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01-09-2018, 12:18 PM #1
Reputation points: 54989
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Guys..on a side note ..it seems merchants are shopping for capital like NEVER before!! ? anyone know whats going on ? ! last week was quieter and record submissions for a friday and yesterday was a mad RUSH and my uw's are saying the quality is really good !
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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01-09-2018, 12:20 PM #2Karen37aGuest
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01-09-2018, 12:33 PM #3
Reputation points: 340558
- Join Date
- Mar 2015
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- 3,502
Coupe of reasons:
-The Holidays are over and everyone is back focused on their business.
-Banks have pulled back a bit as there are more and more problem children raising their heads. Translation-the desperation to deploy capital over the last few years is now causing issues as some lenders/finance companies used aggressive formulas and companies are finding themselves in bank work-out.
-A good friend whom I have worked with in the past works for a boutique advisory firm in the North East. They are a 12 person shop that typically works on 6-8 assignments at a time. Most of their clients have lending relationships with super-regional banks and are in work out. My friend's firm is usually hired to help make operational improvements, refinance the Company, or help them with strategic alternatives. Again, they normally work on 6-8 assignments at a time. Towards the end of the year they found themselves with 28 assignments from banks.
-The dumpster is smoldering......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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01-09-2018, 01:17 PM #4
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01-09-2018, 02:46 PM #5
Reputation points: 54989
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- Dec 2013
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attacks ? kevin writing good stuff you cant get at Davos !
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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01-09-2018, 02:56 PM #6
Reputation points: 340558
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,502
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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01-09-2018, 03:14 PM #7
Reputation points: 158630
- Join Date
- Jul 2015
- Posts
- 1,202
TWINS if ever there were:
TWINS.jpg
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01-09-2018, 03:36 PM #8
Reputation points: 340558
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,502
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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