Northwest Capital Profile
Deal Summary
13
Deals Funded
$27,885,000
Total Issued
$436.8K
Interest Paid
12.2%
Wtd. Avg. APY
44
Wtd. Avg. Duration
$2,442,000
Avg. Deal Size
About Northwest Capital
Northwest Capital offers receivable factoring services in the Midwestern United States to small businesses with working capital needs. These businesses are seeking financing to cover various working capital and general operating expenses in a timely manner.
The executive management team has over 75 years of combined experience encompassing legal, commercial financing, factoring, leasing, secured transactions, commercial loan workouts and financial consulting. Founded in 1989, the family of Northwest Capital companies have financed over $270 million dollars of commercial receivables since 2010 alone.
Cadence Content
Relevant Links
COMPANY FACTS
Founded: 1989
Sector: Factored receivables
HQ: Toledo, OH
Key People: Richard A. Scheich (COO), Jim DelVerne (Director of Development)
Website: northwestcap.com
SURVEILLANCE REPORTS
Originator Data
Northwest Capital: APYs over time
Past Deals
Close Date | Name | Deal Size | Duration (days) | APY |
|---|---|---|---|---|
9/27/19 | Short Term Accounts Receivable Financing 5-A ( | $1.0M | 90 | 9.50% |
12/27/19 | Short Term Accounts Receivable Financing 5-B ( | $1.5M | 90 | 9.50% |
1/27/20 | Ultra Short Term Accounts Receivable Financing 5-C ( | $1.0M | 30 | 9.00% |
2/27/20 | Ultra Short Term Accounts Receivable Financing 5-D ( | $1.5M | 30 | 9.00% |
3/12/20 | $550k | 45 | 9.13% | |
3/27/20 | Short Term Accounts Receivable Financing 5-F ( | $335k | 90 | 12.50% |
3/27/20 | Ultra Short Term Accounts Receivable Financing 5-G ( | $2.665M | 30 | 12.00% |
4/27/20 | $2.9M | 30 | 13.00% | |
5/27/20 | Ultra Short Term Accounts Receivable Financing 5-I ( | $3.25M | 30 | 13.00% |
6/27/20 | Ultra Short Term Accounts Receivable Financing 5-J ( | $3.885M | 90 | 13.00% |
8/27/20 | $4.355M | 90 | 13.00% | |
10/27/20 | $4.40M | 90 | 13.00% |
Links to Ethereum contract for each deal
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