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Home > Money & Services > Venture Capital   »   Venture Capital to Expand Growing Manufacturing Company

 
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Old Apr 24, 2008, 01:53 PM
SRLE28
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Venture Capital to Expand Growing Manufacturing Company

I am a part owner in a manufacturing company. We started in 2005 with $350,000 in sales, 2006- $800,000, and 2007- $1,400,000. As you can see with this quick growth comes cash flow problems. We have possible accounts and current accounts that could total close to $2,500,000 in sales this year. We are needing capital cash flow to help balance out our Acounts Receivable that tends to run between 30 and 120 days. We constantly stay at around $500,000 in AR. For a company that is only 3 years old, that vurtually started with now cash, this has put a huge strain on us. We have potential to reach about the $5,000,000 in sales mark over the next 3 to 5 years with profits of about 20% to 30%. Are there any investors out there looking for an opportunity to help us grow and put a nice return in their pockets?

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