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07-10-2018, 12:55 PM #1
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Lines of Credit
good afternoon guys I wanted to see if anyone can help out or point me to the right direction when it comes to lines of credit. I have lost a few good solid deals since I currently don't count with this tool I also funded some nice A & B paper that I'm sure will qualify. Any feedback will be greatly appreciated!!!
Happy Hunting!!
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07-10-2018, 12:58 PM #2
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- Mar 2015
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- Boynton Beach
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Hi MoneyMike$,
We offer asset based lines of credit and factoring. Kevin.Henry@SeacoastBF.comKevin 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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07-10-2018, 01:10 PM #3
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- Jul 2018
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Thanks for the response Kevin I will send you an email ....I was looking forward to hearing on products like Bluevine, Kabbage etc
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07-10-2018, 01:21 PM #4
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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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07-10-2018, 01:21 PM #5
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- Feb 2018
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bluevine. good product to have for LOCs. Don't expect giant 15 point rips on the commissions. its much smaller payouts but the repeat business is solid
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07-10-2018, 03:28 PM #6
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- Jul 2018
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yes that is what I'm looking for. do you have a contact there ?
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07-10-2018, 03:35 PM #7
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- Feb 2017
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Mike, I think you can reach out to Bluevine to get an ISO agreement at partners@bluevine.com
How long is your TIB? They aren't accepting just every ISO that applies.
You should also try getting approval at FundBox, no minimum credit score.
If you're looking for ways to monetize clients with excellent credit, at good rates, then contact me directly, I have a few things to say. My email address is below.
Factoring is IMHO the best revolving product out there.
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07-10-2018, 01:25 PM #8
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- Jan 2014
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if they have invoices Kevin is the guy you want to see for ABL programs or their are other ABL lenders out there. If they don't and just have deposits Bluevine is really only place to go to, they average about 5pts on first draw slightly less every other draw, Kabbage doesn't pay brokers you would have to charge directly unless you are signed up with them, if they have good financials and equity in property LIftForward can give you line of credit based on equity, you can also try Headway Capital for straight LOC I heard they do them as well.
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07-10-2018, 01:32 PM #9
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- Mar 2015
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- Boynton Beach
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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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07-10-2018, 02:09 PM #10
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- Jan 2014
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07-10-2018, 02:32 PM #11
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- Mar 2015
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- Boynton Beach
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Hi Sachip24,
we will always lead with receivables. We can include inventory and/or M&E as an accommodation. We cannot do either as a stand-alone facility. Inventory must be monitored with a perpetual system. It really does not matter what it is, but commodity type products will get lesser advance rates. M&E...we prefer equipment that is bolted to the ground or yellow iron. It will require a recent valuation.
KHKevin 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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07-10-2018, 03:30 PM #12
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- Jul 2018
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07-10-2018, 03:32 PM #13
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