[Keysade]

Hello. I have a client who is looking for AR financing but the company he is contracted with is based in South Korea. Looking to see if I can team up with a direct lender to help out the client. Thanks

[Kevin Henry-Seacoast]

Hello. I have a client who is looking for AR financing but the company he is contracted with is based in South Korea. Looking to see if I can team up with a direct lender to help out the client. Thanks

Keysade,

Some AR financing companies will consider financing customers based in foreign countries so long as the receivables are credit insured. Does the prospect have credit insurance on the Korean debtor? Also-Does the prospect have other customers within the US? Heavy foreign concentration can be challenging to finance.

[mross@LENDBUG]

Hello. I have a client who is looking for AR financing but the company he is contracted with is based in South Korea. Looking to see if I can team up with a direct lender to help out the client. Thanks

This is something we may be able to do. Depends how large the companies are and how many times they have done business. if all the companies that we’re talking about are small, it is very hard to do. If all the associated companies are large, it should be easy to do. Get in touch.

- 5k minimum funding
- 6 month Min.time in business
- B, C, D paper
- Offers not based on credit score - low credit ok
- Response time (realistically) as low as 60 minutes
- 1st - 5th position - Up to 38% withhold of net deposits
- As low as 1.32 buy rates
- Terms up to 140 days (weekly's upon approval)
- Max Upsell to 15 points
- Early Payoff Discounts
- 15k a month average revenue
- Minimum of 5 deposits per month
- Minimal stips for contract (VC & ID)
- Docusign Contracts

- We also offer asset/inventory/accounts receivable backed term loans/lines of credit. Not MCA based. Bankable rates.



Michael Ross
Lendbug
New York, NY
Mross@lendbug.com
646-360-0411