Fundings: P.O’s, Cargo & Contracts

Are increased sales or new contracts leaving you cash strapped? Unfortunately, banks aren’t as quick to extend credit to accommodate new growth, which leaves many companies seeking alternatives in the form of asset based lending.

Please see our recent Q1 funding’s below for solutions to many working capital challenges.

Recent Asset based Lending Funding Solution: Automotive accessories supplier, annual rev. 6M, profitable, growing, bank line $450k, needs more capital to support credit to customers and inventorying 60 days product.

Solution! $800,000 AR line of credit & $275,000 inventory LOC

Recent Cargo Financing Solution: Growing packaging distributor, annual revenue of $8M, bank holds business acquisition loan and operating line of credit prospects. The company needs consistent inventory flow to retain customer relationships. Any flux can cause uncertainty or loss of an account.

Solution! $500,000 Unsecured cargo financing (50% of cost) line of credit

TOTAL Q1 solutions include: $200,000 term loan for growing home improvements products company, $500,000 LOC (not factoring) for seafood wholesaler, $230,000 P.O. financing line for aeronautical parts supplier, $250,000 LOC (not factoring) for scaffolding company, $400,000 Non-notification AR LOC commitment for advertising and commercial print company, $450,000 Import/export factoring line for commodities broker.

Please call me to discuss multiple options for supporting your working capital needs.

PLEASE NOTE: THIS IS A BI-MONTHLY NEWSLETTER SENT 6X PER YEAR. In addition, we are making upgrades to our website this week. Please accept my advanced apologies if the site isn’t working properly. Contact me direct using the link to my email and website below.

Shannon Shular, TransCaptial, Inc.
Specializing in Financing Accounts Receivable, Inventory, Goods in transit, P.O.’s, Contracts, Term Loans, & Short term credit options

Shannon Shular
858-486-8800
www.transcapservices.com
shannon@transcapservices.com