Pulse Beverage Corp. (fka PLSB)

[metrodavef]

Any line of credit they get will likely consist of the following:

Asset Based Revolver:
Advance rate on Eligible Accounts Receivable approx 75%
Advance on Finished Goods Inventory approx. 50%
Line would have to be expandable to account for growing revenue and growth in A/R and inventory.

The company would have to pledge their stock and may have to set up a separate holding company for the stock to be pledged.

They may be able to get a mortgage on their headquarters.

Most likely they would be subject to daily reporting of their "Borrowing Base".