RBR Global

Growth Stage
Merchant Cash Advance
Overview
Year Founded
2006
Industry
Financial & Insurance Products & Services
Tech Sector
Non-Tech
Distribution Model
B2B
Margin
High
Capital Intensity
High
RBR Global, with a valuation of $97 million, is raising funds on Castle Placement. The company offers cash advances to small businesses and helps them grow for a return on future sales. The business is led by an experienced team and uses a performance-based approach to help small businesses succeed and generate attractive returns. RBR Global entered into 156 merchant cash advance agreements in the nine months ended September 30, 2022, and purchased $36.2 million in future receivables. Richard DiBiase, RJ Carapella, and Bryan Bardes founded RBR Global in May 2006. The current crowdfunding campaign has a minimum and maximum target of $5 million. The campaign proceeds will be used for business operations, funding merchant cash advances, and reverse consolidations.
Summary Profit and Loss Statement
FY 2021 | FY 2020 | |
---|---|---|
Revenue |
$8,197,193 |
$2,366,169 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-1,256,708 |
$-909,347 |
Summary Balance Sheet
FY 2021 | FY 2020 | |
---|---|---|
Cash |
$604,229 |
$1,162,023 |
Accounts Receivable |
$6,708,116 |
$3,164,201 |
Total Assets |
$8,127,031 |
$4,643,475 |
Short-Term Debt |
$9,600,250 |
$300,000 |
Long-Term Debt |
$2,014,939 |
$15,905,795 |
Total Liabilities |
$11,615,189 |
$16,205,795 |
Financials as of: 02/16/2023
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