Seeking $5-20M in Receivables Financing from a private lender/ family office

investor profile

May 17, 2023

by an investor from Indiana University at Bloomington in Austin, TX, USA

Seeking capital provider who can assist with the following:

  1. 1. Advance $5 million over the next 3 months against our receivables (commissions on tax credits), and $20-30 million by December. Net income is around $500k/ month at the moment and growing by 30-50% per month.

  2. 2. Advance $20-30 million per month or provide a line of credit. We have $40M per month (growing at 20-30% per month) in receivables on a deal we're doing and need a way to finance 30% of receivables.


A key challenge is receivables takes 180 days to collect (however they are government backed). Our business is less than a year old, so we're also likely looking for a private lender.

I'd prefer to work directly with a source vs. through an intermediary. Thanks!



Please leave a comment below with your contact info and whether you're the direct lender or an intermediary. I can provide a 1 pager and pro-forma. Going anonymous for this post so I don't get a million calls / LinkedIn messages.


0
5
61
Replies
5
commentor profile
Reply by a lender
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
I think we may have already spoken, but if not I would be happy too have a call to discuss. You can reach me at redacted Thank you.
commentor profile
Reply by an intermediary
from Wilmington College in Cincinnati, OH, USA
Thanks Luke, Eric I would need details to wrap my head around this but I do work with Family Offices that may fit. redacted
commentor profile
+3 more replies.
Join the discussion