Manufacturing company looking to factor $250,000 over 90 days
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  1. #1

    Manufacturing company looking to factor $250,000 over 90 days

    My client is a fitness equipment manufacturing company and has $250,000 in purchase order contracts with payment due in 90 days from the buyers, my client wants to factor this $250,000 please call or text me at 424-281-7918 (leave a voicemail if you call) or email me at USA.bts@gmail.com if you can help.

    They are a manufacturing company so they don't have daily deposits like a retail company. Also I am an IS0

  2. #2
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    Quote Originally Posted by BuyTanningSalons View Post
    My client is a fitness equipment manufacturing company and has $250,000 in purchase order contracts with payment due in 90 days from the buyers, my client wants to factor this $250,000 please call or text me at 424-281-7918 (leave a voicemail if you call) or email me at USA.bts@gmail.com if you can help.

    They are a manufacturing company so they don't have daily deposits like a retail company. Also I am an IS0
    We are assuming their local bank could not provide assistance? Maybe Kevin @ Seacoast Funding can be of assistance.
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  3. #3
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    Quote Originally Posted by Yankeeman07 View Post
    We are assuming their local bank could not provide assistance? Maybe Kevin @ Seacoast Funding can be of assistance.
    Yankeeman07-Thanks for the mention, but unless the person seeking assistance has a corporate e-mail address-I am out.
    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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    I understand your policy - I know of Adam Scott - we have attempted to close a few deals together,
    but no success. I will reach out to him - maybe he will purchase a real email account from me

    For reference information - is that the type of deal you could work with?
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  5. #5
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    Is the equipment already built and ready to ship? If so, this is a layup for us. Ill shoot you a PM with my info.

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    Quote Originally Posted by Yankeeman07 View Post
    I understand your policy - I know of Adam Scott - we have attempted to close a few deals together,
    but no success. I will reach out to him - maybe he will purchase a real email account from me

    For reference information - is that the type of deal you could work with?
    Yankeeman-If the equipment is manufactured, shipped with proof of delivery....we might consider factoring the invoices. N90 terms would be OK depending on the credit worthiness of the customer. We would want to factor all invoices not just one-offs. We are NOT a select factor. We have done true-sales, but those are much much larger deals.
    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

  7. #7
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    We would like to earn your business and show you why over 500 ISO's use Cash Village funding!

    Cash Village Funding, LLC :

    Our rates and terms
    Our factor rates are between a 1.38 and a 1.49, with opportunity to up-sell at a 1 to 2 ratio. Our terms are anywhere between 3-8 months.

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    First to eighth position, if room allows.

    Response time
    After submissions, responses within 6 business hours.

    Renewal time frame
    We can refinance merchants after they are 50% paid off and we can provide another position after 30 days of payments.

    Early payoff discount
    We offer early payoff discounts on all contracts.

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    We can consolidate merchants with no net requirement.

    Stipulations
    Void check, driver’s license, business license, and landlord.





    All the best,

    Thank you,

    ISO@cashvillagefunding.com

    Cash Village Funding, LLC.

    www.cashvillagefunding.com

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    From what you are describing your client needs funding to manufacture the equipment and then the ability to finance the account receivable.
    No offense my impressive cohorts here but we are the only ones that have the Hybrid program designed for this situation.
    Bob Shad
    Rshaw@advancecredit.com
    734-929-3800

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    Manufacturing company looking to factor $250,000 over 90 days

    Um..... Bob...with all due respect.... I will finance inventory and equipment all day long at rates that you pay for capital.
    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

  10. #10
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    Quote Originally Posted by bdshaw View Post
    From what you are describing your client needs funding to manufacture the equipment and then the ability to finance the account receivable.
    No offense my impressive cohorts here but we are the only ones that have the Hybrid program designed for this situation.
    Bob Shad
    Rshaw@advancecredit.com
    734-929-3800
    Hey Bob... Hope all is well... We both know lots of folks that fund PO's that convert to receivables

  11. #11
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    I would bet a nickel Kevin would not touch this particular deal.. Few PO funders would consider if he does not have a 3rd party manufacturer it.

  12. #12
    Hey my company Lucrative solution can definitely get you a solid offer by the end of the day please contact me ASAP to get this going!

    Joey Ganduzzo
    Successful Lucrative Solutions
    Director of ISO Relations
    Submissions@slsadvances.com
    917-434-7663

  13. #13
    We may be able to help you contact us at https://www.fastcapital360.com
    Fast Capital 360 - Fast, Transparent & Fair Small Business Loans.

  14. #14
    Senior Member Reputation points: 5110 LJH365's Avatar
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    I may be able to help with this deal. Do you have financials for 2016?
    Sean Hawley
    CEO
    BLF
    Bright Light Freight
    shawley@brightlightfreight.com.com
    631-210-6327
    SBA, Term Loans, LOC, MCA & Equipment Finance (Transportation & Trucking)

  15. #15
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    For clarification we are not talking about PO funding we are offering a short term WIP financing and Kevin there are many banks that would be less expensive to you and also offer a variety of ABL products.
    Thank you Richard.

  16. #16
    Kevin email me at sales@BuyTanningSalons.com and include your contact number and I can call you and we can talk about the deal.

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