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02-08-2018, 09:28 AM #1
Reputation points: 341306
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,513
More consolidation in the factoring world.
Hey DF,
Another factoring company acquisition was announced this morning. There have been several firms acquired over the last several months and there are probably several firms on the market shopping for new partners.
-We are active buyers of factor portfolios. $5Mil to $50Mil of funds deployed. We are also active ABL lenders to other factoring companies. $1Mil to $25Mil facilities.
-Sometimes when factoring companies are acquired, their customers seek new partners. This might be an opportunity as we are one of the most cost effective firms in the market and can offer additional services.
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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