[bdshaw]

I have a wholesale seafood company that has been in business since 2013. When operating, he does around $100k a month in revenues. He shut down in Sep and Oct to take a trip to China and has procured agreements from food service companies in Shanghai to purchase up to $1mm a month in live lobster. He now needs funds to start fulfilling those agreements. Credit sucks, low 500's. He has a residential property in Edison, NJ worth $435k that has a $160k 1st on it. A funder can lien the remaining equity but it would have to be 2nd position. Anyone know anybody who would fund this?

This looks like ti typical Export deal requiring EXIM type insurance and an export factoring line.
I have recently help finance a meet exporter to both the Orient and Middle East.
Let's talk.
Bob Shaw
734.929.3800
rshaw@advancecredit.com
rshaw@millenniumfundingusa.com

[BB_Cooper]

This looks like ti typical Export deal requiring EXIM type insurance and an export factoring line.
I have recently help finance a meet exporter to both the Orient and Middle East.
Let's talk.
Bob Shaw
734.929.3800
rshaw@advancecredit.com
rshaw@millenniumfundingusa.com

Export factoring line? Is that tied to a LOC?