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09-26-2017, 03:23 PM #7
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- Join Date
- Mar 2015
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- Boynton Beach
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- 3,508
I used to know one in NY, but their name escapes me. Pretty steep rates. You would be better off financing the receivables, but the contracts probably read pay when paid by FEMA. That being said you will have to go out way over 120 days. We would not touch it as it is construction related. I spoke to a Company in New Orleans about 6 months ago. They finally got paid 800K from FEMA related contracts from Katrina.....
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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