Home/Invoice Financing Companies/Crossroads Financial, LLC

Contact

5284 Deauville Circle, Ste. 1A
Boca Raton, FL 33496

P: (561) 997-8626
F: (561)994-5558
W: www.crossroadsfc.com

Management

  • Lee Haskin: President & CEO
  • Rich Epstein : Chief Operating Officer
  • Julio Varona : Director of Sales

Summary

Crossroads Financial, LLC is a specialized financial services company that provides inventory and purchase order funding to businesses throughout the United States. The company was incorporated in 2005 and is based in Boca Raton, Florida. A direct lender to companies in the US and Canada, the company provides asset-based funding in facilities valued from $750,000 to $5 million. Specific products include:

  • Inventory financing for wholesale and retail businesses. The company offers revolving lines of credit on existing inventory of $150,000 to more than $5 million.
  • Direct lending that will fund up to 50 percent of cost or 75 percent of net orderly liquidation value.
  • Stand-alone inventory revolving lines of credit available in the United States and Canada.
  • Purchase order and production financing. Crossroads advances up to 100% of purchase order value for pre-sold goods (international or domestic). The purchase order funding process issues an irrevocable letter of credit from an A+-rated bank to client suppliers within a few days of application.

Size of Loans

  • $250,000 - $1,000,000
  • $1,000,000 - $5,000,000

Industries

  • Food
  • Manufacturing
  • Other
  • Technology