5 Nov, 2019 → by ClaimboUser6660
My Frost account # 1052**** Trans Tool LLC. has been with Frost Bank for over 5 years. see below

I filled out a survey last month on every question I had to write no one from Frost Bank has come to see our company for these 5 years. I put around a $1M into our account yearly. This is what I am looking for. I have a new machine being designed with a patent applied for. I am a small company and would like to see about a Line of Credit that would cover my inventory purchases for this machine and component parts. This machine when sold will be prepaid for before it leaves our warehouse usually on a Credit Card or a Lease Purchase. So my initial cash needs would be to handle the cost of the first 5 machines appx. cost from $40K to $45K. Cost of each machine around $8K to $8.5K. again prepaid when sold selling price around $24,995 with a plus 65% Gross Margin. Once we have sales coming in, the Line of Credit would most likely not be needed unless sales orders are higher than expected. I have no idea who my Account Manager is but would like to take advantage of working with Frost Bank.
Helpfull? 0 votes

Post your comment:



Do you want to help? Probably you've just been in a similar situation, know the solution and want to help? Perhaps you are just a kind person who has advice on the merits. Please write your comment — you can do a good breed.

If you are actual Representative of Frost Bank you can contact the user using the comment form and help resolve the situation. The user can always mark his complaint as "resolved". Maintain your brand image, it is FREE.

Copyright © 2023 CLAIMBO.COM. All rights reserved.