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Deals

Metro HVAC Services Incdba Metro HVAC· DEMO-1013defaultedin the clear

Deal

Funded
$90,000.00
Payback
$117,000.00
Collected
$107,250.00
Outstanding
$9,750.00
Paid in
92%
Merchant
Metro HVAC Services Inc Google
Product
MCA
Funder
North Peak Capital
ISO
Atlas Brokers
Factor / Buy
1.3 / 1.24
Funded / Payback
$90,000.00 / $117,000.00
Net to merchant
$90,000.00 = funded $90,000.00 − bank fee $0.00
True cost
$99,000.00 = funded $90,000.00 − bank fee $0.00 + commission $9,000.00
Cost recovery
✓ In the clear collected $107,250.00 ≥ cost $99,000.00 — everything from here is profit
Fees
-
Schedule
-
Underwriter
-
Term (days)
180
Position
-
Funded at
06/01/2026
Outstanding stips: proof of Driver License still needed — 1 mandatory item blocks contracts and funding.
This owner has other businesses in the system: Harborview Construction (matched on owner name; 1 deal)

Funding checklist

✋ items marked gate block the FUNDED transition (each gate is a company setting).

  • Commercial-financing disclosurenone delivered (native engine or third-party ingest)
  • Contracts signedno completed signature package
  • Mandatory stips completegate1 open: Driver License
  • Sanctions screeningnot screened (UNSCREENED rows don't count)
  • Merchant bank verifiedno bank link, vaulted account, or statements
  • ISO onboarded (Atlas Brokers)missing signed agreement, ID, voided check, W-9 — commission will be held (gate on)

Bank data & cash flow

No bank data yet — the underwriting score is running without cash-flow metrics.

Statement analysis

nothing received yet

The 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

North Peak CapitalFinal Reviewsubmitted 05/22/2026
factor 1.3 · $90,000.00$117,000.00 · 180d

Commission

ISO
Atlas Brokers
Offer
Standard origination (PERCENT_OF_FUNDED 10)
Gross
$9,000.00
ISO Rep
-
ISO net
$9,000.00

Stipulations

  • Bank StatementsmandatoryCompleted
  • A/R Aging ReportmandatoryCompleted
  • Driver LicensemandatoryUnder Review

Participation

Allocated $36,000.00 of $90,000.00 · House $54,000.00

Economics — bank fee & profit split

Cost of deal $9,000.00 · total profit $18,000.00. Rules are configurable in Settings → Capital & fees.

ParticipantFundedBank feeMgmt feeTrue costProfit
House$54,000.00$0.00$0.00$63,000.00$14,400.00
Sterling Investors · syndicator$36,000.00$0.00$0.00$36,000.00$3,600.00

Payments

Advance payback
split: House $6,450.00 · Sterling Investors $3,300.00
$9,750.00PAID06/11/2026
Advance payback$9,750.00BOUNCED
06/07/2026
Advance payback
split: House $6,450.00 · Sterling Investors $3,300.00
$9,750.00PAID06/03/2026
Participation payout$42,900.00Sterling InvestorsPAID06/02/2026
Advance payback
split: House $6,450.00 · Sterling Investors $3,300.00
$9,750.00PAID05/30/2026
Advance payback
split: House $6,450.00 · Sterling Investors $3,300.00
$9,750.00PAID05/26/2026
Advance payback
split: House $6,450.00 · Sterling Investors $3,300.00
$9,750.00PAID05/22/2026
Advance payback
split: House $6,450.00 · Sterling Investors $3,300.00
$9,750.00PAID05/18/2026
Advance payback
split: House $6,450.00 · Sterling Investors $3,300.00
$9,750.00PAID05/14/2026
Advance payback
split: House $6,450.00 · Sterling Investors $3,300.00
$9,750.00PAID05/10/2026
Advance payback
split: House $6,450.00 · Sterling Investors $3,300.00
$9,750.00PAID05/06/2026
Advance payback
split: House $6,450.00 · Sterling Investors $3,300.00
$9,750.00PAID05/02/2026
Advance payback
split: House $6,450.00 · Sterling Investors $3,300.00
$9,750.00PAID04/28/2026

Reconciliation · balanced

Collected $107,250.00 of $117,000.00 · outstanding $9,750.00

  • Sterling Investors: share $42,900.00 − paid $42,900.00 = owe $0.00

Documents

No active templates. Create one under Settings → Document templates.

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

  • Casey Patel · Owner · owner@metrohvac.example · 100% · guarantor · primary

Audit trail

No activity.

Danger zone