Hey DF,


As most of you know..... We are Seacoast Business Funding, a division of Seacoast Bank. We offer flexible working capital solutions in the forms of factoring and asset based lines of credit. We provide facilities for many industries, but get hyper excited about staffing companies as we know the industry extremely well.

Our Ideal Client:
-US Based Company selling temp staffing or contract staffing services to large US companies or government agencies. Yes-we love security guard companies and government contractors too.
-Revenues: $2Mil to well over $300Mil
-Facility Need: $250,000 to well over $30Mil.

Why do staffing companies chose us over other finance companies:
-We are bank owned-We have a much lower cost of funds than most finance companies, but can still work with companies in transition, companies not getting enough liquidity from their bank facilities, or challenged companies.
-Because we are bank owned we can layer in other bank services which can save them money.
-We offer aggressive advance rates.
-We can and will work with companies who need mid-month financing for approved, but un-billed time.
-We take the time to listen to the need, provide a viable solution that adds value, and move fast. We have closed many complex transactions in a little as ten days from first phone call with the client.
-We have provided term facilities as an accommodation to a receivables facility to clean up balance sheets and provide extra liquidity.
-When we propose there is certainty to close.



And yes.....we do pay referral fees for the life of the client that includes renewals.

Best,

Kevin

Kevin.Henry@SeacoastBF.com 561-623-1872