Jewelry Store with $200K in Inventory
Need a Funder or Vendor? START HERE

Results 1 to 9 of 9
  1. #1

    Jewelry Store with $200K in Inventory

    I have a client who is a Jewelry store owner with a Credit score of 640 and has $20K-$30K in revenue monthly. The challenge is a lot of the clientele pays in cash so it doesn't fully reflect. Is there an inventory lender that will use the Jewelry to give an offer?

  2. #2
    Senior Member Reputation points: 4567 NickHubbard's Avatar
    Join Date
    Jun 2015
    Location
    Saint Louis, Mo
    Posts
    333

    Nick Hubbard
    Senior Loan Advisor
    314-252-0299 - Office
    314-885-2262 - Direct
    nick@elitefactoring.com
    www.elitefactoring.com

  3. #3
    Senior Member Reputation points: 72961 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,252

    East Harbor does weird stuff
    Direct: 305-560-4125
    www.eastharborfinancial.com
    Steve Benjamin
    Professional Business Loans

    522 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  4. #4
    Senior Member Reputation points: 1755
    Join Date
    Oct 2022
    Posts
    280

    Unfortunately, his inventory would be exposed by the spot price of gold. I would imagine that this individual would need some accounting to actual report the cash. In addition, they would most likely need to restructure their ledgers.
    Elon Henek
    HCI - Glen Cove, NY
    Main: 1-516-676-1854
    Cell: 1-516-236-4086

  5. #5
    Senior Member Reputation points: 35668
    Join Date
    Aug 2018
    Posts
    730

    Quote Originally Posted by NickHubbard View Post
    Nick!!

    Everyone if you need factoring or equipment help, nick is the most experienced valuable honest source to co broker.

  6. #6
    Senior Member Reputation points: 4567 NickHubbard's Avatar
    Join Date
    Jun 2015
    Location
    Saint Louis, Mo
    Posts
    333

    Thanks for the kind words brother!
    Nick Hubbard
    Senior Loan Advisor
    314-252-0299 - Office
    314-885-2262 - Direct
    nick@elitefactoring.com
    www.elitefactoring.com

  7. #7
    Member Reputation points: 4372
    Join Date
    Aug 2023
    Location
    STATEN ISLAND, NY
    Posts
    14

    Hey 8FigureFunder,
    My name is Al Vega an ISO Rep at Arena Funding Source.
    We're interested in giving an offer here email us at info@arenafundingsource.com.
    We do reverse consolidations as well.
    Information Department
    Arena Funding Source LLC
    1457 Richmond Rd
    Staten Island, NY 10304
    Office: (786) 815-6763
    Email: info@arenafundingsource.com

  8. #8
    Contact me I'm interested, we're direct funders. 917-291-0586 or send the submission to Jay@pinnacleadvances.com

  9. #9
    Banned Reputation points: 10
    Join Date
    Sep 2023
    Location
    MIAMI
    Posts
    46

    I might be able to do something here, give me a call, 718 866 6556

Similar Threads

  1. Jewelry store owner ordered to prison for cash advance fraud
    By Mcadefender in forum Merchant Cash Advance
    Replies: 10
    Last Post: 09-28-2022, 03:55 PM
  2. Jewelry store inventory
    By PismoBruce in forum All Other Lending
    Replies: 7
    Last Post: 12-04-2017, 11:51 AM
  3. 200k needed for 7/11 store
    By Shorebird in forum Deal Bin
    Replies: 12
    Last Post: 11-19-2017, 10:15 AM
  4. Piggly Wiggly store needs inventory money
    By mrjames in forum Deal Bin
    Replies: 3
    Last Post: 05-04-2017, 01:11 PM
  5. Any A lenders do Gold / Diamond / Jewelry?
    By ADiamond in forum Merchant Cash Advance
    Replies: 5
    Last Post: 04-06-2015, 03:51 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Fed penalizes Evolve Bank
Cloudsquare unveils Cloudsquare Lend
Pipe secures $100M credit facility


DIRECTORY