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  1. #1
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    Staffing

    Hi DF,

    Please let me know if you encounter any staffing companies in need of a factoring facility. We just proposed on yet another staffing company where we beat or competition by a mile.

    Ideal Client:
    -Temporary staffing providing services to large end customers
    -Revenues $2mil to well over $100Mil
    -Anywhere in the US

    If they are currently factoring with another Company we will likely be able to save them a significant amount on their rates.

    Best,

    Kevin

  2. #2

    Staffing

    On a deal that would factor 300k per month and debtor pays in 30 days what would be your advance and fee?

  3. #3
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    Quote Originally Posted by Lurena23 View Post
    On a deal that would factor 300k per month and debtor pays in 30 days what would be your advance and fee?
    Would have to know a lot more about the company and their customers...... advance rate around 92% and rate all in below 15%

  4. #4
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    Quote Originally Posted by kevinhenry0527 View Post
    Would have to know a lot more about the company and their customers...... advance rate around 92% and rate all in below 15%
    Keep in mind..... We structure facilities to encourage collections and cash management. If the Company improves those two elements of their business, their rates go down!

  5. #5

    Staffing

    15% annually?

  6. #6
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    Quote Originally Posted by Lurena23 View Post
    15% annually?
    Yes

  7. #7
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    Kevin and his team are top notch. Partnering with him immediately alerts your client(s) that you have their interests at heart.

    If for some reason his group cannot get something done, that is where we can assist ISO's..

    Feel free to touch base..

    Richard 516 510 3855

    Business Capital Consultants
    775 Park Avenue Suite 255
    Huntington, NY 11743

    www.businesscapitalconsultants.com

  8. #8
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    Staffing

    What if they have a small payroll liability? Can you do a stretch piece to take out an LSQ over advance?

  9. #9
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    Yes. Very possible. 561-623-1872. I will be back in my office around noon
    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

  10. #10
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    Quote Originally Posted by anydealfunded View Post
    What if they have a small payroll liability? Can you do a stretch piece to take out an LSQ over advance?
    Never heard from you on this deal........

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