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  1. #1

    consolidation loan

    looking for a lender that will consolidation 2 loans totaling 180k staffing company.

  2. #2
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    Quote Originally Posted by chris32111 View Post
    looking for a lender that will consolidation 2 loans totaling 180k staffing company.
    We love staffing companies! Kevin.Henry@SeacoastBF.com www.seacoastbf.com is our website.
    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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    2 loans or 2 cash advances?
    And keep in mind - whenever Kevin gets on - that you should always express if he's already factoring.
    MOST staffing companies already are.

  4. #4
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    Quote Originally Posted by abfunders View Post
    2 loans or 2 cash advances?
    And keep in mind - whenever Kevin gets on - that you should always express if he's already factoring.
    MOST staffing companies already are.
    I have a $6Mil facility for a $20Mil company I am about to propose on that has no lines or factoring......
    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

  5. #5
    2 cash advances

  6. #6
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    We fund staffing companies but do not consolidate.
    East Shore Equities, LLC
    Tel: (516) 784-4298 | Fax: (516) 231-5590
    www.EastShoreEquities.com

  7. #7
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    We would not consolidate both position because the balances are cumulatively too high. However, we would consider paying off one position for a new 2nd. The merchant would have to have enough leverage to net 40%.
    Feel free to reach out.



    Kermit Tolbert
    Business Developer
    Arcarius
    Direct-(201)484-8548
    kermit@arcariusfunding.com

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