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We are in Wal-Mart all we need is Growth Funding

 
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spiceman

posts: 2

Feb 27, 2008 3:35 PM ET    Quote  Report Abuse
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Our 17 food products are currently selling in a regional area of Texas.  We have been approved to expand and need working and growth capital to fill the needs of this and other customers.
 
Tasting is believing.  Try our products, see them on the shelves at Wal-Mart, the rest is history.  There is still a chance for a small company to get a break and sell to the largest Retailer in the world.
spiceman2/27/2008 6:39 PM
mlebovits

posts: 88

Feb 27, 2008 7:58 PM ET    Quote  Report Abuse
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Spiceman,

If you`ve got purchase orders and accounts receivable from Walmart, I believe I can help you.  Factoring would offer the fastest and easiest way to finance the accounts receivable to raise working capital, but only after you`ve shipped the product and the customer has confirmed acceptance.  Purchase order financing or vendor assurance letters could get you the money you need to produce the orders.
 
By the way, be careful with linking your fortune to Walmart or any big customer.  Just ask Cott Corporation what happens when too large a percentage of your revenues comes from one customer!  Read my February 28th blog posting, Walmart Sneezes; Cott Catches a Cold.
 
Feel free to give me a call at 310-371-4011 for no cost, no obligation assistance.
 
Marshall
mlebovits2/28/2008 2:40 PM
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