[Sachip24]

I have client in marketing/advertising that has few million dollars worth of contracts signed for upcoming marketing campaigns. Is there any lender that can financing contracts like lend against amount of contract if its from well known credible companies (wall mart, pepsi co, etc etc)

[abfunders]

Doing this now with a client with contracts from the MTA. I'm sending you an email.

[Mynameisbob]

I have client in marketing/advertising that has few million dollars worth of contracts signed for upcoming marketing campaigns. Is there any lender that can financing contracts like lend against amount of contract if its from well known credible companies (wall mart, pepsi co, etc etc)

Amerifactors is good for this. Rob Brownell is the guy to go to. He's on this board every no and then

[Kevin Henry-Seacoast]

Amerifactors is good for this. Rob Brownell is the guy to go to. He's on this board every no and then

Amerifactors offer contract financing for service companies???

[abfunders]

Amerifactors offer contract financing for service companies???

Amerifactors will not do contract financing. They are a factor.

[Kevin Henry-Seacoast]

Amerifactors will not do contract financing. They are a factor.

I know! Hence the many question marks.

[Mynameisbob]

I know! Hence the many question marks.

They will set up the facility. Once the company starts billing on those contracts, they will start funding them. I've done many deals with them before like this for service companies.

[abfunders]

They will set up the facility. Once the company starts billing on those contracts, they will start funding them. I've done many deals with them before like this for service companies.

Any factor will "set up the facility." The question is getting them working capital just based on the contract, before they've done work.

[Kevin Henry-Seacoast]

They will set up the facility. Once the company starts billing on those contracts, they will start funding them. I've done many deals with them before like this for service companies.

We will do this.....

[Davincinc]

I have client in marketing/advertising that has few million dollars worth of contracts signed for upcoming marketing campaigns. Is there any lender that can financing contracts like lend against amount of contract if its from well known credible companies (wall mart, pepsi co, etc etc)

fundmycontract.com

[Mynameisbob]

Any factor will "set up the facility." The question is getting them working capital just based on the contract, before they've done work.

OK great well that is my suggestion. In my experience it's been very hard to actually find a lender that will fund on the face value of a contract without some type of work being performed or billed first.

[Mynameisbob]

We will do this.....

Sorry I didn't promote you Kevin... Just offering a fellow broker my experience and advice... Didn't mean to offend you... lol

[Sachip24]

They will set up the facility. Once the company starts billing on those contracts, they will start funding them. I've done many deals with them before like this for service companies.

right thats invoice factoring not what I am looking for. He is looking to finance his contracts he has signed currently from very credit worthy companies