Results 1 to 4 of 4
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01-03-2023, 08:33 AM #1
- Join Date
- Oct 2012
- Posts
- 142
Question
I have a well established client in South Africa that has the exclusive rights of distributorship to the Hot Wheel auto detailing products to the Auto Zone stores in this country. The vendor is here in the United States, and the funds ($1M) would be used to purchased the inventory for these stores and additional marketing.
Full Pitch Deck is Available
Howie Dane
President
Funding Sources for Business
president@fundingsourcesforbusiness.co.
(847-831.4118Howie Dane
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01-03-2023, 02:40 PM #2
- Join Date
- Dec 2022
- Location
- NYC
- Posts
- 25
Send it over, let me see what I can do for you!
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01-04-2023, 12:43 PM #3
- Join Date
- May 2022
- Posts
- 98
We may be able to do something here. get in touch.
Lendbug Is Now Doing Asset Based Funding !!!
We have revamped our lending criteria for aggressive offers and maximum deal flow. We pride ourselves on being extremely creative and flexible.
Our Asset Based Lending Criteria:
- Non-primary residences only
- Commercial and investment properties only
- funding up to 50% LTV
- Up to 18 month terms
- Funding in as quickly as 5 days
- 10 point commission
Our MCA Criteria:
- As low as 2k micro 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.
ISO Agreement Link Bellow;
https://na4.docusign.net/Member/Powe...db752ace08&v=2
Michael Ross
Lendbug LLC
New York, NY
Mross@lendbug.com
646-360-0411
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01-09-2023, 12:23 PM #4
- Join Date
- Oct 2012
- Posts
- 142
First of all, are you a direct lender? Do you have experience in this type of financing outside of the United States. How would approach this transaction?
Howie Dane
President
Funding Sources for Business
president@fundingsourcesforbusiness.comHowie Dane
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