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What to Scrap & NOT to Scrap from a Microwave Oven! Scrapping Metal!

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international sterling silver pair candlesticks wild rose n243 3 1 4 not scrap
$95.00
quality

094 artisan hand crafted estate sterling silver mexico bracelet not scrap
$74.95
quality

us 90 silver coin lot morgan peace liberty mercury 523 grams scrap or not
$335.00
quality

14k scrap it or not lot of 2 charms or pendants 404 grams
$89.95
quality

junk or not sterling silver lot 853 gr resale repair scrap see pics
$36.00
quality

032 inca peruvian artisan novica sterling silver 925 glass pendant not scrap
$34.95
quality

217 estate vintage sterling silver 925 turquoise amber 85 bracelet not scrap
$39.95
quality

225 antique artisan sterling silver 925 cabochon onyx earrings mexico not scrap
$34.95
quality

lot sterling silver cufflinks tie clasps tie tacks not scrap 122 grams
$89.00
quality

079 antique sterling silver ashtray 1923 mexico peso coin not scrap 11 toz
$79.95
quality

166 vintage sterling silver 925 purple amethyst heart ring size 85 not scrap
$14.95
quality

2001 colorized 9 11 in memory twin towers 1 oz silver eagle not for scrap melt
$25.00
quality

estate sterling silver mexico abalone butterfly pendant not scrap
$16.99
quality

nice 90 silver coinsnot scrap morgans peace mix 5oz lots must see m90
$97.84
quality

1 troy ounce 99995 + pure super refined silver bullion mint proof not scrap
$44.00
quality

233 estate vintage sterling silver 925 mexico bow tie pendant pin not scrap
$49.95
quality

142 solid sterling silver 925 handmade twisted rope bangle bracelet not scrap
$24.95
quality

1 2 troy ounce 99995 + pure super refined silver bullion mint proof not scrap
$22.00
quality

059 estate gold sterling navajo turquoise malachite ring signed s ray not scrap
$149.95
quality

scrap 100 + keyboard mylar sheets for silver recovery metal opportunity
$29.92
quality

vintage wear or scrap sterling silver jewelry lot native american fashion
$44.99
quality

4 disney mickey mouse 1 20th oz slver 999 coins not scrap golfin
$25.00
quality

232 estate solid sterling silver 925 28 bangle cuff ring bracelet not scrap
$19.95
quality

060 9 carat gold sterling silver 7 diamond cz tennis bracelet not scrap
$59.95
quality

026 estate sterling silver 925 marcasite black onyx teardrop earrings not scrap
$34.95
quality

5 ozt hand poured925 sterling silver bullion bars not scrap
$86.95
quality

240 estate artisan mexico 925 sterling silver 3mm collar necklace not scrap
$29.95
quality

us assay silver rounds lot 4 1981 999 fine silver trade unit troy oz not scrap
$89.99
quality


solid gold jewelry 10k 14k 18k 7 almost 8 grams scrap or not
$160.00
quality

lot of 360 pcb boards for gold scrap 10 lbs
$79.95
quality

lot of 1280 gold plated pieces for scrap 10 lbs
$39.95
quality

lot sterling silver cufflinks tie clasps tie tacks not scrap 122 grams
$89.00
quality

14k gold turkish style link chain necklace 205 inches 166 gramsnot scrap
$598.00
quality

90 silver washington quarter roll 40 coins mixed dates not scrap silver
$123.75
quality

vintage 14kt yellow gold ladies rings jewelry 8 grams not scrap useable
$200.00
quality

14k gold ball jade hoop earrings 15 total grams scrap or use
$24.99
quality

high yield gold scrap recovery from 1 hp agilent circuit board 15 lbs
$39.95
quality

42 grams 14kt yellow gold name brand scrap or not make offers
$169.99
quality

antique vintage 20 k solid yellow gold emerald pearl earring scrap or not
$42.05
quality

5 ozt hand poured925 sterling silver bullion bars not scrap
$86.95
quality

169 grams scrap gold filled 10k 14k 18k wear or not
$140.00
quality

lot of 118 cell phone gold scrap recovery parts repair approx 25lbs
$49.88
quality

92 grams 14k 22k yellow gold scrap or wear from jewelry coin marked tested
$179.50
quality

10k solid gold not scrap
$85.00
quality

14k gold and stone scrap or not
$213.00
quality

480+ mercury roosevelt dimes 90 silver not junk or scrap + 20 mint 64 extras
$500.00
quality

estate solid 14k gold jfk john f kennedy 1993 commemorative coin 14kt not scrap
$26.00
quality

lot of 2 lbs of scrap gold recovery circuit board chips inv25994
$20.00
quality

16 lbs scrap silver recovery copper electrical contacts silver tips inv26007
$103.50
quality

solid 14k gold jfk john f kennedy 1993 commemorative coin 14kt not scrap 585 nr
$26.00
quality

lot of 75 amd athlon pinned cpu processors for scrap gold recovery 625 lbs
$29.00
quality

14k gold new jewelry findings mixed lot 1098 grams not scrap
$225.00
quality

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Scrap Metal Dealers and Purchase Order Financing by Gunaseelan

The scrap metal business is tough for dealers and agents. When they order scrap for clients they have to wait around one month before it arrives and only then can they charge the client. However, they have to complete payment for the stock before the order is sent out, which means that they are only limited to selling as much value as they currently have as their cash balance on their ledger account. This problem acts as a limitation to most businesses that operate in this space, because the can only ever grow their business at the rate at which their profit grows. And even then, that means no profit can be removed from the business; it must be kept and reinvested. For these reasons alone, the scrap metal business can be difficult because you need to have a lot of money to get started, and you will have liquidity problems to tend too as well as other issues such as sales, marketing and order fulfillment.

Despite that, there is a solution that most scrap dealers are failing to leverage to their advantage. Often they will want finance and go to the bank in search of a loan, however when they do they will be disappointed. Your average bank manager will not be savvy as to the operation of a scrap business and will not have anywhere near the knowledge necessary to ascertain the value that you can create. A bank manager will generally want evidence of successful trading for 3 years, and will also want to see that you have a suitable amount of assets or collateral that they can recoup in the case that the business is not able to keep up payments. For those reasons, this form of financing is generally unsuccessful, however that does not mean someone should give up.

Their next step may be to look for venture capital: however a scrap metal dealership is only likely to gain private equity finance in the form of angel funding from friends and family. The reason for this is that VCs look to invest in companies that have an exciting idea, a unique angle or some form of disruptive technology which is defensible from competition. You may get private equity if you have some trading history under your belt; however you are generally best to consider a bank loan at that point.

One thing that most businesses fail to consider is looking for purchase order financing. This will allow you to scale your business fast, not sacrifice equity and not have to worry about failing to deliver the volume of sales necessary to make interest repayments. This works by initially having your customer place a purchase order, you then go to your bank with this purchase order and ask that they pay the supplier or give the supplier a letter of credit. Then you get paid from your customer and pay the bank. This means that you only have to worry about closing purchase orders, and you can continue to grow your business.

Recycleinme.com, The best online source for trade of scrap and recyclables. Find thousands of scrap buyers and scrap suppliers. It offers scrap news, scrap prices and other metal prices.

Article Source: http://www.earticlesonline.com/Article/Scrap-Metal-Dealers-and-Purchase-Order-Financing/180949

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