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12-18-2015, 11:16 AM #17Senior Member
Reputation points: 340558
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,499
Bob,
Your lender? I though you said you were a direct lender? Regardless....A $2.5mil ABL deal in high teens is a bit rich. I just put out a proposal for a $1.5mil ABL Facility this morning for a manufacturing business with some subject debtors. AR & Inventory....all in at 12%.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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