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  1. #1
    Senior Member Reputation points: 5009 @jeannette's Avatar
    Join Date
    Dec 2012
    Location
    Buford, GA
    Posts
    271

    Tougher Factoring Deals - Progress Billed Construction

    I know a lot of people on this forum already work with Seacoast and I do not want to disrupt that, loyalty means a lot. I can assist you with your tougher deals like progress billed construction, or deals in the PPE space. AmeriFactors can also work with clients that have existing tax liens as long as they are in a payment plan. We can work with single debtors/high concentration.
    Feel free to reach out to me if you have a deal that does not fit the traditional box.
    Non-Recourse Factoring
    Domestic and Canada
    Facility Size 50K to $10Million
    Advance Rate: Up to 95% against Accounts Receivable
    Closing in as few as 2-5 days
    Start-ups
    Highly Leveraged
    Negative Net Worth
    High Customer Concentration
    Debtor in Possession
    Tax Issues in Payment Plans

    All the best,
    Jeannette Nearing | Business Development Officer| AmeriFactors
    | M (770) 362-2307
    jnearing@amerifactors.com |

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

  2. #2
    Senior Member Reputation points: 196384
    Join Date
    Jan 2014
    Posts
    1,272

    what are your rates with construction factoring deals? 30/60/90

  3. #3
    Senior Member Reputation points: 5009 @jeannette's Avatar
    Join Date
    Dec 2012
    Location
    Buford, GA
    Posts
    271

    That depends on volume and debtor credit. I have a couple of offers right now and they range 1.4/1.9/2.4 - 1.75/2.25.2.75-2/2.5/3 these are all represented in 30/45/60
    Jeannette Nearing | Business Development Officer| AmeriFactors
    | M (770) 362-2307
    jnearing@amerifactors.com |

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

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