Factoring Company Seeking Loan in Barrie, Canada
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | C Corporation |
Reported Sales | USD 1.5 million |
Run Rate Sales | USD 1.8 million |
EBITDA Margin | 26 % |
Industries | Factoring |
Locations | Barrie |
Local Time | 7:37 AM America / Chicago |
Listed By | Business Owner / Director |
Status | Recently Active |
We provide factoring, and supply chain financing services to credit-worthy companies.
With a solid history of success and growth and nearly a decade of financing high-growth companies, we are looking to capitalize on new funds to assist with our growth and the requests from new and existing clients for increases in their capital availability.
We are catering to companies that the banks are neglecting.
Revenue is generated by charging interest rates for invoice lending.
Operating the business with a limited number of permanent employees and temporary staff.
Factoring, supplier credit, supply chain financing, acquisitions and invoice trading opportunities.
The assets of a factoring company are the purchased invoices, at any given point. Thus it fluctuates depending on the amount of capital available to deploy.
Other assets include laptops and computers.
Post Covid, we have found success in remote work and shared office space. We perform a site inspection on each of our client's businesses and facilities, we do not meet with clients at our locations.
We have initiated an EMD LP to assist in the capitalization of our lending portfolio.
Our current structure consists of our money, and a few close high-net-worth individuals.
Business has one main director and a few other external investors.
No loan or liability.
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Earlier than 15 daysSpecialist Advisor, Investment Banking, London, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysChief Technical Officer, London, Commercial Real Estate Broker connected with the Business
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Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business