| Schedule of Factor Loan Payable Activity |
Factor
loan payable activity
| |
|
Three Months Ended June 30, |
|
|
Six Months Ended June 30, |
|
| |
|
2019 |
|
|
2018 |
|
|
2019 |
|
|
2018 |
|
| Factor loan payable beginning balance |
|
$ |
1,206,069 |
|
|
$ |
1,484,821 |
|
|
$ |
1,304,512 |
|
|
$ |
1,078,941 |
|
| Advances received |
|
|
916,050 |
|
|
|
1,425,499 |
|
|
|
1,809,884 |
|
|
|
2,988,874 |
|
| Advances repaid |
|
|
(1,036,589 |
) |
|
|
(1,770,339 |
) |
|
|
(2,028,866 |
) |
|
|
(2,927,834 |
) |
| Ending balance - Factor loan payable |
|
$ |
1,085,530 |
|
|
$ |
1,139,981 |
|
|
$ |
1,085,530 |
|
|
$ |
1,139,981 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Factor interest and fees paid |
|
$ |
86,275 |
|
|
$ |
134,637 |
|
|
$ |
168,538 |
|
|
$ |
215,831 |
|
|