Hi DF,


Most 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 partner with companies in a variety of industries nationally.
One industry that is getting busy is consumer products. Just about every year, most manufacturers of consumer products see upticks in business right before and through the Holidays. This year might be challenging for some as a host of retailers have filed CH11 protection in the past year. This can be challenging for manufacturers and distributors that sell into the retail industry as banks may have tightened credit with some end customers that might be struggling and concentration is picking up with some retailers that are thriving. All can stifle availability from bank facilities during peak season. Some of these companies may be forced to seek alternative financing in efforts to seek liquidity.
Over the years we have partnered with many consumer product manufacturers and distributors that have faced liquidity challenges prior to and through the Holiday season.

Our Ideal Client:
-Based anywhere in the US
-Manufactures or distributors of consumer products selling to large retail chains or online customers such as Amazon.
-Revenues from $3Mil to well over $300Mil.
-Facility need from $500K to well over $30Mil.

Best,

Kevin