WorkDay Media seeking working capital
Marketlend, a marketplace lender, have a listing for a $100,000 working capital line from the publisher of Banking Day.
Read it here.The Marketlend listing states: "As of November 2015, company credit searches have revealed no payment defaults, no court writs, no court actions, and no petitions."Based on the company's credit information, CreditWorks estimates the probability of an adverse event is 3.42 per cent, and the estimated probability of failure is 0.97 per cent. Directors have provided guarantees and indemnities."Marketlend projects bids in a range from 18 per cent to 22 per cent, the latter three times the recent Ratesetter rate on an existing, lesser facility.Anyway, please consider helping out.Read the WorkDay Media listing at Marketlend here.