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10-29-2019, 03:23 PM #23
Reputation points: 340530
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,499
What some don't realize..... We close a lot of factoring transactions every year in various sizes all over the country. We also do a lot of ABL. Tt does not stop at the initial funding.....we are funding those companies all year long. Example: IF we close a $5mil factoring facility for a 30Mil company. The initial closing/funding occurs and then we are funding (usually) weekly all of their invoices throughout the year. They are revolving facilities.....
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
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