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12-11-2019, 02:39 PM #1
- Join Date
- Mar 2015
- Location
- Rock Ridge
- Posts
- 3,459
2019- Is coming to a close. 2020 looks like it will be even better.
Hey DF,
Most of you know.... We are Seacoast Business Funding, a division of Seacoast Bank. We are trusted working capital partners to companies in a variety of industries nationally. We offer flexible working capital solutions in the forms of factoring and asset based lines of credit.
2019 was a great year for our group and the bank. We expect 2020 to be even better. This year we were active in the following industries: Manufacturing, Distribution, Consumer Goods (Food and Beverage), Government Contracting, and especially Staffing. Staffing continues to be our most active industry. This past year we partnered with a host of companies, owners of multiple companies, and executives that moved on to new companies (their predecessors are still clients).
Our Ideal Client:
-Based anywhere in the US providing temporary or contract staffing services to large corporations, government agencies, and/or vendor managers.
-Revenues from $2Mil to well over $400Mil
-Facility needs from $500K to well over 30Mil.
Why companies partner with us:
-We listen first and move fast. All of our credit decisions are made within our division. We move much faster than banks and can work with challenged companies.
-Flexible structures and terms. We tend to be much more cost effective and flexible than most finance companies.
Yes-We gladly pay our referral partners referral fees over the life of the client. Our average lifespan of a client is much longer than most finance companies.
Best,
KevinHedley Lamarr......That's Hedley
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