Expanding into US market- 250k needed
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  1. #1
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    Expanding into US market- 250k needed

    Business has no sales in US, but does overseas, been operating for 3 years so not a startup. Hes a us citizen, 100% owner, 700+ credit, Needs 250K for to fulfill orders of machines he imports from overseas which goto directly the customer whos buying them. Will payback at 90 days.

    Any ideas for lenders or investors?

  2. #2
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    Quote Originally Posted by rhum2016 View Post
    Business has no sales in US, but does overseas, been operating for 3 years so not a startup. Hes a us citizen, 100% owner, 700+ credit, Needs 250K for to fulfill orders of machines he imports from overseas which goto directly the customer whos buying them. Will payback at 90 days.

    Any ideas for lenders or investors?
    If it is a US Company selling to foreign customers you may want to try the following:
    -Summar Financial
    -Bibby
    -ExWorks

    KH
    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

  3. #3
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    Quote Originally Posted by kevinhenry0527 View Post
    If it is a US Company selling to foreign customers you may want to try the following:
    -Summar Financial
    -Bibby
    -ExWorks

    KH
    Hi Kevin, thanks!! Its definitely a US entity but selling the machines to US based customers now to operate in the us whereas it was everywhere else before.

  4. #4
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    Quote Originally Posted by rhum2016 View Post
    Hi Kevin, thanks!! Its definitely a US entity but selling the machines to US based customers now to operate in the us whereas it was everywhere else before.
    We might have an interest if they are selling machines to US customers.
    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

  5. #5
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    Quote Originally Posted by kevinhenry0527 View Post
    We might have an interest if they are selling machines to US customers.
    Yes definitely to customers here. He actually is near you in Boca. They import everything, customers pay a fee then he collects a profit on that and other ongoing inventory and supplies at a 20% markup.

  6. #6
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    Quote Originally Posted by rhum2016 View Post
    Yes definitely to customers here. He actually is near you in Boca. They import everything, customers pay a fee then he collects a profit on that and other ongoing inventory and supplies at a 20% markup.
    Happy to take a look to see if we can help. 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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