Clear Blue Ventures

Description

Clear Blue Ventures is a venture lending firm specializing in short-term and intermediate financing to mid to late-stage emerging growth companies. The firm provides bridge loans, purchase order financing, accounts receivable financing, factoring lines of credit, equipment leasing venture leasing, and other venture lending solutions. It focuses on technology and life sciences companies that have received equity financing from angel or venture capital investors. The firm lends to companies throughout America, concentrating on the Southwest, particularly Arizona and California. It provides flexible funding in 30 days or less. The firms lending criteria for purchase order financing is that the size of the purchase order should be between $100,000 and $1 million. The companies must also have gross profit margins of atleast 25 percent to absorb funding costs. It caters to companies that require funds for 30 to 180 days. In addition, the firm considers business-to-business purchase orders for all industries, except construction and medical billings. For accounts receivable financing, the size of the invoice(s) should be between $100,000 and $1 million, with an advance of 80 percent to 95 percent of the value of the invoice, depending on the industry and volume of business. In addition, the company must have gross profit margins of atleast 25 percent to absorb funding costs. It caters to companies where funds are needed for 30 to 120 days. The firm considers business-to-business accounts receivable from all industries, except construction and medical billings. The firms criteria for the bridge loan financing are that it lends to companies that have already received an equity investment from a venture capital firm or angel investors, or have received a term sheet from a top tier venture capital firm. The size of the transaction should be between $250,000 and $1 million, and the companies should require funds for 3 to 12 months. The firm is based in Tucson, Arizona.

Tags:

Personal Loans, Investment Loans