[WestCoastFunding]

Does anybody know about a balance sheet offering A/R based line of credits accepting Medical / Healthcare receivables able to offer 7 figure size lines?

Crestmark

[ChuckM]

Sent you a PM

[Mynameisbob]

Crestmark

IS crestmark mantis?

[WestCoastFunding]

IS crestmark mantis?

No.

Mantis is a MCA funder, with a sister company that syndicates (Cresthill)

Crestmark Bank is just that: a bank that does a lot of asset based financing like AR financing, factoring, etc.

[Mynameisbob]

Better than Seacoast?

[WestCoastFunding]

Better than Seacoast?

Actually, no. But not sure if Seacoast does this. If you can get the deal done with Seacoast, cool. But keep in mind there are dozens and dozens of asset based lenders to choose from.

[Kevin Henry-Seacoast]

Better than Seacoast?

Comparable. We are typically a touch more cost effective. They will do smaller deals-sub 100K/month in billings. We will do much larger deals-Above $7Mil in facility size. We can fund anywhere from $250K in facility size to well above $15Mil.

[RichardGerard]

No.

Mantis is a MCA funder, with a sister company that syndicates (Cresthill)

Crestmark Bank is just that: a bank that does a lot of asset based financing like AR financing, factoring, etc.

Crestmark does NOT do HIPAA receivables either

[Mynameisbob]

is crestmark mantis?