Results 1 to 7 of 7
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07-18-2017, 09:46 AM #1
- Join Date
- Feb 2017
- Posts
- 4
Inventory As Collateral
Hi,
I have a merchant who needs to purchase new equipment for his operation overseas. He is one of a small number of miners of a specific precious stone. The merchant would like to put up inventory to secure the financing for the equipment.
Are there any funders/ lenders that use inventory as collateral when it come to securing a loan/ advance?
Any input would be greatly appreciated.
Thank you,
Steven Feld
steven@whizfunds.com
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07-18-2017, 09:51 AM #2
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07-18-2017, 10:01 AM #3
- Join Date
- Feb 2017
- Posts
- 3,463
Is the inventory or the machinery even in the USA?
How's the guy's credit?
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07-18-2017, 10:12 AM #4
- Join Date
- Oct 2016
- Posts
- 4,318
The precious stones are the inventory, aren't they?
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07-18-2017, 10:16 AM #5
how precious could they really be if the guy needs money
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07-18-2017, 10:29 AM #6
- Join Date
- Oct 2016
- Posts
- 4,318
Dear Sir,
My name is John Nkewuswkwuwu and I am writing you today from Nigeria to present you with at great investment. I am one of only a few miners of precious Nile grade AAA diamonds in the world, and to help expand my operations I need purchase equipment at the cost of $25,000 US. If you cover the costs I am willing to pay a premium on your investment. Please reach me at Nigerian.diamond.hustler@gmail.com
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07-20-2017, 10:31 AM #7
- Join Date
- Feb 2017
- Posts
- 31
Mr. Nkewuswkwuwu I'm here to help!
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