Revolving lines of Credit?
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  1. #1
    Senior Member Reputation points: 203690
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    Revolving lines of Credit?

    any lenders actually offer this product besides Bluevine. I mean true revolving lines of credit not factoring or anything else that works like a line of credit.

  2. #2
    Senior Member Reputation points: 54989
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    breakout ?
    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

  3. #3
    Senior Member Reputation points: 340530
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    Quote Originally Posted by Sachip24 View Post
    any lenders actually offer this product besides Bluevine. I mean true revolving lines of credit not factoring or anything else that works like a line of credit.
    Our ABL facilities start at $1Mil
    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
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    Quote Originally Posted by Sachip24 View Post
    any lenders actually offer this product besides Bluevine. I mean true revolving lines of credit not factoring or anything else that works like a line of credit.
    ondeck, kabbage,


    a real bank, fargo, frost, credit unions etc..

  5. #5
    Quote Originally Posted by kevinhenry0527 View Post
    Our ABL facilities start at $1Mil
    Hi Kevin - can you help if UCC-1 and UCC-2 is already taken by SBA loans?

    Let's speak Monday if you have the time. Might have two deals for you.

  6. #6
    Senior Member Reputation points: 68233
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    Quote Originally Posted by seanedeska View Post
    Hi Kevin - can you help if UCC-1 and UCC-2 is already taken by SBA loans?

    Let's speak Monday if you have the time. Might have two deals for you.
    Sean,

    If the SBA (or any other Senior Debtor) is willing to carve out assets for Kevin's group to attach to, he can definitely help. All depends on the Collateral and payers.

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