Stand Up Paddle Board Manufactorer

**skideeppow** · 08-25-2015, 12:44 PM

I have a company looking for some funds to get their next run of boards manufactured. Here are some basic numbers:
YTD P/L is 160k
Last two years they have not made any money on about 700k-1.1mill in sales
They are projected to make around 300-400k this year.
Margins are around 50%.
looking for 500k

All boards are made in the US, something very unique in this industry.

**Kevin Henry-Seacoast** · 08-25-2015, 01:18 PM

Hi,

We have financed a company in this industry! Give me a ring at 561-623-1872. Kevin.Henry@SeacoastBF.com

**bdshaw** · 08-25-2015, 02:15 PM

Actually we have several.
If they need funds before they have any invoices a MCA may be the best.
If they have invoices to borrow against we can help them.
Advance Credit Funding
We pay the highest commission rate in the industry, up to 25%
Bob Shaw
734.929.3800
rshaw@advancecredit.com

**LenderRick** · 08-25-2015, 02:48 PM

I may be able to help you with this deal. Especially if they have any assets to pledge I can assist in getting this customer exactly that or close to $500k. If I could get more information from you I would like to see if I can help. I can be reached @ 714.462.9617. Feel free to reach out to me anytime.

**skideeppow** · 08-25-2015, 06:40 PM

i wont do any business with WBL because of previous bull**** they dealt me in the past.

**skideeppow** · 08-25-2015, 07:00 PM

When you guys get hired at WBL, does the training entail you getting on this form and telling everyone, that you can get any deal done? Its a joke. How long you been in the MCA industry, like 3 weeks.

**LenderRick** · 08-28-2015, 12:48 AM

@skideeppow my attemp to answering your question was to try and assist you in helping you find a solution to your question. That is all! I take my career seriously and don't play or will entertain any negativity from "anyone". It's unfortunate that you had a bad experience with WBL in the past. My experience has been great and I'm happy to say that I am surrounded by great colleagues. I can only speak for myself in saying that when you deal with me directly all you will get the upmost ethics in the business. Guess you will only find that out if you allow me the opportunity.

**VFG** · 09-09-2015, 02:52 PM

I had a similar scenario and was able to finance their raw materials, production and receivables.

EJ Ortiz
eortiz@vortexfinancialgroup.com
Cell: (786) 566-3002

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