[Increment1]

I need someone who does International Factoring or Purchase Order Financing. Clients customers are well established firms based in China. Currently doing $300-$400k a month but could easily ramp up to $2-3$mm a month with financing in place. No brokers please, principals only.

[RichardGerard]

The Factoring Firms are the ones with relationships with PO Finance firms- as the PO finance firms subordinate to their senior debt. On this blog I know that Kevin Henry is the VP of an ABL Division of a Bank that does factoring. Whether they work with King Trade Finance or a similar firm-on the PO side of things- is something he will have to disclose to you should you contact him.

How the client bills, and the credit worthiness of their clients, will be a large determining factor in the equation..

If you seek for alternative solutions there are several folks here that work on these files on a daily/weekly basis..

RG 516 510 3855

[Kevin Henry-Seacoast]

Richard,

Thanks. We work with King Trade from time to time. I don't this would be a fit for us as all the debtors are in China.

Best,

Kevin

[RichardGerard]

Pete: I have other firms that I work with that can assist on the factoring and PO Side- should you wish for assistance..

RG

www.businesscapitalconsultants.com

[Jonathon]

This would probably be best structured as an LC deal being the debtors are in China. She if your clients customers can obtain a letter of credit from a Chinese bank that EXIM bank works with for starters.