Northwest Capital Profile

Deal Summary

10


Deals Funded

$18,585,000


Total Issued

$179,680


Interest Paid

11.39%


Wtd. Avg. APY

42.1


Wtd. Avg. Duration

$1,633,333


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.


COMPANY FACTS

Founded: 1989

Industry: Factoring receivables

HQ: Toledo, OH

Key People: Richard A. Scheich (COO), Jim DelVerne (Director of Development)

SURVEILLANCE REPORTS

Past Deals

  • deal history

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

Ultra Short Term Accounts Receivable Financing 5-E ()

$550k

45

9.13%

3/27/20

Short Term Accounts Receivable Financing 5-F ()

$335k

90

12.5%

3/27/20

Ultra Short Term Accounts Receivable Financing 5-G ()

$2.665M

30

12.0%

4/27/20

Ultra Short Term Accounts Receivable Financing 5-H ()

$2.9M

30

13.0%

5/27/20

Ultra Short Term Accounts Receivable Financing 5-I ()

$3.25M

30

13.0%

6/27/20

Ultra Short Term Accounts Receivable Financing 5-J ()

$3.885M

90

13.0%

Links to Ethereum contract for each deal

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