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Factoring Company Seeking Loan in Barrie, Canada

Seeking Loan: Factoring and supply chain financing business catering to credit-worthy companies.

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
Overall Rating
Seeking Loan
USD 7 million for 7.0% annual interest, 1 year (Native Currency: CAD 10,000,000)
Reason: With this investment, we are looking to capitalize on the growth that is presented to us and in our ... View More
Collateral Available: USD 1.5 million
Includes physical assets worth USD 66 thousand
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Business Name
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Business Overview

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.

Products & Services Overview

Factoring, supplier credit, supply chain financing, acquisitions and invoice trading opportunities.

Assets Overview

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.

Facilities Overview

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.

Capitalization Overview

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.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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