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  1. #1

    40K LED Retrofit Finance - business has A+ credit - Vendor is new

    I have a contact who has a new business that retrofits LED's for businesses. He brought me a client with a very strong cashflowing business and stellar credit rating that wants to finance the services of my contact so he can retrofit his buildings with LED lights. However my contact is a new entity and may have issue getting approved as the vendor since he would be considered a start up.

    I'm looking for someone who is able to finance an equipment deal like this and can work with a brand new vendor. Direct funders please PM me as the client wants to move on it this week.
    Last edited by Starsky&Hutch; 12-12-2016 at 11:47 AM.

  2. #2
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    Quote Originally Posted by Starsky&Hutch View Post
    I have a contact who has a new business that retrofits LED's for businesses. He brought me a client with a very strong cashflowing business and stellar credit rating that wants to finance the services of my contact so he can retrofit his buildings with LED lights. However my contact is a new entity and may have issue getting approved as the vendor since he would be considered a start up.

    I'm looking for someone who is able to finance an equipment deal like this and can work with a brand new vendor. Direct funders please PM me as the client wants to move on it this week.
    When did the business start?

  3. #3
    Vendor launched this month. Had prior experience in field with bigger firms. End user/customer 2+ years.

  4. #4
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    40K LED Retrofit Finance - business has A+ credit - Vendor is new

    Startups pose no problem for us. Since your client sells to businesses we should have no problem factori,g their account receivables. You can always write a MCA after they age a bit.
    Bob Shaw
    rshaw@ironhorsecredit.com
    734-929-3800
    We are the funders

  5. #5
    Bob,

    Thanks for your response. Just to be clear, it is the end user that is looking to utilize financing via lease to own arrangement. Their expectations are 36 to 60 month loan with single digit APR. The hitch is the newbie vendor.


    Quote Originally Posted by bdshaw View Post
    Startups pose no problem for us. Since your client sells to businesses we should have no problem factori,g their account receivables. You can always write a MCA after they age a bit.
    Bob Shaw
    rshaw@ironhorsecredit.com
    734-929-3800
    We are the funders

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    40K LED Retrofit Finance - business has A+ credit - Vendor is new

    Boys

  7. #7
    Lucrative Solutions can definitely get this done please contact Joey Ganduzzo at 917-434-7663 to discuss this in more depth.

    Submissions@slsadvances.com
    Joey Ganduzzo
    Senior Vice President
    cell: 917-434-7663
    office: 212-840-5091

  8. #8
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Quote Originally Posted by LucrativeSolution View Post
    Lucrative Solutions can definitely get this done please contact Joey Ganduzzo at 917-434-7663 to discuss this in more depth.

    Submissions@slsadvances.com
    Joey Ganduzzo
    Senior Vice President
    cell: 917-434-7663
    office: 212-840-5091
    Nice website http://www.yourlucrativesolution.com/

  9. #9
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    Quote Originally Posted by Funder Mark View Post
    Love how they have "associates" with head shots, listed on the site, yet their Senior Vice President seems to be missing entirely. Question: is there a Junior Vice President over there, or is that the mail guy?

  10. #10
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    Quote Originally Posted by anonymous View Post
    Love how they have "associates" with head shots, listed on the site, yet their Senior Vice President seems to be missing entirely. Question: is there a Junior Vice President over there, or is that the mail guy?
    Those photos and names come with the website template software. Those employee names, titles and photos are on many websites for a lot of different things.

  11. #11
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    Quote Originally Posted by sean bash View Post
    Those photos and names come with the website template software. Those employee names, titles and photos are on many websites for a lot of different things.
    hah! looked like stock photos, didn't want to call them out and be wrong though.

  12. #12
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    lmao^^^^^

  13. #13
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    Jr. Vice President??? Where can I apply?

  14. #14
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Quote Originally Posted by Fundingmaniac View Post
    Jr. Vice President??? Where can I apply?
    On the website. Personally I am interested in job number 2, 1 sounds too hard, and 3 like I am an underachiever.

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