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09-26-2017, 03:01 PM #1
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,499
Another example of our work.....
DF,
You folks know we love staffing companies and can provide factoring facilities and asset based lines to companies in the industry. We closed a facility for a Company right before Irma hit so I thought i would share some insights.
The Situation:
-10 year old IT staffing Company doing 17Mil a year in revenue. Working directly for some large end customers and some vendor managers.
-Owners needed to refinance the business quickly and had called one of our competitors before us.
The Solution:
-From first phone call to closing....10 days. We closed a $4mil factoring facility, 92% advance rates on AR, and we were priced 11% below the competition.
We move fast, but we listen first.
Best,
KevinKevin 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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