Transportation company with current factoring contract
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  1. #1

    Transportation company with current factoring contract

    Merchant does over a million a month in sales & is looking for a cash advance. Only issue is the factoring company he is current working with legally owns all of his receivables.

  2. #2
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    Quote Originally Posted by Jake_ View Post
    Merchant does over a million a month in sales & is looking for a cash advance. Only issue is the factoring company he is current working with legally owns all of his receivables.
    SHould not be an issue I am sure a dozen guys on this board will do it.
    If he is not getting enough funds from the invoice factoring maybe it is to move him to a line of credit?

  3. #3
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    Cresthill funds files all the time with factoring companies tied to the merchant.

    We also love funding transportation ....!


    bizdev@cresthillcapital.com

  4. #4
    Senior Member Reputation points: 32658 Zach's Avatar
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    Take him to a lender that does a business loan.

    OD
    CAN
    GRP
    NF
    QB
    etc
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

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