Sign Manufacturer w/low gross revenue needing a factor
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  1. #1

    Sign Manufacturer w/low gross revenue needing a factor

    Does anyone on here do or know of a "micro-factor"?

    Sign manufacturer with $8,000-$10,000/month in gross revenue is looking for a factor who will fund that low of an amount.

    I'm not looking to broker this or make a dime off of this, I'm just looking for someone/somewhere that I can refer her too. Business is out of Ohio, merchant has 600 FICO and is needing $5,000 against current AR of about $30,000.

    Any takers?

  2. #2
    Senior Member Reputation points: 12878
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    I believe bluevine needs any individual invoice to be > $1500 & obviously the invoice needs to be with another company

  3. #3
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    What is the Point? to Make 10 Bucks?

  4. #4
    To help a small business.

  5. #5
    Senior Member Reputation points: 5016 @jeannette's Avatar
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    Advantage Funding Corp will do your really small AR Factoring deals below 50K. You can reach Jason Farkas at
    Email
    jasonf@advantagefunding.com
    Jeannette Nearing | Business Development Officer| AmeriFactors
    | M (770) 362-2307
    jnearing@amerifactors.com |

    http://www.amerifactors.com
    https://www.linkedin.com/in/jeannettenearing

  6. #6
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    Quote Originally Posted by CFG View Post
    To help a small business.
    I used to be like you until I realized they're all full of crap. The merchants.

  7. #7
    I hear ya johndough, you're 100% right. I try not to waste more than 3-5 hours a week going a little above and beyond for some of the smaller guys that are in need.

  8. #8
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    Quote Originally Posted by CFG View Post
    I hear ya johndough, you're 100% right. I try not to waste more than 3-5 hours a week going a little above and beyond for some of the smaller guys that are in need.
    CFG,

    Way too small for us. I know a few smaller factors that do micro deals. Give me a shout and I will be happy to make introductions. kevin.henry@seacoastbf.com
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  9. #9
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    Quote Originally Posted by CFG View Post
    Does anyone on here do or know of a "micro-factor"?

    Sign manufacturer with $8,000-$10,000/month in gross revenue is looking for a factor who will fund that low of an amount.

    I'm not looking to broker this or make a dime off of this, I'm just looking for someone/somewhere that I can refer her too. Business is out of Ohio, merchant has 600 FICO and is needing $5,000 against current AR of about $30,000.

    Any takers?
    A possible solution small 25K SBA Loan based upon cash flow.
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

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