Here we go again - my client needs more cash!!
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  1. #1

    Here we go again - my client needs more cash!!

    I have a seafood wholesaler who is on a incredible trajectory. His revenue is exploding.

    April $170k
    May $280k
    June $500k

    He has a 1st for $50k, a 2nd for $35k and a 3rd for $20k.

    He needs more cash to fuel even further growth. He buys product at $1.50 a lbs and sells at $3.50 and they will buy as much as he can deliver and they pay on delivery. He just needs more capital.

    No brokers or ISO's - Direct Funders only - Don't even bother if it is not your money

  2. #2
    Senior Member Reputation points: 54989
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    We have done many seafood groups..they actually have hard time passing site inspection since many have just a cold-storage rental operation as headquarters ..we would be happy to fund even if it was home based!!
    Sign up today !!
    bizdev@cresthillcapital.com
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  3. #3
    Contact me at your earliest convenience.

    Pete Woodworth

    954-947-0034

  4. #4
    Senior Member Reputation points: 2697
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    Here we go again - my client needs more cash!!

    Increment1: we provide factoring and reverse factoring to seafood wholesalers. Factoring allows them to accelerate their receivables cycle and reverse factoring allows them to provide financing to their overseas suppliers so they can extend terms.

    If your client is open to exploring factoring lets setup a call to discuss. In the long run this approach should help the company grow exponentially and have consistent cashflow.

  5. #5
    Contact me at your earliest convenience.

    Pete Woodworth

    954-947-0034

  6. #6
    Banned Reputation points: 4530
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    Here we go again - my client needs more cash!!

    We have a unique new product that will allow your client to finance their purchases and automatically finance the invoice once it's generated.
    We are a direct lender and creators of the Delancey Hybrid, the only financial product of its kind.
    Bob Shaw
    rshaw@advancecredit.com
    734-929-3800

  7. #7
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    Quote Originally Posted by Increment1 View Post

    He has a 1st for $50k, a 2nd for $35k and a 3rd for $20k.
    You looking for a 4th? Then maybe a 5th? Why stop there, I think the record is 15.

    Is revenue exploding because of the fish that is in season? He can only buy as much as the fishermen are allowed to catch...

    ​Nick Kiely
    Funding Manager, Strategic Capital
    Phone: 800.440.6448 (ext. 3605)
    Personal: 813.518.0196
    Mobile: 904.349.7619
    Fax: 816.298.0857
    Email: nkiely@capitalwithstrategy.com
    Website: www.capitalwithstrategy.com
    Address: 10551 Barkley St. Suite 403 Overland Park, KS 66212

  8. #8
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    With those numbers...why is he only getting such low amount of advances??

  9. #9
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    Probably credit

  10. #10
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Or balances, cash flow...

  11. #11
    Banned Reputation points: 10
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    If his revenue is what you say.. He should have the capital to payoff those prior advances... Not need additional.... Where is all the money going?

  12. #12
    Hey would love to take a look

    please email me file whenever you get a chance.. Thanks

    nathan@empirefunding.com

    Empire funding
    1022 Ave M Brooklyn NY

  13. #13
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    I can fit your customer into a hedge fund deal at 10 to 18% 3 to 5 year term monthly payments call me any time 843-796-4039

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