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03-16-2016, 06:15 PM #1Senior Member
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Invoice/ P.O. Factoring $250,000
Were doing a real estate deal for a client that also needs to borrow against a purchase order.
The P.O. is for an order of 400,000 bushels of corn @ $5.05 per bushel from a national distributor and backed by an insurance policy for the value of the PO - Purchase Order Value is $2,020.000 they need $250,000 for 60 Days, that is when the po will be paid .
PFS and income stmt show considerable assets and reserves to service debt.
This isn't within our parameters so if some one could help that would be greatly appreciated.
pm me.Last edited by Jstarr; 03-16-2016 at 07:25 PM.
Jerry Starr
Insource Funding
433 Plaza Real,
Boca Raton, Fl 33432
P: 800-805-3391 Fx: 561-270-6895
insourcefunding.net
WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL
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◆ Investment Residential / Commercial Properties
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