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12-28-2017, 03:20 PM #1
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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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12-28-2017, 03:37 PM #2
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On another note Kevin I know we have spoken about your ABL program do you do P/O financing also? Currently have one needs financing that will in turn generate good amount of A/R that you may be able to get an ABL deal on
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12-28-2017, 04:17 PM #3
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Hi Sachip,
Sorry for my tardy response. We do not offer PO financing ourselves. We find in most cases that we are able to finance the current AR and include an inventory accommodation that gets the client over the hump. PO financing can be very expensive ..... Our method is much more cost effective.
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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12-28-2017, 05:11 PM #4
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P/O financing is best done for startups / those with no A/R (yet) through business credit cards and other unsecured lines of credit....
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