Daily News: March 6, 2013

Liquid Capital Closes $4 Million in Transactions


Liquid Capital said it has closed the following 15 transactions totaling $4.175 million:

  • $150,000 factoring credit facility to an IT management company. The company has growth potential but its customers are paying slowly and that additional working capital is needed to assist in the growth. Liquid Capital was able to offer immediate cash infusion so it can now start on its next project and grow at a more rapid rate and hire more employees.

  • $250,000 factoring credit facility to a company that provides energy efficient lighting. With this being a new company, it was unable to qualify for traditional working capital financing. With the help of Liquid Capital, it is now able to pay its suppliers and contractors in a timely manner and has the opportunity to grow more quickly than it recently anticipated.

  • $750,000 factoring credit facility to a trucking company. The company is in an expansion mode and needs cash to keep it going on at an accelerated rate but is unable to collect its invoice payments on time and was running short of cash. Liquid Capital was able to offer immediate cash infusion so it can run its business more smoothly.

  • $200,000 factoring credit facility to a company that offers consulting services for pension funds & 401K plans. The company was facing working capital challenges since it only gets paid quarterly. With immediate cash infusion from Liquid Capital, it can now expand more rapidly and take on more work.

  • $500,000 factoring credit facility to an IT consulting company. The company needed working capital to help grow and build its staff. Working with Liquid Capital has enabled the company to expand its business and execute on growth opportunities.

  • $50,000 factoring credit facility to a maintenance company. The company has to pay its workers as soon as a job is done, but its customer doesn’t pay until around 45 days. It is experiencing a growth spurt but cannot take on as much as it wants with no working capital. Working with Liquid Capital has allowed the company to grow at a steady pace and take on more work.

  • $250,000 factoring credit facility to a retailer/wholesaler of natural stone & building materials. The company had a lot of new orders to fill and needed the working capital to finish the jobs. Liquid Capital was able to provide it with immediate funds so it could continue to run their business smoothly.

  • $200,000 factoring credit facility to an IT service company that offers software development. The company has the ability to grow and expand its business but found itself in a working capital crunch. Working with Liquid Capital allows it to grow and meet its financial obligations simultaneously.

  • $25,000 factoring credit facility to an auto office supplies distributor.

  • $100,000 factoring credit facility to a company that is a developer of consumer electronic accessories. With the company being relatively new, it had little capital to grow and had to pay transportation/import fees to receive product. Liquid Capital was able to fund current receivables in a timely manner to provide capital to acquire additional product and allow the business to grow much more quickly than before.

  • $250,000 factoring credit facility to a company that is a wholesaler and distributor of stone.

  • $750,000 factoring credit facility to a company that manufactures & distributes steel products. The company was not able to collect its invoices in a timely manner and was running short of cash. Working with Liquid Capital has allowed it to grow and pay its vendors without worry.

  • $100,000 factoring credit facility to a company that designs and distributes trendy clothing for young women. Funds are needed to pay suppliers and fund growth.

  • $200,000 factoring credit facility, to a company that produces live musical events for institutions, municipalities and corporations. Funds are needed to ensure timely payment of suppliers and employees.
  • $400,000 factoring credit facility, to a company that manufacturers high end retail display units for customers like Polo, LG, Bell, Christian Dior and Mont Blanc. Factoring was required to fund growth.