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02-17-2017, 10:15 AM #1
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- Join Date
- Dec 2016
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Cell Phone/Cell Phone Accessories Online Wholesaler; $800k/yr gross looking for $150k
I have an online cell phone/cell phone accessories online wholesaler with 690 credit doing $800,000/yr in deposits. Currently has a small LOC and looking for $150,000 to maximize his bulk order discounts which would increase his current 30% profit margins to 40%-45%.
Has anybody had success in funding this type of business? What direct lenders would fund this type of industry?
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