[lendinghand]

We have a client that needs to factor receivables. They are a logistics company that launched in July with 23 employees, doing $40k top line per month, and they have bank statements from Sept. - present. They are currently on n30 with one of the largest online retailers in the world and need to factor to free up capital so they can meet more demand. Company is scheduled to pitch on Shark Tank in June with an air-date in September; they are in rapid growth mode.

Please private message me if you're interested.

[bdshaw]

This seems pretty straightforward.
How fast does it need to be done?
Bob Shaw
734.929.3800
rshaw@advancecredit.com

[Dov]

If they are in growth mode factoring would be a good idea, and you can set up an MCA/ACH deal to bridge.
Just make sure you work with a company that is ok subordinating their UCC.

PM me if you want to know which factors specialize in low-ticket transportation factors.

Dov

[bdshaw]

Dov
why would you think they need a bridge of any kind?

[dduboff]

I can help-can you send me a/r report?
David

[nmanapat]

If your interested look us up at www.instafundllc.com and contact me at nathaniel@instafundllc.com

[Dov]

Dov
why would you think they need a bridge of any kind?

Depending on the factor -- sometimes the deals could take 2-3 weeks to go from application to funding.
If someone is in need of capital quickly, a "bridge" --for lack of a better term-- solves their short term needs while they are getting set up with more sustainable financing.

[Ejortiz26]

Hello Lending hand,

Hope all is well. I might be able to assist you with your factoring scenario. Feel free to contact me at your convenience.

EJ Ortiz
Cell: (786) 566-3002

[bdshaw]

Advance Credit Funding Corporation is pleased to have recently arranged for a client to receive a $3.0 million factoring line of credit.
Bob Shaw
734.929.3800
rshaw@advancecredit.com