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  1. #1
    Senior 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

  2. #2
    Senior Member Reputation points: 23718
    Join Date
    Jul 2014
    Posts
    1,746

    Quote Originally Posted by kevinhenry0527 View Post
    Bob,

    Your lender? I though you said you were a direct lender?
    Whoops...

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