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8 Replies Last post: Jun 10, 2008 9:23 AM by Bridge

Business Outgrowing us-Need Investors or Loan

May 1, 2008 11:15 PM

Click to view limocouple08's profile Professional limocouple08 7 posts since
May 1, 2008
Hello,

The past four months we have outsourced over $10,000.00 worth of business. We have one vehicle and we are doing over 60 runs a month. In 2007, this car did apprximately 530 runs. Every week we spend around $1000.00 on Enterprise Rental Cars to have extra vehicles to help us accommondate our clients. From 2007 to the present we outsourced over $300.00 per week. We have a client base of over 350 professionals and is growing daily. Our clients are mostly from Fortune 500 companies who use our service on a regular basis.

Since we started the company in 2005, our credit scores have taken a hit. They are in the mid to upper 500's. We have tried banks and other financial institutions. However, since our scores are so low, they wouldn't help us. Therefore, we are looking for alternate financing. But, our company still continues to grow. We are in the transportation industry.Since oil prices are taking a toll on our country, many people would rather use our service than drive themselves. There is a big demand for our service. We are coming into the busy season in our industry- from April through December. This is why we are looking for financial support immediately to keep up with the high demand in this Baltimore-Washington, D.C., Metropolitan Area. Even as we speak we find ourselves being overbooked.

We have over 36 years of managerial and transportation experience that we utilized to grow this GREAT SERVICE solely by our clients' word of mouth. We are asking anyone out there who can give us advise on how we can secure a loan for at least $80K to $100K to support, market and expand our business TREMENDOUSLY?

Please reply to this email with any additional questions or request for financial support documents.

Ty & Willadene
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Click to view mlebovits's profile Mogul mlebovits 39 posts since
Oct 10, 2007
1. Re: Business Outgrowing us-Need Investors or Loan May 1, 2008 11:36 PM
Have you considered factoring your accounts receivable in order to accelerate your cash flow?

Marshall Lebovits
www.Funding911.com
Click to view limocouple08's profile Professional limocouple08 7 posts since
May 1, 2008
2. Re: Business Outgrowing us-Need Investors or Loan May 1, 2008 11:41 PM
in response to: mlebovits

How can my accounts receivables generate cash flow?
Click to view jodphil2003's profile Professional jodphil2003 6 posts since
May 1, 2008
3. Re: Business Outgrowing us-Need Investors or Loan May 2, 2008 11:18 AM

Congratulations on your growth. Most commercial lending concentrates less on personal credit score and more on cash flow. You may qualify for a non-traditional commercial loan or even an SBA loan

If you would like to learn more send us an email: jodyphillips@opendoorfinancial.com
Click to view BizLOC's profile Professional BizLOC 8 posts since
Apr 30, 2008
4. Re: Business Outgrowing us-Need Investors or Loan May 5, 2008 3:06 PM
Good afternoon,

My name is Paul Warshawsky and I am a Business Consultant with Manhattan Business Consultants. We specialize in obtaining lines of credit for companies that are looking for additional working capital. I believe that I can assist you with the request that you have. If you could please contact me directly at 239-645-5266, or pwarshawsky@gmail.com I can fill you in on the specifics.

Thank you and have a great day.
Click to view moneymaster's profile Professional moneymaster 6 posts since
May 7, 2008
5. Re: Business Outgrowing us-Need Investors or Loan May 7, 2008 4:48 PM

We can secure the capital for you. The turnaround time is 7 business days. Please contact Mr. Shah of Sunset Leasing and Financial Group at 732-249-5700
Click to view tinat99's profile Professional tinat99 7 posts since
May 25, 2008
6. Re: Business Outgrowing us-Need Investors or Loan Jun 9, 2008 10:56 PM

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Click to view Metamorf's profile Mogul Metamorf 21 posts since
Apr 17, 2008
7. Re: Business Outgrowing us-Need Investors or Loan Jun 10, 2008 12:54 AM

Hello,

My name is Patrick Walker director of sales for Metamorf Technologies based in the national capitol region MD/DC/VA. we do provide loans and funding but its for technology but I believe I have a business oppurtunity that may help generate revenue for your company please contact me via email calvin@metamorfs.com or provide me with your email so I can send additional information about this great oppurtunity

call 202-256-0708


Thank you

Best Regards

Patrick Walker

Click to view Bridge's profile Mogul Bridge 310 posts since
Jun 3, 2008
8. Re: Business Outgrowing us-Need Investors or Loan Jun 10, 2008 9:23 AM

Why isn't your company generating enough cash flow to let you grow?

I would suggest that if you have that many overbooking, you might want to consider raising your prices - I know your costs have gone up with gas prices.

If you rasie your prices a bit, you might lose some customers, but you can't service them now anyway. You will generate more profit on less work and will be able to finance your growth yourself with our extra cash flow.

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