Funding Details

ID: 205698

Funder Information
Funder Name
VELOCITY CAPITAL GROUP
Date Funded
2025-03-28
Amount Funded
$261,085.00
Financing Type
Cash Advance
Renewal
No
Created At
2026-01-30 21:49:08
Modified At
2026-01-30 21:49:08
Occurrence Count
1 times
Analytics Sources
297864
Account Information
Account Name
Discover Casting Inc
Account ID
001Nt00000U5Fq1IAF
Industry
Manufacturing
Location
Tamiment, PA
Payment Details
Term (Days)
153
Payment Frequency
Weekly
Daily Payment
$2,389.00
Actual Payment
$2,389.00 (Weekly)
First Payment
2025-04-04
Last Payment
2025-05-30
Transaction Count
9
Transaction Amount
$-107,505.00
First Bank Statement
2025-03-01
Last Bank Statement
2025-05-31
Analysis
Factor Rate
N/A
Payoff Status
N/A
Expected Payoff
N/A
Full Visibility
N/A
Payment Variance
N/A
Note: Restructure status is based on withdrawals, not payment variance
Transactions (10)
# Date Amount Description Analytics Sources Occurrences Match Reason
1 2025-03-28 $261,085.00 WT Fed#01599 Valley National Ba /Org=Velocity Capital Group LLC Srf# 8540298 Trn#250328156203 Rfb# 297864 1 funding_deposit
2 2025-04-04 $-11,945.00 < Business to Business ACH Debit - Vcg ACH Collec 16056462 Vc2086198-Discover Casting, Inc. 297864 1 direct_match
3 2025-04-11 $-11,945.00 < Business to Business ACH Debit - Vcg ACH Collec 16083304 Vc2086198-Discover Casting, Inc. 297864 1 direct_match
4 2025-04-18 $-11,945.00 < Business to Business ACH Debit - Vcg ACH Collec 16123312 Vc2086198-Discover Casting, Inc. 297864 1 direct_match
5 2025-04-25 $-11,945.00 < Business to Business ACH Debit - Vcg ACH Collec 16157430 Vc2086198-Discover Casting, Inc. 297864 1 direct_match
6 2025-05-02 $-11,945.00 < Business to Business ACH Debit - Vcg ACH Collec 16195201 Vc2086198-Discover Casting, Inc. 297864 1 direct_match
7 2025-05-09 $-11,945.00 < Business to Business ACH Debit - Vcg ACH Collec 16233235 Vc2086198-Discover Casting, Inc. 297864 1 direct_match
8 2025-05-16 $-11,945.00 < Business to Business ACH Debit - Vcg ACH Collec 16272988 Vc2086198-Discover Casting, Inc. 297864 1 direct_match
9 2025-05-23 $-11,945.00 < Business to Business ACH Debit - Vcg ACH Collec 16310475 Vc2086198-Discover Casting, Inc. 297864 1 direct_match
10 2025-05-30 $-11,945.00 < Business to Business ACH Debit - Vcg ACH Collec 16348946 Vc2086198-Discover Casting, Inc. 297864 1 direct_match
Total $-107,505.00 10 transactions