Financial Services - N/A, N/A, N/A
Mast Capital Partners is an alternative finance company that was established to help fund the cash flow needs of emerging and established brands in the beverage alcohol industry. Based on the considerable industry experience of our principals as well as extensive market research, we have found that many smaller wine, spirits and beer producers have a very difficult time obtaining financing for their working capital needs. Even if they have superior products and a good distribution platform, it is often very difficult for producers/importers to fund monthly operations given that:1) working capital is tied up in accounts receivable and inventory.2) payment schedules of distributors lag the expense schedules of producers.The cash needs of many producers/importers often exceed their available cash. Traditional financial institutions are virtually frozen and usually will not lend to businesses such as these. Mast Capital Partners offers account receivable finance (factoring) with customized facility sizes and rates. Factoring differs from traditional bank loans in that bank loans involve two parties, while factoring involves three parties. Banks base their decisions on a producer/importer's credit worthiness, whereas factoring is based on the value of the receivables and the creditworthiness of the distributor.See our web site for more info: www.mastcp.com
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