Factoring Company Seeking Loan in Barrie, Canada
Seeking Loan: Factoring and supply chain financing business catering to credit-worthy companies.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | C Corporation |
| Reported Sales | USD 1.45 million |
| Run Rate Sales | USD 1.74 million |
| EBITDA Margin | 26 % |
| Industries | Factoring |
| Locations | Barrie |
| Local Time | 7:14 AM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
7.2 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 ...
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Collateral Available: USD 1.45 million
Includes physical assets worth
USD
65 thousand
Name, Phone, Email
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Business Name
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User Verification
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.
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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Earlier than 15 daysCEO, Logistics, Obrenovac, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Business Consulting, Amsterdam, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCredit Professional, Dartmouth, Financial Consultant connected with the Business
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1 Investor contacted this Business this month.
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