I have a merchant that did around $3 mill in 2019. Month to date for April is over $8 mill. They are selling on Amazon and projected sales for 2020 is going to be around $58 mill.

They need some funds to help with cash flow because Amazon holds a large amount of their funds for about 2 weeks.

I tried to get this done, the main problem is that they have a loan with Amazon for $1 mill and they are in the first position.

The merchant does not want to pay Amazon off so someone would have to be willing to take a second position.

Financials are strong.

They would be looking for a conventional loan, SR Debt preferably.

Let me know if anyone is interested or knows of anyone.

Thanks.