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06-30-2016, 09:05 AM #1
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Just out of curiosity has anyone ever had success pitching bank worthy clients on the liability aspect of it. If they take line of credit, bank loan (longer terms) etc etc how it will stay on their credit report as a liability. In case they want to do any financing for mortgage, car etc etc down the line it would be included in their debt ratios and could possibly cause denial? Where as mca do not show up on credit reports as from what i have been told. Also with bank lending at any given time throughout the line of credit banks will continually check merchants credit to make sure its still up to par. If their credit drops without notice the bank can cut off their line completely of reduce it to pennies and they would have to start making payments asap. I saw this first hand numerous times while working as Personal Banker at Chase.
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06-30-2016, 09:22 AM #2
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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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06-30-2016, 09:32 AM #3
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06-30-2016, 09:38 AM #4
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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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06-30-2016, 10:18 AM #5
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06-30-2016, 10:30 AM #6
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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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06-30-2016, 11:13 AM #7
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06-30-2016, 10:36 AM #8
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06-30-2016, 10:44 AM #9
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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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06-30-2016, 10:49 AM #10
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06-30-2016, 10:54 AM #11
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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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06-30-2016, 10:57 AM #12
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06-30-2016, 09:45 AM #13
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06-30-2016, 10:16 AM #14
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