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09-04-2018, 05:02 PM #1Member
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Need Factoring Lender and Info
I have a client that will not budge with a MCA offer. The merchant has great growth with many new contracts.
Can someone please point me in the right direction?
Also how long does a factoring deal generally take to fund?
Thank you
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09-04-2018, 05:03 PM #2Senior Member
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There are several direct factors here, but to help you narrow it down, what industry, and how much revenue is the client doing monthly and/or yearly?
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09-04-2018, 05:15 PM #3Senior Member
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Olah54,
Originally Posted by Olah54
We are a factoring Company. Generally it takes anywhere from 10-30 to close a transaction. The more info you have upfront certainly speeds up the process. What industry?
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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