Hi DF,

As many of you know..... We are Seacoast Business Funding, a division of Seacoast Bank. We offer flexible working capital solutions in the forms of factoring and asset based lines of credit. We typically work with companies ranging from $2Mil in revenue to well over $300Mil in revenue in a variety of industries all over the US. We are unique in the market as we are bank owned. If gives us the luxury of competitive cost of funds, more flexibility as we don't have a senior lender to answer to, and we can still work with challenged companies or companies in transition.

What you may not know (as we don't advertise it much) is that we provide factoring facilities or asset based lines of credit to smaller factoring companies and/or asset based lenders. We have also acquired portfolios of factoring companies and/or asset based lenders.

Our ideal client:
-Based anywhere in the US.
-Provide factoring services or ABL facilities to regional customer or targeted industries. Assets considered AR, Inventory, and M&E.
-Strong owner/team with deep relationships in their respective communities/industries.
-Facility need from $2Mil to $15Mil.
-Seeking a cost effective financial partner that clearly knows the industry.


Best,

Kevin