[HDF]

I see it more as Top-Up financing. Allows the Factor do what they specialize in and the business accesses capital above and beyond the scope of invoices. (for any number of reasons to need a lump sum- opportunistic, event driven etc. The Factor no longer has to judge whether or not to clear out a UCC or ten. Win-win.

Value comes with the existing and budding relationships they have with any particular factor to do so.

[WestCoastFunding]

I see it more as Top-Up financing. Allows the Factor do what they specialize in and the business accesses capital above and beyond the scope of invoices. (for any number of reasons to need a lump sum- opportunistic, event driven etc. The Factor no longer has to judge whether or not to clear out a UCC or ten. Win-win.

Value comes with the existing and budding relationships they have with any particular factor to do so.

Yeah, seems like a good deal. Especially since MCA UCCs seem to be the biggest barrier to get a factoring/A/R line in place. I wonder what the max funding amount is.

[Kevin Henry-Seacoast]

Yeah, seems like a good deal. Especially since MCA UCCs seem to be the biggest barrier to get a factoring/A/R line in place. I wonder what the max funding amount is.

Even better when the factor writes the check themselves to clean everything up and lowers the cost for both by a bunch. Not to mention layering in other services that helps the client and reduces costs.

https://seacoastbusinessfunding.com/...etain-profits/

[WestCoastFunding]

Even better when the factor writes the check themselves to clean everything up and lowers the cost for both by a bunch. Not to mention layering in other services that helps the client and reduces costs.

https://seacoastbusinessfunding.com/...etain-profits/

Absolutely. But I think this program would be for the companies that don’t have enough factoraboe A/R to cover total MCA debt.

[Kevin Henry-Seacoast]

Absolutely. But I think this program would be for the companies that don’t have enough factoraboe A/R to cover total MCA debt.

Which is what we did...... We took out their factor and provided a term note to clean up the MCA. We gave them better advance rates/liquidity and reduced their costs significantly.