Results 1 to 12 of 12
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07-19-2016, 03:57 PM #1
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PO finance for < 10k order
Hello. I have a prospect with an early stage business that recently won business from a major chain and wants PO financing for 8-10k order. My sources are all 25k+. Not looking for MCA or real estate backed, just PO financing. Please contact if your firm is a lender that can meet those parameters.
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07-19-2016, 04:02 PM #2
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- Apr 2015
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- Florida, First MCA sold in 85/ WS in 76. CFP/RIA, series 3,6,7,8,10,63,Ins218,220.
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Go to Crestmark, AGR or Capital Funding and then Bob Shaw and Midland on here does these.
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07-19-2016, 04:14 PM #3
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Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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07-19-2016, 04:23 PM #4
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- Florida, First MCA sold in 85/ WS in 76. CFP/RIA, series 3,6,7,8,10,63,Ins218,220.
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Not if it's 10k a week.
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07-19-2016, 05:05 PM #5
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- Florida, First MCA sold in 85/ WS in 76. CFP/RIA, series 3,6,7,8,10,63,Ins218,220.
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Min is 500K ann.
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07-19-2016, 05:18 PM #6
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Give Kevin a shot.............. i drove by his HQ and it seemed like a Hugh corporation~!
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
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07-19-2016, 05:38 PM #7
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- Jul 2014
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no national lender that I know of will finance a PO for 10k. If it was local I might do it myself, we have for the right business.
get a local guy to do this deal.
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07-19-2016, 08:38 PM #8
Reputation points: 5023
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- Apr 2015
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- Florida, First MCA sold in 85/ WS in 76. CFP/RIA, series 3,6,7,8,10,63,Ins218,220.
- Posts
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As I said min is 500K....10k per week. All will do it.
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07-19-2016, 09:33 PM #9
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PO finance for < 10k order
Never to small for Bob Shaw. Thanks for the about out.
Are we talking PO or inventory finance ? Who is the customer and what is the product?
Bob
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07-20-2016, 12:04 AM #10
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- Sep 2015
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- Houston, Texas
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- 16
Owner claims purchase owner in hand from a specialty food chain. It is a proprietary spice blend. Product is bought from a manufacturer that mixes and packages it. Owner has interest from a school district and grocery as well. Contact me privately and I can talk to you tomorrow.
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07-20-2016, 09:36 AM #11
Reputation points: 340558
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- Mar 2015
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- Boynton Beach
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Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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07-23-2016, 08:11 PM #12
Reputation points: 2697
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- Sep 2015
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PO finance for < 10k order
Early stage companies are very challenging for PO financing. Also $10,000 PO's wether they are weekly or once a month are typically not worth financing from a lender's perspective. The workload and paperwork required to finance a PO does not justify the fees earned.
I highly doubt you would find a lender willing to fund such a small PO. Best of luck to you!
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