Hey Bob.. It sounds interesting.. Many of the files I see have a factor as a senior lender with up to 3 positions behind that.

What is the criteria that you're seeking?

Are you looking for firms that have inventory and/or PO's in addition to receivables?

Do the firms need to show a profit and/or low payables ratio?

As you and I have discussed: Factoring is purchasing existing receivables- and advances are purchasing future receivables. How much of the future sales will you buy? Is it another month? Do you have stacking restrictions? Are there any other nuances the folks here should know about?

Good Luck with this by the way..

RG