$40K to cover the off-season without cutting a single staff member
An event venue's off-season booking gap didn't pause its fixed overhead. Here's how a $40,000 advance, funded in 4 days, covered payroll and costs without staff layoffs before spring bookings returned.
1. The Situation
An off-season booking gap (typically January–February) with fixed overhead continuing regardless of event volume.
Payroll and fixed costs needed to be covered through the low-booking months without laying off staff who'd be needed again for the spring wedding/event season ramp-up.
2. The Funding
Outcome99 structured a $40,000 merchant cash advance at a 1.37 factor rate over a 6-month term, repaid via daily remittance (~$435/day) against total repayment of $54,800.
3. The Result
The advance funded in 4 days, covering payroll and fixed costs through the gap without staff layoffs.
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