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  1. #1
    Senior Member 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

  2. #2
    Karen37a
    Guest
    Quote Originally Posted by mcaguru View Post
    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 !
    New years resolutions to expand...inventory...blah blah...hit future goals.

    let me get to mine as well...bye

  3. #3
    Senior Member Reputation points: 340558
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    Quote Originally Posted by mcaguru View Post
    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 !
    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

  4. #4
    Senior Member Reputation points: 503040
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    Quote Originally Posted by kevinhenry0527 View Post
    The dumpster is smoldering......
    Please keep the personal attacks on Marcus to a minimum.

  5. #5
    Senior Member Reputation points: 54989
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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

  6. #6
    Senior Member Reputation points: 340558
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    Quote Originally Posted by mcaguru View Post
    attacks ? kevin writing good stuff you cant get at Davos !
    You and I need to grab lunch one day.....
    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

  7. #7
    Senior Member Reputation points: 158630
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    Quote Originally Posted by kevinhenry0527 View Post
    You and I need to grab lunch one day.....
    TWINS if ever there were:

    TWINS.jpg

  8. #8
    Senior Member Reputation points: 340558
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    Quote Originally Posted by HDF View Post
    TWINS if ever there were:

    TWINS.jpg
    Ha!
    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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