AR Factoring
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  1. #1

    AR Factoring

    I have a merchant that has 2.2 million of AR, and 1.8 million is 30-60 days old.

    Can anyone help get this merchant 60-80% LTV on this?

  2. #2
    Senior Member Reputation points: 340530
    Join Date
    Mar 2015
    Location
    Boynton Beach
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    3,490

    What industry?
    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

  3. #3
    Construction.

    Need something today

  4. #4
    Senior Member Reputation points: 340530
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    Mar 2015
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    Construction is tough and not many will be able to do it in one day.
    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

  5. #5
    Senior Member Reputation points: 227882
    Join Date
    Feb 2017
    Posts
    3,431

    Can't get it "Today" but we can get it by next week. DFC, please reach out, you have my email, WhatsApp and phone in my signature.

  6. #6
    Member Reputation points: 1017 Loanpro's Avatar
    Join Date
    Jul 2021
    Location
    Duluth, GA
    Posts
    45

    Quote Originally Posted by DFC View Post
    I have a merchant that has 2.2 million of AR, and 1.8 million is 30-60 days old.

    Can anyone help get this merchant 60-80% LTV on this?
    Done deal send me the particulars.

  7. #7
    Senior Member Reputation points: 1158
    Join Date
    Apr 2015
    Location
    Morristown, NJ
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    I can, but it will be longer than a "today" process

  8. #8
    Senior Member Reputation points: 16709
    Join Date
    Jul 2014
    Location
    Jackson Hole Wy
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    728

    We can handle construction AR factoring.
    Bzuniga@omegafund.com

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