Funding Details

ID: 1801

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Funder Information
Funder Name
MERIT BUSINESS
Date Funded
2025-04-09
Amount Funded
$196,000.00
Financing Type
Cash Advance
Renewal
No
Created At
2026-01-28 20:55:01
Modified At
2026-01-30 13:28:46
Occurrence Count
3 times
Analytics Sources
238687
Account Information
Account Name
Arc Inspection Services LLC
Account ID
0010z00001Uo7rOAAR
Industry
Welding
Location
Krum, TX
Payment Details
Term (Days)
274
Payment Frequency
Weekly
Daily Payment
$1,000.00
Actual Payment
$1,000.00 (Weekly)
First Payment
2025-04-15
Last Payment
2025-04-29
Transaction Count
3
Transaction Amount
$-15,000.00
First Bank Statement
2025-02-01
Last Bank Statement
2025-04-30
Analysis
Factor Rate
0.0765
Payoff Status
active
Expected Payoff
2026-04-28
Full Visibility
partial
Payment Variance
Consistent payments
Note: Restructure status is based on withdrawals, not payment variance
Transactions (4)
# Date Amount Description Analytics Sources Occurrences Match Reason
1 2025-04-09 $196,000.00 Orig CO Name:Merit Business Orig ID:1352685156 Desc Date: CO Entry Descr:Funding Sec:CCD Trace#:031918823329698 Eed:250409 Ind ID: Ind Name:Arc Inspection Service Trn: 0993329698Tc 238687 3 funding_deposit
2 2025-04-15 $-5,000.00 Orig CO Name:Merit Business Orig ID:9352685156 Desc Date: CO Entry Descr:8663279199Sec:CCD Trace#:091408590256646 Eed:250415 Ind ID:125638309 Ind Name:Arc Inspection Service Trn: 1050256646Tc 238687 3 direct_match
3 2025-04-22 $-5,000.00 Orig CO Name:Merit Business Orig ID:9352685156 Desc Date: CO Entry Descr:8663279199Sec:CCD Trace#:091408595269355 Eed:250422 Ind ID:125917239 Ind Name:Arc Inspection Service Trn: 1125269355Tc 238687 3 direct_match
4 2025-04-29 $-5,000.00 Orig CO Name:Merit Business Orig ID:9352685156 Desc Date: CO Entry Descr:8663279199Sec:CCD Trace#:091408591924445 Eed:250429 Ind ID:126173152 Ind Name:Arc Inspection Service Trn: 1191924445Tc 238687 3 direct_match
Total $-15,000.00 4 transactions