Air Purifier Company looking for $1-$2 mill
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  1. #1
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    Air Purifier Company looking for $1-$2 mill

    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.
    I put my contact info in here, and
    was bombarded with spam from funders
    if you need to reach me PM me

  2. #2
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    That high of an amount would have to take the first position on the inventory as well, and Amazon already has it. Unless there's real estate. Or a conventional SR debt sounds doable if they are willing to pay off Amazon.

  3. #3
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    Quote Originally Posted by skideeppow View Post
    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.
    Just e-mailed you with an idea.
    Hedley Lamarr......That's Hedley

  4. #4
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    Quote Originally Posted by Kevin Henry-Seacoast View Post
    Just e-mailed you with an idea.
    got it thanks
    I put my contact info in here, and
    was bombarded with spam from funders
    if you need to reach me PM me

  5. #5
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    Quote Originally Posted by abfunders View Post
    That high of an amount would have to take the first position on the inventory as well, and Amazon already has it. Unless there's real estate. Or a conventional SR debt sounds doable if they are willing to pay off Amazon.
    i mentioned in the post they dont want to pay off Amazon
    I put my contact info in here, and
    was bombarded with spam from funders
    if you need to reach me PM me

  6. #6
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    Quote Originally Posted by skideeppow View Post
    i mentioned in the post they dont want to pay off Amazon
    True, but you also said they'd be interested in SR debt.... that would require paying off Amazon by definition.

  7. #7
    Chrome Capital can do a private equity deal.

    Quote Originally Posted by skideeppow View Post
    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.

  8. #8
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    Quote Originally Posted by TeamFund View Post
    Chrome Capital can do a private equity deal.
    Care to elaborate?
    I put my contact info in here, and
    was bombarded with spam from funders
    if you need to reach me PM me

  9. #9
    Senior Member Reputation points: 5016 @jeannette's Avatar
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    I may have someone for you if you would like to give me a call about the deal I can introduce you. 770-362-2307
    Jeannette Nearing | Business Development Officer| AmeriFactors
    | M (770) 362-2307
    jnearing@amerifactors.com |

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

  10. #10
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    were you able to get some traction on this one?

  11. #11
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    Quote Originally Posted by skideeppow View Post
    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.
    I am a broker. My boy would do 2mill 8-10 months 1.29 br here.

    PM me if you're serious I'll make the intro.

  12. #12
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    Quote Originally Posted by Zonefund View Post
    I am a broker. My boy would do 2mill 8-10 months 1.29 br here.

    PM me if you're serious I'll make the intro.
    My boy would do 2mill 8-10 months 1.29 br here. ?

    Why would this company even consider a MCA?

    Just curious, what is the estimated payment for an MCA @1.29 - $2,000,000.00 ?
    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

  13. #13
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    Quote Originally Posted by Yankeeman07 View Post
    My boy would do 2mill 8-10 months 1.29 br here. ?

    Why would this company even consider a MCA?

    Just curious, what is the estimated payment for an MCA @1.29 - $2,000,000.00 ?
    about 15K per day after 200K in fees

  14. #14
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    Quote Originally Posted by fin4all View Post
    about 15K per day after 200K in fees
    That is a huge payment - Thanks for the info.
    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

  15. #15
    This company will do no problem link to application right here

    https://davidallencapital.com/?refco...433476#capital

  16. #16
    Quote Originally Posted by skideeppow View Post
    Care to elaborate?
    Email admin@chromecapitalfunding. Will connect you directly with an investor.

  17. #17

  18. #18
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    Quote Originally Posted by TeamFund View Post
    Email admin@chromecapitalfunding. Will connect you directly with an investor.
    email sent
    I put my contact info in here, and
    was bombarded with spam from funders
    if you need to reach me PM me

  19. #19
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    Quote Originally Posted by Zonefund View Post
    I am a broker. My boy would do 2mill 8-10 months 1.29 br here.

    PM me if you're serious I'll make the intro.
    This says everything you need to know about the industry.

    7 figure financing? Call "his boy".

    **** off amateur.

  20. #20
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    Quote Originally Posted by TeamFund View Post
    Email admin@chromecapitalfunding. Will connect you directly with an investor.
    email sent
    I put my contact info in here, and
    was bombarded with spam from funders
    if you need to reach me PM me

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