Tech company needs $14MM for new inventory
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  1. #1
    Senior Member Reputation points: 20465 Fundyman's Avatar
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    Tech company needs $14MM for new inventory

    Tech company sells patented products to large retail stores such as Walmart, Target, Kroger, and the likes. The company does about $6MM/year, has 10 yrs in business, and is doing very well with cash flow. Their latest developed product is in high demand by even Walmart alone, who is begging for 1 million units in time to display in all stores by the holiday season.

    There is a commitment letter from Walmart available, HOWEVER, no purchase order. The profit margin is huge. The cost of prodution for each unit is $14. It is then sold to retailers at $28/per unit, (which is then sold at MSRP for $49.95). Therefore, in order to get 1 million units, it would take $14MM.

    Before anyone jumps and says this is this is a venture capital deal, I must stress the fact that this company has been doing this for 10 years. This is NOT a test run. There is a definite buyer in place, whose name is known internationally, and they are a repeat customer. Of course, if the purchase orders were placed, this would just be a PO Financing deal, for which I would need no help.

    Any direct lender willing to get this done, or at least finance it in part (and by in part, I don't mean $3MM...), please either PM me or email: solidmerchantsolutions@yahoo.com.
    Last edited by Fundyman; 05-11-2015 at 11:56 PM.

  2. #2
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    Tech company needs $14MM for new inventory

    are the products private labeled?
    could the be drop shipped?
    are they purchased in a ready to sell format or do th hey NEED something more than just handling to make them ready to ship to Wal-Mart and others?
    Bob Shaw
    7349293800
    rshaw@advancecredit.com

  3. #3
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    Shoot me an email at nathaniel@instafundllc.com
    and lets discuss

  4. #4
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    What is the detailed specific use of the funds?

  5. #5
    I just emailed you about a solution for your client.

  6. #6
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    Hello, I sent you an email. We can finance almost the whole amount depending on the financial information of the company.

    Michael Penna
    Funding Specialist
    ​855-​676-​6687 Main
    ​718-​989-​9204 Fax
    ​718-​412-9032 Direct
    ​917-​885-0194 Cell
    Email mpenna@rocfundinggroup.com

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