Riverside Auto· DEMO-1004fundedin the clear
Deal
Change stage:
- Merchant
- Riverside Auto 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
- 2
- Funded at
- 06/18/2026
Businesses on this deal
- Riverside Autoprimary
Bank data & cash flow
- Monthly revenue
- $21,600
- Avg daily balance
- $3,024
- NSFs
- 0
- Negative days
- 0
- Probable positions
- 0
- Deposits
- 42
- Months covered
- 4
Source: PLAID · as of 2026-08-05 — feeds the decision engine automatically.
Credit
— · DataMerch · pulled 2026-06-12Connect a credit bureau (Experian) in Settings → Integrations to pull in-platform.Stackingno DataMerch record · checked 2026-06-12Connect DataMerch in Integrations for stacking checks.
Submissions to outside funders
Summit Fundingsubmitted 06/08/2026
factor 1.3 · $45,000.00 → $58,500.00 · 150daccepted
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 LicenseoptionalUnder 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
split: House $4,875.00 | $4,875.00 | 07/25/2026 | |||
split: House $4,875.00 | $4,875.00 | 07/21/2026 | |||
split: House $4,875.00 | $4,875.00 | 07/17/2026 | |||
split: House $4,875.00 | $4,875.00 | 07/13/2026 | |||
split: House $4,875.00 | $4,875.00 | 07/09/2026 | |||
split: House $4,875.00 | $4,875.00 | 07/05/2026 | |||
split: House $4,875.00 | $4,875.00 | 07/01/2026 | |||
split: House $4,875.00 | $4,875.00 | 06/27/2026 | |||
split: House $4,875.00 | $4,875.00 | 06/23/2026 | |||
split: House $4,875.00 | $4,875.00 | 06/19/2026 | |||
split: House $4,875.00 | $4,875.00 | 06/15/2026 | |||
split: House $4,875.00 | $4,875.00 | 06/11/2026 |
Reconciliation · balanced
Collected $58,500.00 of $58,500.00 · outstanding $0.00
Documents
- signed-agreement.pdf · Contract · 2026-08-05
- voided-check.pdf · Voided Check · 2026-08-05
- bank-statements-q2.pdf · Bank Statements · 2026-08-05
No active templates. Create one under Settings → Document templates.
Contacts
- Sam Nguyen · Owner · owner@riversideauto.example · 100% · guarantor · primary
Audit trail
No activity.