Results 1 to 8 of 8
Hybrid View
-
03-26-2016, 04:14 PM #1
Reputation points: 4530
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
40 Year old company-Paid me back over 1 million this year-But still needs more.
John, I would suggest that the reserve account is the normal 10-20% hold back that a factor keeps to offset invoices that don't pay. I think you will find they are not reserving against your advance, that would take 100's of thousand dollars.
Bob
734-929-3800
If you give me your contact information I will be happy to call and discuss a variety of options for your client.
rshaw@advancecredit.com
Advance Credit Funding Corporation
Similar Threads
-
Auto Broker Grosses 4.5 Million a year
By Cshoke in forum Deal BinReplies: 11Last Post: 02-15-2016, 09:56 AM -
CRM Tip of the Year – Count down to the New Year with 10 new Salesforce tips
By HenryA in forum PromotionsReplies: 0Last Post: 01-04-2016, 06:52 PM -
$3 million per year wholesale business looking for 200K?
By acifunding in forum Deal BinReplies: 8Last Post: 01-07-2015, 12:18 AM -
2.2 Million A Year Restaurant with 2 positions Looking for 200K Net
By FlowWorkCap in forum Deal BinReplies: 7Last Post: 12-30-2014, 04:15 PM