Funding Details
ID: 6689
Funder Information
- Funder Name
- ONDECK CAPITAL
- Date Funded
- 2024-11-15
- Amount Funded
- $126,750.00
- Financing Type
- Cash Advance
- Renewal
-
Yes - Renewal
Renewal detected: New funding on 2024-11-15 occurred 30 days after previous funding's last payment on 2024-10-16 - Created At
- 2026-01-28 21:50:41
- Modified At
- 2026-01-30 16:19:04
- Occurrence Count
- 3 times
- Analytics Sources
- 177856
Account Information
- Account Name
- Madstad Engineering Inc.
- Account ID
001Nt000009UtwRIAS- Industry
- Manufacturing
- Location
- Brooksville, FL
Payment Details
- Term (Days)
- 253
- Payment Frequency
- Weekly
- Daily Payment
- $700.40
- Actual Payment
- $700.40 (Weekly)
- First Payment
- 2024-11-22
- Last Payment
- 2024-11-29
- Transaction Count
- 2
- Transaction Amount
- $-7,004.00
- First Bank Statement
- 2024-09-01
- Last Bank Statement
- 2025-01-28
Analysis
- Factor Rate
- 0.0553
- Payoff Status
- defaulted
- Expected Payoff
- 2025-11-05
- Full Visibility
- partial
- Payment Variance
-
Consistent payments
Note: Restructure status is based on withdrawals, not payment variance
Transactions (3)
| # | Date | Amount | Description | Analytics Sources | Occurrences | Match Reason |
|---|---|---|---|---|---|---|
| 1 | 2024-11-15 | $126,750.00 | Ondeck Capital 2 29823 241115 xxxxx3530 Madstad Engineering IN | 177856 | 3 | funding_deposit |
| 2 | 2024-11-22 | $-3,502.00 | Payment to ONDECK CAPITAL | 177856 | 3 | direct_match |
| 3 | 2024-11-29 | $-3,502.00 | Payment to ONDECK CAPITAL | 177856 | 3 | direct_match |
| Total | $-7,004.00 | 3 transactions | ||||