Results 1 to 18 of 18
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12-16-2021, 11:33 AM #1
- Join Date
- Aug 2020
- Posts
- 41
Line of Credit
Looking for a LOC for one of my merchants. Currently is in a 350k MCA. He only wants an LOC moving forward.
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12-16-2021, 11:47 AM #2
- Join Date
- Feb 2018
- Posts
- 1,349
than call bluevine headway or idea
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12-16-2021, 12:07 PM #3
- Join Date
- Aug 2020
- Posts
- 41
Do you have contact person and number?
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01-12-2022, 03:48 PM #4
- Join Date
- May 2019
- Posts
- 74
Greenwich capital is accepting new isos for our MCA and LOC Programs - we go out to 13 months, do weekly and biweekly payments and fund 1-4th. Please email Inquiries@gcmcapitalgroup.com to sign up!
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01-13-2022, 10:13 AM #5
- Join Date
- Feb 2018
- Posts
- 1,349
does anyone have experience with Rapids new LOC? Is it a true LOC?
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01-13-2022, 10:21 AM #6Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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01-13-2022, 11:22 AM #7
- Join Date
- May 2019
- Posts
- 74
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01-13-2022, 11:38 AM #8
- Join Date
- Dec 2021
- Posts
- 40
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01-13-2022, 12:49 PM #9
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,490
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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01-13-2022, 12:54 PM #10
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,490
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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01-13-2022, 01:16 PM #11
- Join Date
- May 2019
- Posts
- 74
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01-13-2022, 01:17 PM #12
- Join Date
- May 2019
- Posts
- 74
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01-13-2022, 01:35 PM #13
- Join Date
- Feb 2018
- Posts
- 1,349
LOC's are the big buzz right now. Customers prefer those when possible because they can draw when they want and only pay interest on what they draw.
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01-13-2022, 02:01 PM #14
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,490
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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01-13-2022, 02:04 PM #15
- Join Date
- Feb 2018
- Posts
- 1,349
Fundthrough acquired Bluevine's factoring business.
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01-13-2022, 02:07 PM #16
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,490
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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01-14-2022, 06:04 AM #17
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,490
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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01-14-2022, 11:59 AM #18
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,490
You would be amazed what some bank owned finance companies can accomplish up to and including DIP financing. Hell...I have financed companies with federal tax leans and had the IRS subordinate behind the factor/ABL. Banks are starting or buying non-bank finance companies (factors and ABL) as a way to say YES to the client. Non bank finance companies are partnering or selling to banks because they need a lower cost of funds and other services to offer to their clients to compete. There is a large factor in the market to buy a bank right now because they need the depository relationships to lower cost of funds. It is super hard for small players and non-bank finance companies to compete with the likes of a bank owned finance company with $3Bil of free deposits to deploy........
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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