Line of credit
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  1. #1
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    Line of credit

    Merchant had a line of credit with Chase for years..... In 2010 lines of credit was pulled and merchant has taken advances since then.. 700 CS, 100-250k daily balance, merchant also has 3 positions

  2. #2
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    What business type?
    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

  3. #3
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    Ide love to take a look at this deal - feel free to reach out.
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
    180 Maiden Lane New York, NY 10038

    www.cfgmerchantsolutions.com

  4. #4
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    Information and Technology and SASS solutions

  5. #5
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    Quote Originally Posted by Nikki96 View Post
    Information and Technology and SASS solutions
    Hi Nikki96,

    If they are providing IT Staffing and services I would be happy to take a look If they are providing software as a service it can be difficult to finance as those invoices are typically pre-billed.

    We love IT staffing companies!

    Best,

    Kevin
    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

  6. #6
    I sent you a pm.

  7. #7
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    you do lines of credit?

  8. #8
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    Quote Originally Posted by Nikki96 View Post
    Merchant had a line of credit with Chase for years..... In 2010 lines of credit was pulled and merchant has taken advances since then.. 700 CS, 100-250k daily balance, merchant also has 3 positions
    Could be a candidate for invoice financing or a line of credit, given the industry type. We provide invoice financing to many IT Services businesses - and we likely could figure out a way to give credit to the SaaS revenue stream of the business as well (which almost all other invoice financing companies struggle with).

    Invoice financing up to $5M and LOCs up to $250k.

    Matt Estes
    BlueVine
    partnerinquiry@bluevine.com

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