Summit Fitness Studiosdba Summit Fitness· DEMO-1005Funded
Deal
- Merchant
- Summit Fitness Studios Google
- Product
- MCA
- Funder
- Cardinal Advance
- ISO
- Pinnacle Group
- Factor / Buy
- 1.29 / 1.23
- Funded / Payback
- $64,000.00 / $82,560.00
- Net to merchant
- $64,000.00Funded $64,000.00 − bank fee $0.00.
- True cost
- $73,280.00 incl. ISO commission $9,280.00Cash out the door to put the deal on: funded $64,000.00 − bank fee $0.00 + commission $9,280.00.
- Cost recovery
- $58,710.56 to goCollected $14,569.44 of cost $73,280.00.
- Merchant fees
- —
- Schedule
- $2,428.24/payment · 34 payments · first 09/22/2026 · payoff 05/11/2027
- Underwriter
- —
- Term (business days)
- 168
- Position
- 1
- Funded at
- 09/21/2026
- Funded via
- not set — set it in Edit deal
- Sending cost
- —
Contract details
See every field this deal fillsSigners, in signing order
The first signs, then the next gets the email. Each signer also signs the personal guaranty. The merchant's signers must own more than 50% between them.
- Taylor Reed for Summit Fitness Studios
Early delivery schedule
Paid within the window (calendar days after funding), the merchant owes the amount instead of the rest of the purchased amount. Leave empty and the contract has no early delivery page.
No early delivery schedule.
Bank data & cash flow
- Monthly revenue
- $27,429
- Avg daily balance
- $3,840
- NSFs
- 1
- Negative days
- 0
- Probable positions
- 0
- Deposits
- 43
- Months covered
- 4
Source: Plaid · as of 11/02/2026 — feeds the decision engine automatically.
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
732 · Experian · pulled 09/08/2026NY court judgments
Not checked.Submissions to outside funders
Commission
- ISO
- Pinnacle Group
- Offer
- Standard origination (14.5% of funded)
- Gross
- $9,280.00
- Commission Rep
- —
- ISO net
- $9,280.00
Stipulations
Stips are locked — the deal is funded.
- Bank StatementsMandatoryCompleted
- A/R Aging ReportMandatoryCompleted
- Driver LicenseOptionalCompleted
Participation
- Cobalt Partners · $25,600.00 · 40%
- Allocated to syndicators
- $25,600.00
- Of $64,000.00 funded.
- House share
- $38,400.00
- Funded amount minus what syndicators hold.
Economics — bank fee & profit split
- ISO commission
- $9,280.00
- The cash the house pays to put the deal on. Cost of deal at the top is funded − bank fee + this. Rules are configurable under Settings → Capital & fees.
- Total profit
- $9,280.00
- Payback minus funded amount and ISO commission. The rows below add up to it with the bank fee counted once: a cost-first partner’s bank fee is already inside their Profit (marked “in profit”); everyone else’s is the Bank fee beside it. Settings → Capital & fees holds the rules.
| Participant | Funded | Bank feeThe share each participant keeps. A cost-first participant’s share is applied as a cost reduction; an as-collected share returns pro-rata with collections; otherwise it is credited at funding. | Mgmt fee | True costFunded share + fronted commission − bank-fee share (if entitled). The house row also nets the bank fee it keeps from participants outside the split, so the column totals to Cost of deal. | Profit | ReturnedEach participant’s share of the $14,569.44 cleared so far: capital, commission recovered and profit, net of management fee. The bank-fee credit is taken at funding, so it is not in here. The column totals to what has been collected. |
|---|---|---|---|---|---|---|
| House | $38,400.00 | $0.00 | $0.00 | $47,680.00 | $5,568.00 | $9,396.72 |
| Cobalt Partners · syndicator · monthly P&L | $25,600.00 | $0.00 | $0.00 | $25,600.00 | $3,712.00 | $5,172.72 |
| Total | $64,000.00 | $0.00 | $0.00 | $73,280.00 | $9,280.00 | $14,569.44 |
Fees
Add-on fees are owed on top of the payback — they never change it.No fees added after funding.
- Payback
- $82,560.00
- Unpaid add-on fees
- $0.00
- Total owed
- $82,560.00
Payments
Download CSVStatement PDF6 cleared · 28 pending of 34 pulls · 1 overdue ($2,428.24) · next pull 11/10/2026 $2,428.24 · balance $67,990.56 · projected payoff 05/11/2027
Reconciliation · ledger ties out
Collected $14,569.44 of $82,560.00 · outstanding $67,990.56
- Cobalt Partners: share $5,827.78 − paid $4,310.60 = owe $1,517.18
Documents
- signed-agreement.pdf · Contract · 09/19/2026
- voided-check.pdf · Voided Check · 09/08/2026
- bank-statements-q2.pdf · Bank Statements · 09/08/2026
No active templates. Create one under Settings → Document templates.
Contracts (1)
- Package · Closing package — DEMO-1005 · CompletedMCA Agreement — Summit Fitness StudiosCompletedcompleted 09/19/2026 · by Alex Reyes · in orderTaylor · signedAlex · signed
Communications
No emails on this deal yet. Replies in a thread already here attach on their own; use Link an email for a stray.
Assigned staffStaff who work this deal, whatever its ISO. A staff user who sees only assigned records sees the deals they are on.
No staff assigned.
Contacts
- Taylor Reed · Owner · owner@summitfitness.example · 100% · guarantor · primary
Audit trail
No activity.