7.5 / 10
 Barrie

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

Key Business Facts
Yearly Sales USD 1.8 million
EBIDTA Margin 26 %
Industries Factoring
Locations  Barrie
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.
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.
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.
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
In talks with 3 Investors
Contact Business