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05-19-2016, 08:23 PM #1
Factoring Connects
Hi Guys,
Looking to get the contact info of some responsive factoring connects. Have a couple new applicants who are specifically requesting this type of funding. One guy has a limo company the other is an IT contractor. Limo guy needs to get something done yesterday.
Thanks!
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05-19-2016, 08:27 PM #2
- Join Date
- Apr 2014
- Location
- Washington DC
- Posts
- 421
Size of invoices? Are you signed up with FundBox and BlueVine?-- both those firms are great. Seacoast (Kevin Henry is on this site) is a great option for cheap, large deals.
Carl Fairbank
Founder & CEO boldMODE
www.boldmode.com
Carl@boldmode.com
Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
www.breakoutfinance.com
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05-19-2016, 08:36 PM #3
Thanks Carl! I do have BlueVine, haven't been able to get anything funded through them yet, however. I'll check into FundBox. Kevin should be able to help me with the IT guy. Thanks again!
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05-20-2016, 07:10 AM #4
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
Thanks Carl! Hi Cheryl-I am on the road through Monday. Please feel free to shoot over some info via e-mail. Perhaps we can schedule a call Monday morning.
Best,
KevinKevin 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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05-19-2016, 08:47 PM #5
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Factoring Connects
Cheryl, the problem with the Limo company is their customer does not have enough credit to allow their invoices to be purchased.
I would put him in a different type of financing.
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05-19-2016, 10:07 PM #6
- Join Date
- Sep 2015
- Location
- Miami, FL
- Posts
- 189
Factoring Connects
Cheryl, as Bob stated it is hard to factor the Limo company as most debtors would have a hard time getting approved. As for the IT company, i have funded quite a few IT contractors over the years. Happy to arrange a call to see how we can help. Feel free to DM me. Good luck!
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06-21-2016, 02:20 PM #7
- Join Date
- Jan 2015
- Posts
- 9
If you have trucking companies we got you covered.
Steve
Freight Factoring Specialists
www.truckingcapital.com
813-773-4000x103
Always happy to work with ISO's
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06-21-2016, 04:56 PM #8
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Factoring Connects
Welcome Show me
Bob
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07-05-2016, 06:38 PM #9
- Join Date
- May 2016
- Location
- San Francisco & New York City
- Posts
- 75
Thought I'd chime in here, albeit a bit late. I manage broker relations at BlueVine and would love to on-board anyone who has clients interested in a true factoring product.
Quick clarification to Carl's point above. We don't really compete with FundBox on the factoring side of things. Their product is loosely invoice-based ... it's really more of a line of credit.
✔ BlueVine Factoring
⋆ Funding up to $2,500,000
⋆ 530+ credit score
⋆ $120+ annual revenue
⋆ 3+ months time in business
⋆ Sign-up in 5 minutes
⋆ Approval / funding in 24-48 hours
⋆ Fund only the invoices you want
⋆ No reserves, no minimums
⋆ Rebates distributed same day
⋆ Syncs with your clients' accounting software
x Traditional Factoring
⋆ Must factor all invoices
⋆ Long-term lock-in, termination fees
⋆ Reserve and volume requirements
⋆ Rebates distributed once a month
⋆ Must mail or fax original invoices
✉ partnerinquiry@bluevine.comLast edited by matt.estes; 05-10-2017 at 04:33 PM.
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09-08-2016, 03:12 PM #10
- Join Date
- Jan 2015
- Posts
- 6
For Factoring, I have been working with Robert Kort at Hamilton Group for over ten years and he gets most of my deals funded. They seem to work the hardest at getting the deal closed.
Howard
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09-16-2016, 12:12 PM #11
- Join Date
- Jun 2016
- Posts
- 5
I exclusively provide factoring to staffing and IT consulting firms. If anyone needs any more information let me know, eprodromo@agrfinancial.com 732-572-0568
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09-22-2016, 04:52 PM #12
- Join Date
- Sep 2016
- Location
- FL
- Posts
- 3
Hello Evan. I am a direct lender, Factoring Company. Our HQ is based in Rutherford NJ, near you. I'm in FL. Let's chat offline, regarding where you send your non-staffing related Factoring deals? We pay residual/recurring factoring commissions. I look forward to chatting. - Bob, email: rjbrownell@capflowfunding.com
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09-16-2016, 01:22 PM #13
- Join Date
- Apr 2015
- Location
- Florida, First MCA sold in 85/ WS in 76. CFP/RIA, series 3,6,7,8,10,63,Ins218,220.
- Posts
- 554
Are you co-brokering? I used to know Alan and Sabina.
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09-16-2016, 01:24 PM #14
- Join Date
- Apr 2015
- Location
- Florida, First MCA sold in 85/ WS in 76. CFP/RIA, series 3,6,7,8,10,63,Ins218,220.
- Posts
- 554
Call Crestmark Bank in Pompano, AGR or Capital (owned by Wells).
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09-16-2016, 01:45 PM #15
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
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10-07-2016, 05:27 PM #16
- Join Date
- Jun 2016
- Posts
- 5
Bob I will reach out to next week.
John, I work directly for AGR in the corporate headquarters. I am in charge of business development for the United States. We are very competitive in the Staffing/IT consulting space and only offer our services to the staffing industry.
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