[Mynameisbob]

Very minimal right now... He just started the company, but the contracts are starting to roll in

[Kevin Henry-Seacoast]

Very minimal right now... He just started the company, but the contracts are starting to roll in

Bob,

If he has a little more than 100K outstanding we might be able to help. The idea is to finance the current AR to turn cash faster to get working on the new purchase orders...... You may want to consider factoring the current AR and see if that gets them over the hump with the new orders. PO financing can be expensive and the finance company will likely want them to factor them out of their deal once goods are shipped. Keep in mind...most PO finance companies will only advance the cost of the goods in the order not the entire order...

[Mynameisbob]

As of today his AR is at 60K

[Cfairbank]

Very minimal right now... He just started the company, but the contracts are starting to roll in

Yes, this may be a great fit for us: Call Steve Safirstein ssafirstein@breakoutfinance.com

Could be a fantastic fit for our FactorAdvantage program that requires no minimum TIB or no minimum FICO, but requires purchase orders and/or invoices. We DO NOT FACTOR -- a term loan, weekly or monthly pay. You are looking at effectively 1% to 2% per month in monthly term loan interest.