BlockQuarry Corp (BLQC)

[Scarface]

What happened to Park Street?


All the hype around Park Street, I'm sure we can all remember. The savior, the salvation, all concerns solved. I wonder if the turn down letter to Alonzo, simply said, you don't meet any of the below requirement.

Working Capital

Park Street offers a range of working capital solutions to emerging and established alcoholic beverage suppliers. The underwriting process focuses on the quality and liquidity of the collateral/assets (e.g., creditworthiness of the distributor, payment history, inventory turnover rate), as well as the financial stability of the alcoholic beverage brand owner.
Accounts receivable factoring
Revolving credit facilities
Term loans
Inventory financing
Bulk spirits/barrel financing
Letters of credit
Corporate guarantees