18:42:37 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Armada Mercantile Ltd
Symbol ARM
Shares Issued 17,818,134
Close 2018-10-31 C$ 0.39
Market Cap C$ 6,949,072
Recent Sedar Documents

Armada Mercantile talks up Oxygen Funding transactions

2018-11-09 13:22 ET - News Release

Mr. Patrick Cole reports

OXYGEN FUNDING, INC. RECENT TRANSACTIONS

Armada Mercantile Ltd. has provided recent transactions by Oxygen Funding Inc., an affiliated ownership company of Armada Group USA Inc.

Master franchisor janitorial services company:

  • Cleveland, Ohio;
  • $200,000 revenue line of credit, providing working capital based on recurring revenue from franchisees.

Consumer electronics company:

  • South Bend, Ind.;
  • $250,000 vendor procurement line of credit, paying vendors and suppliers earning early payment discounts and accelerating the sales cycle.

Commercial sanitation supply company:

  • La Mesa, Calif.;
  • $250,000 vendor procurement line of credit, paying vendors and suppliers earning early payment discounts and accelerating the sales cycle.

Garment manufacturer:

  • Los Angeles, Calif.;
  • $200,000 vendor procurement line of credit, paying vendors and suppliers earning early payment discounts and accelerating the sales cycle.

Garment manufacturer:

  • Los Angeles, Calif.;
  • $250,000 factoring line of credit, providing on-demand working capital support for increased sales growth rates.

Commercial sanitation supply company:

  • La Mesa, Calif.;
  • $350,000 factoring line of credit, providing on-demand working capital support for increased sales growth rates.

We seek Safe Harbor.

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