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  1. #1
    Senior Member Reputation points: 16709
    Join Date
    Jul 2014
    Location
    Jackson Hole Wy
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    717

    Cosmetic distributor

    Have a cosmetic distributor with POs from some large online retailers. Most recent 2 months out of 4 over 140k in deposits each month.
    Need 50k to fulfill some POs.
    Orders turn in 4 weeks with payment.
    Dont think PO financing will work on this. Low fico so loanme capped at 14k. I would do it myself but have more money out and not ready until September.

    Anyone interested?
    message me

  2. #2
    Hi,
    Where is this business located?

  3. #3
    Banned Reputation points: 4530
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    Mar 2014
    Location
    Ann Arbor, Michigan
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    1,289

    Cosmetic distributor

    This sounds perfect for the Delancey Hybrid, a combination of a short term unsecured loan that's is paid by traditional factoring.
    We should talk, Bob

  4. #4
    Senior Member Reputation points: 68233
    Join Date
    Dec 2014
    Location
    Quogue, NY
    Posts
    1,108

    Bob,

    Have to say I love the name.. hahaha

  5. #5
    Banned Reputation points: 4530
    Join Date
    Mar 2014
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    Ann Arbor, Michigan
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    Cosmetic distributor

    ?
    Bob

  6. #6
    Senior Member Reputation points: 337045
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    Mar 2015
    Location
    Rock Ridge
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    3,453

    Quote Originally Posted by omegafund View Post
    Have a cosmetic distributor with POs from some large online retailers. Most recent 2 months out of 4 over 140k in deposits each month.
    Need 50k to fulfill some POs.
    Orders turn in 4 weeks with payment.
    Dont think PO financing will work on this. Low fico so loanme capped at 14k. I would do it myself but have more money out and not ready until September.

    Anyone interested?
    message me
    How much AR is currently outstanding and do they have some inventory?
    Hedley Lamarr......That's Hedley

  7. #7
    Senior Member Reputation points: 54975
    Join Date
    Dec 2013
    Posts
    4,713

    Cresthill Capital -- get your offer in hours and with fewest stips to fund and majority of our deals do NOT require a COJ!!!!!!

    we now have 2 adjusters Lindsey and Catrina whose job is to work with our ISO's once an offer is made to make sure it meets your clients needs.
    Last edited by mcaguru; 07-29-2016 at 11:36 AM.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

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