Manufacturing Company looking for $60-100k
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  1. #1
    Senior Member Reputation points: 10476
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    Quote Originally Posted by GetCapitalNow View Post
    Hello,
    I have a merchant manufacturing electric bikes. Avg Rev around $45-50k with high daily balances over 20k. They are looking for 50-100k.
    Has a credit line with Revenued and Kabbage. The business start date is under 2 years

    I know 100k might be a stretch. Want to see if anyone would look into this?
    From what you are saying is there and strong credit i should be able to give a good offer with a good rate.

    Scott Platto
    scott@tmrnow.com
    tmrnow.com
    212-220-9872

  2. #2
    Senior Member Reputation points: 13183
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    Quote Originally Posted by closer129 View Post
    From what you are saying is there and strong credit i should be able to give a good offer with a good rate.

    Scott Platto
    scott@tmrnow.com
    tmrnow.com
    212-220-9872
    What factor rate does your company typically offer?

  3. #3
    Senior Member Reputation points: 10476
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    Quote Originally Posted by goldenhippo80 View Post
    What factor rate does your company typically offer?
    It all depends on each file since we fund all types of paper and depends on the risk. Buy rates can be as low as 1.10 for 3 months up to 1.39 and anywhere in between.

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