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05-10-2018, 10:04 AM #1
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,493
Funding Floor,
From reading this thread I assume and I can only assume because your website offers little to no information, that you are a technology platform for the alternative funding space focused mainly on cash advances. Based on what has been written thus far, you are vetting out your funding sources and have a variety of funding sources on your platform for which brokers and advisors can submit viable deals in hopes of obtaining the best funding options for their clients/prospects.
Please answer the following:
-Why does your website have very little details about your Company? The people that have e-mailed me in the past two days are ghosts....
-Why would you send unsolicited deal flow to an asset based lender/factor that does not know your firm, has never spoken with anyone at your firm, and does not have a cash advance product. I have received B2C deals from two of your BDOs in the past 2 days unsolicited.
-Why would you share anyone's information about any deal if the deal is NOT appropriate for the receiver?
Gents,
I am a capital markets professional with over 28 years of experience. I work for a very large institution in a regulated environment. Pardon my questioning, but I want to know who I am dealing with before engaging and I just can't connect the dots with you guys thus far.
Putting my investment banking hat on..... No way in hell would I blindly send any of my client's or prospect's deals to anyone I do not know. What exactly are you doing with the information that is submitted by brokers?
Know your customer, know your broker/advisor, and know your capital source...... If you want to play in an institutional environment, you better have your act together.
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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05-10-2018, 10:20 AM #2
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05-10-2018, 10:30 AM #3
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,493
Um....If you are vetting people on your platform why are you sending us deals that are not appropriate. Again, I have never spoken to anyone from your firm, yet got deal flow that is not appropriate the first time you guys appeared here.
Ghost..... What is the address of your Company, contact phone number, and names of management team? This information for any legitimate service provider should be easily found on your website or by ding simple searches.....
I believe you picked up my e-mail from this forum. Please do NOT send anymore unsolicited deals until some the questions I asked both BDOs have been answered. They obviously read the e-mail because they magically have my cell phone number.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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05-10-2018, 11:26 AM #4
- Join Date
- Jun 2015
- Posts
- 3,325
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05-10-2018, 11:37 AM #5
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,493
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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05-10-2018, 10:42 AM #6
- Join Date
- Oct 2016
- Posts
- 4,318
This is about as bad as it gets. Brokers are submitting MCA deals to Funding Floor, and Funding Floor is simply blasting the deal out to lenders who aren’t signed up with them. Not even to an appropriate source, either, but to an asset based lender.
I mean, they never even talked to Kevin before sending the deal to his inbox. They simply saw his email on here, and sent him a deal unsolicited.
Seriously, **** this ****.
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05-10-2018, 10:44 AM #7Karen37aGuest
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05-10-2018, 10:44 AM #8
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,493
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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05-10-2018, 10:45 AM #9
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