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07-22-2020, 09:12 AM #1
Tougher Factoring Deals - Progress Billed Construction
I know a lot of people on this forum already work with Seacoast and I do not want to disrupt that, loyalty means a lot. I can assist you with your tougher deals like progress billed construction, or deals in the PPE space. AmeriFactors can also work with clients that have existing tax liens as long as they are in a payment plan. We can work with single debtors/high concentration.
Feel free to reach out to me if you have a deal that does not fit the traditional box.
Non-Recourse Factoring
Domestic and Canada
Facility Size 50K to $10Million
Advance Rate: Up to 95% against Accounts Receivable
Closing in as few as 2-5 days
Start-ups
Highly Leveraged
Negative Net Worth
High Customer Concentration
Debtor in Possession
Tax Issues in Payment Plans
All the best,Jeannette Nearing | Business Development Officer| AmeriFactors
| M (770) 362-2307
jnearing@amerifactors.com |
http://www.amerifactors.com
https://www.linkedin.com/in/jeannettenearing
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08-07-2020, 12:08 PM #2
- Join Date
- Jan 2014
- Posts
- 1,370
what are your rates with construction factoring deals? 30/60/90
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08-07-2020, 12:54 PM #3
That depends on volume and debtor credit. I have a couple of offers right now and they range 1.4/1.9/2.4 - 1.75/2.25.2.75-2/2.5/3 these are all represented in 30/45/60
Jeannette Nearing | Business Development Officer| AmeriFactors
| M (770) 362-2307
jnearing@amerifactors.com |
http://www.amerifactors.com
https://www.linkedin.com/in/jeannettenearing
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