[Nick @ ASAP Funder]

Family friend of mine.... he wants to acquire a couple million over the course of the year till he finalizes institutional funding contracts.


P.S. Does anyone know how I can change my username to say ASAP Funder?

[Funder Mark]

Either ask the admin to do it, or set up a new account.

[admin]

hi

[bdshaw]

We have several programs that would a comodate $5.0 million in financing.
Bob Shaw
Rshaw@advancecredit.com
734-929-3800

[CO1]

Sent you a pm.

[Triton]

That's the VC playground. Try Kleiner or Seqouia.

[CO1]

Not really. There are other options.

[bdshaw]

This not a deal foe VC's.
It's a moderate sized loan in the commercial finance arena. Of course none of us really know what we're dealing with since you haven't told us what the company's does for a living.
Bob

[Nick @ ASAP Funder]

Additionally, They have 600k in receivables on term... is there anyone that can fund them.... they cant go with a personal guarantee because it could affect their institutional funding that will be coming in the later half of this year.

[bdshaw]

What business are they in and what other collateral do they have, machinary, finished inventory etc.
Know long do they need the money?
Bob

[Nick @ ASAP Funder]

they do high end skin care products that are infused with stem cells. They will be on QVC at the end of the year.

Funding amount: $500,000 minimum for a year with opportunity to renew up to 5+ million
Collateral: Stock options?
Receivables on term: $600,000
Finished inventory value is: $1,569,000
Machinery: $200,000 - $300,000

[bdshaw]

What will they do with the money?
Please explain the institutional debt.

[CO1]

I sent you a pm again.

[RichardGerard]

Though the revenue is light for Mezzanine Finance- if they have robust EBITDA #'s there are options available that will not require collateral.

Feel free to touch base... My contacts will require an Executive Summary, Historical Financial data (which is obviously public knowledge), and projections relating to the use of funds (usually a power point presentation). Typical turn around 30-40 days..

Richard 516 510 3855

www.businesscapitalconsultants.com

[Nick @ ASAP Funder]

Please call me at 949 238 6382

[cashman770]

Try TVT capital. They funded a public company for me as a cash advance for 400k a few months ago

[jtkamp19]

Give us a call or email

[bdshaw]

Nick, has this deal closed yet?

[RogueCaliISO]

Nick, has this deal closed yet?

really need someones help... TVT is working on underwriting now... but I fear it wont be near what the doctors are requesting for their company.

Can anyone help me find someone that can fund based on receivables or inventory?

[bdshaw]

Sure, 85% of the receivables, a little lower if they are from insurance companies or government.
Up to 60% of the inventory.
There are a lot more details that are needed.
How about your contact information so we may talk.
Bob

[RichardGerard]

If you would like assistance with Capital that does not require selling stock and/or Senior or Junior debt touch base... Amounts loaned will be based on EBITDA and growth plan..

Richard 516 510 3855

www.businesscapitalconsultants.com

[anydealfunded]

Contact Asher. PM me for contact info.

[VFG]

Are the $600k they currently have open receivables from QVC? If they are open to factoring I can help. If they are looking to fund their QVC receivables all sales must be final sales as QVC has two types of agreements with their vendors.

Happy to discuss and see what we can do.