SBA releases Paycheck Protection details-
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  1. #1
    Senior Member Reputation points: 338677
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    Quote Originally Posted by WestCoastFunding View Post
    Really awesome of Chase to fund their own customers. You better believe the ones they’ve funded have debt to Chase either in the form of a loan or credit cards — regardless of what they claim.
    Not to mention some of their best customers.......
    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

  2. #2
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    Quote Originally Posted by Kevin Henry-Seacoast View Post
    Not to mention some of their best customers.......
    Of course. Anyone who thinks participating lenders are handling these on first come, first serve basis are fooling themselves. They are taking care of best relationships first.

  3. #3
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    Quote Originally Posted by WestCoastFunding View Post
    Of course. Anyone who thinks participating lenders are handling these on first come, first serve basis are fooling themselves. They are taking care of best relationships first.
    The official bank line of crap directly from them: "To manage volumes, at this time, only Small Business Banking clients may apply. Other submissions cannot be processed at this time. Please check back later for updates."

  4. #4
    Quote Originally Posted by HDF View Post
    The official bank line of crap directly from them: "To manage volumes, at this time, only Small Business Banking clients may apply. Other submissions cannot be processed at this time. Please check back later for updates."
    On a postive note, a client of mine just got the 10k from the treasury today.

  5. #5
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    Quote Originally Posted by WestCoastFunding View Post
    Of course. Anyone who thinks participating lenders are handling these on first come, first serve basis are fooling themselves. They are taking care of best relationships first.
    On a positive note.... Most of our factoring and ABL clients that applied for PPP will be receiving funds through our bank parent..... Another advantage of being a client of ours.
    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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