Haskin Capital Group : Testimonials
Testimonials
“Haskin Capital is a premier resource for those seeking financing.”
“Thank you Haskin Capital for all your help making the refinancing of our home go so smoothly. We could not have done it without you and our NEW LOW INTEREST RATE ROCKS!”
A number of new prospects and clients have been referred to us who have obtained large orders. These clients have approached our bank with hopes of having these orders or contracts financed through traditional bank financing. As these clients come to realize, since banks are cash flow lenders, these orders are a risk if they cannot acquire immediate financing. Haskin Capital is the solution to your client’s situation. Helping our clients fund orders and transactions is at the core of our business. As the following scenarios show, transaction financing is the way to grow a business and watch that client’s DDA grow.
Manufacturer of Cleaning Products
- Situation: 3 year old manufacturer of cleaning products. 2 million in annual sales
- Need: Wither orders from major retailers growing in volume there was no way to continue at this rapid growth pace without additional cash flow.
- Solution: Haskin Capital Group provided $250,000 in accounts receivable financing for their first assignment and now orders are growing at a rapid pace, with no risk of having to turn down new orders due to lack of cash flow.
Electronic Manufacturer
- Situation: Existing client who just purchased a business and was seeking bank financing to provide working capital and to partially fund the sale. 15 million in annual sales.
- Need: Immediate cash to fill back orders.
- Solution: Internal management was so pleased with Haskin Capital Group’s financial solutions and way of doing business that new ownership signed a financing contract and immediately filled $500,000 in back orders.
East Coast Auto Parts Manufacturer
- Situation: Start-up manufacturer originally seeking equity financing was introduced to Haskin Capital Group by an investment banking firm seeking their non-lending business.
- Need: Client had a 100% concentration account which made it very difficult to raise equity, traditional, or non-traditional financing. Due to its projected growth, client needed a $3 million line even though there were no historical sales. Client’s contract manufacturer was unable to provide them with terms due to the start-up nature of their business.
- Solution: After performing due diligence on client’s customer, Haskin Capital Group promptly coordinated a $3 million facility against client’s invoices enabling client to achieve its goals without diluting equity.
Southwest Heating and Cooling Distributor – $5M
Miami Area Health Care Facility – $3M
South Florida Nursing Home – $3M term loan
Northwest Concrete Sub-Contractor – $6M