
- -
- ISO net
- $4,500.00
Stipulations
🔒 Stips are locked — the deal is funded.
- Bank StatementsmandatoryCompleted
- A/R Aging ReportmandatoryCompleted
- Driver LicensemandatoryUnder Review
Participation
No syndicators on this deal.
Economics — bank fee & profit split
Cost of deal $4,500.00 · total profit $9,000.00. Rules are configurable in Settings → Capital & fees.
| Participant | Funded | Bank fee | Mgmt fee | True cost | Profit |
|---|---|---|---|---|---|
| House | $45,000.00 | $0.00 | $0.00 | $49,500.00 | $9,000.00 |
Payments
| Advance payback split: House $4,875.00 | $4,875.00 | PAID | 06/11/2026 | ||
| Advance payback split: House $4,875.00 | $4,875.00 | PAID | 06/07/2026 | ||
| Advance payback split: House $4,875.00 | $4,875.00 | PAID | 06/03/2026 | ||
| Advance payback split: House $4,875.00 | $4,875.00 | PAID | 05/30/2026 | ||
| Advance payback split: House $4,875.00 | $4,875.00 | PAID | 05/26/2026 | ||
| Advance payback split: House $4,875.00 | $4,875.00 | PAID | 05/22/2026 | ||
| Advance payback split: House $4,875.00 | $4,875.00 | PAID | 05/18/2026 | ||
| Advance payback split: House $4,875.00 | $4,875.00 | PAID | 05/14/2026 | ||
| Advance payback split: House $4,875.00 | $4,875.00 | PAID | 05/10/2026 | ||
| Advance payback split: House $4,875.00 | $4,875.00 | PAID | 05/06/2026 | ||
| Advance payback split: House $4,875.00 | $4,875.00 | PAID | 05/02/2026 | ||
| Advance payback split: House $4,875.00 | $4,875.00 | PAID | 04/28/2026 |
Reconciliation · balanced
Collected $58,500.00 of $58,500.00 · outstanding $0.00
Documents
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Contracts
Nothing sent for signature yet.
Communications
No emails on this deal yet. Replies in a thread already here attach on their own; use Link an email for a stray.
Contacts
- Sam Nguyen · Owner · owner@riversideauto.example · 100% · guarantor · primary
Audit trail
No activity.