BlueVine 12 Month Term LOC
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  1. #1

    BlueVine 12 Month Term LOC

    What non-traditional line of credit instrument can compete?

    Thank you,
    Mike
    msla*****er@sla*****er.com

  2. #2
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    Quote Originally Posted by Michael Sla*****er View Post
    What non-traditional line of credit instrument can compete?

    Thank you,
    Mike
    msla*****er@sla*****er.com
    Michael,

    Is it large enough for our ABL program?
    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
    Hi Michael, We may be able to help you with this request.

  4. #4
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    Quote Originally Posted by MetaFunder View Post
    Hi Michael, We may be able to help you with this request.
    Hi MetaFunder,

    Welcome to DF. Since you are new to the group, can you kindly explain who you are and what your company does? Are you willing to help Michael because you are a direct source of capital that offers lines of credit or are you a broker offering assistance for a fee?

    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

  5. #5
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    HEadway, kabbage, some others.
    KEvin I dont think a bank owned factoring company requiring b2b invoices would be classified as non traditional line of credit

  6. #6
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    Quote Originally Posted by brokerCompany View Post
    HEadway, kabbage, some others.
    KEvin I dont think a bank owned factoring company requiring b2b invoices would be classified as non traditional line of credit
    Broker Company-We offer asset base lines of credit as well as 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

  7. #7
    Quote Originally Posted by brokerCompany View Post
    HEadway, kabbage, some others.
    KEvin I dont think a bank owned factoring company requiring b2b invoices would be classified as non traditional line of credit
    Headway is not currently accepting new partners.
    I tried to sign up with Kabbage but they never got back to me.

    Which others?

  8. #8
    The merchant owns a jewelry store. Can the inventory be used as collateral to secure a line of credit?

    Monthly revenue: $300,000.
    Credit Score: 750.
    Real Estate: None.

  9. #9
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    Quote Originally Posted by kevinhenry0527 View Post
    Broker Company-We offer asset base lines of credit as well as factoring.
    Hi Kevin What assets you require?

  10. #10
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    Quote Originally Posted by Michael Sla*****er View Post
    Headway is not currently accepting new partners.
    I tried to sign up with Kabbage but they never got back to me.

    Which others?
    fundbox

  11. #11
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    Quote Originally Posted by omegafund View Post
    Hi Kevin What assets you require?
    I would Imagine Property or A/R

    Don't think he is gonna take a Knightrider Car or Faberge Egg

  12. #12
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    Quote Originally Posted by kevinhenry0527 View Post
    Broker Company-We offer asset base lines of credit as well as factoring.
    Kevin you are a bank you are a traditional lender.

  13. #13
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    Quote Originally Posted by omegafund View Post
    Hi Kevin What assets you require?
    Hi Omega,

    We will always lead with receivables and can include inventory and M&E as an accommodation.
    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

  14. #14
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    Quote Originally Posted by brokerCompany View Post
    Kevin you are a bank you are a traditional lender.
    Broker Company,

    We are a bank owned factor and asset based lender. A bank in most circles is known as a traditional lender.
    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

  15. #15
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    Quote Originally Posted by kevinhenry0527 View Post
    Broker Company,

    We are a bank owned factor and asset based lender. A bank in most circles is known as a traditional lender.
    Most don’t know this, but Kevin is also a special assistant to Giants GM Dave Gettleman. He’s most involved with the draft strategy. He has a big night yesterday.

  16. #16
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    Quote Originally Posted by WestCoastFunding View Post
    Most don’t know this, but Kevin is also a special assistant to Giants GM Dave Gettleman. He’s most involved with the draft strategy. He has a big night yesterday.
    Nope-Ravens fan. Part of the Florida Flock.
    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

  17. #17
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    Crossroads Financial does inventory LOC's if they hold over one million in inventory

  18. #18
    FUND SO FAST has a 12 month 1.18 buy rate with 30,60,90 and 120 day pre payment discount options.
    This is for premium deals to compete with CAN and Bluevine

    Info@fundsofast.com

  19. #19
    If you want to look at getting the client a revolving LOC using their AR,equipment or inventory, contact me today and we can discuss how we can provide a competing offer to Bluevine,
    David Sica
    Director of Strategic Partnerships
    AllFi Solutions Inc.
    Direct: 347.831.4336
    Email: Davids@allfisolutions.com

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