Online Company
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  1. #1
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    Online Company

    Hi,

    I have a Online Sales Company (selling on amazon and Ebay) healthy business 2 million per month in rcvables, solid company.

    Looking for 1M
    Please private message.

  2. #2
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    This client no doubt has an Amazon loan already, which is far better than an SBA, as their only collateral is going to be their inventory. It's sufficiently cheap and sufficiently manageable and it's sufficiently revolving (replaced itself) that they wouldn't want to replace it.

    Beware for this deal being more complicated.
    $1mm is a nice goal, but unless there's other forms of collateral, the client may not be really looking for $1mm at MCA rates. (Even if the client can make money from it!)

  3. #3
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    Celtic could be a good option.

  4. #4
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    Quote Originally Posted by Alexbybu View Post
    Hi,

    I have a Online Sales Company (selling on amazon and Ebay) healthy business 2 million per month in rcvables, solid company.

    Looking for 1M
    Please private message.
    What kind of products does the online company sell?
    Isaac N Mizrahi
    ISO Relations Manager | SPG Advance, LLC
    Office: 212-225-8279
    Mobile: 323-617-1397
    Email: Isaac@SPGAdvance.com
    www.SPGAdvance.com

  5. #5
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    Quote Originally Posted by Alexbybu View Post
    Hi,

    I have a Online Sales Company (selling on amazon and Ebay) healthy business 2 million per month in rcvables, solid company.

    Looking for 1M
    Please private message.
    whats the name of your company?

  6. #6
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    Cresthill now funds up to 1M .....2 days from submission to final funding NO credit committees. Great renewal-lock-policy!
    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

  7. #7
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    Quote Originally Posted by mcaguru View Post
    Cresthill now funds up to 1M .....2 days from submission to final funding NO credit committees. Great renewal-lock-policy!
    That's a hell of a boast from a broker.

  8. #8
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by mcaguru View Post
    Cresthill now funds up to 1M .....2 days from submission to final funding NO credit committees. Great renewal-lock-policy!
    Doubt this merchant is going to want $1 million at 60-90 days Marcus

  9. #9
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    They also sell to 50+ retailers and have a solid private label company with commuted PO痴 from amazon.

  10. #10
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    nsf drop

  11. #11
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    I thought celitic max is $150k

  12. #12
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    Quote Originally Posted by sigmundpannu View Post
    I thought celitic max is $150k
    That’s only express term loan program. Their ABL program goes up to $5M.

  13. #13
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    [QUOTE=Alexbybu;106011]Hi,

    I have a Online Sales Company (selling on amazon and Ebay) healthy business 2 million per month in rcvables, solid company.

    Looking for 1M
    Please private message.[/QUOTE
    Alexbybu,

    We may be able to provide a line in excess of the $1Mil ask. We offer factoring and asset based lines of credit. 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

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