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02-17-2017, 03:18 PM #1
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
MCA Consolidations
Hence the reason why you need to replace the term advances with a true revolving facility. When you close a factoring deal the process starts again within a week when the company submits more invoices for financing. Advances and Term notes are static and not revolving. They help with cash flow only if the business is a good shepherd of capital when the lump sum hits the account.
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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02-17-2017, 03:30 PM #2jotucker1983Guest
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