[easyfund]

I have a merchant currently doing $8mm a year in revenue. Unfortunately he is located in St. Vincent which is part of the BVI. He is a liquor importer/ exporter and also runs a small restaurant under the same entity filing. Are there any lenders out there willing to take a look at a business in the BVI?

[bdshaw]

What exactly is the client looking for?

[TheShitzuofMCA]

Done Puerto Rico in the past 2 out of 2 defaulted. Hawaii a much better experience.

[easyfund]

He is looking for something in the 150-200k range, which I feel is unrealistic. He has the opportunity to buy from a distributor from Latin America and increase his margins by at least 50%. The issue he has is that his clients pay him net 30 to net 60 and the restaurant does less than 20k a month. Cash flow is a big issue and he is looking to take advantage of this new supplier with a big offer. Daily balances are in the 10k range and rate is not an issue. Let me know if you know of someone who will take a look.

[bdshaw]

I see two options. One could be to factor the accounts receivable, the other a MCA.
Bob Shaw
734.929.3800
rshaw@advancecredit.com

[BB_Cooper]

Depending on how how the merchant is importing the liquor with his customs broker, we may be able to make Cooper's SLOC Bill of Lading Financing Program work-

Robert S Bloink
EVP of ISO Partnerships
Direct: 313-218-4663
Email: bb@cooperasset.com
Web: www.cooperasset.com
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