[BizDev]

Who do you all recommend for invoice factoring? Haven't done anything in that space and would appreciate recommendations!

[TedFundy]

Depends what the industry is.

[Yankeeman07]

Who do you all recommend for invoice factoring? Haven't done anything in that space and would appreciate recommendations!

I believe KHendry from Seacoast is your person -

[Yankeeman07]

Depends what the industry is.

Seacoast, but, not all industries. What industry are you working with?

[TedFundy]

I specialize obtaining LOC's for construction companies but I also do most other major industries.

[Kevin Henry-Seacoast]

Thanks Yankeeman. We offer factoring and asset based lines of credit. Shoot me an email and I will send some info. Kevin.Henry@SeacoastBF.com. We are a division of a bank but can fund challenged companies.

[KMSampson]

Who do you all recommend for invoice factoring? Haven't done anything in that space and would appreciate recommendations!

We are a direct Factor, we have been in business for 25 years. We will fund in all industries, and will fund in a 2nd position, as well as tax liens, and Chapter 11s. Feel free to contact me at any time for further information.


Kevin Sampson
Capital Solutions Bancorp
561-619-5846 direct line

[bdshaw]

We are a direct Factor, we have been in business for 25 years. We will fund in all industries, and will fund in a 2nd position, as well as tax liens, and Chapter 11s. Feel free to contact me at any time for further information.


Kevin Sampson
Capital Solutions Bancorp
561-619-5846 direct line

I googled this company and received a Mcafee warning. I also checked with the IFA and they are not members.

Kevin, perhaps you can get this straightened out.

Bob Shaw rshaw@ironhorsecredit.com
734.929.3800

[bdshaw]

Who do you all recommend for invoice factoring? Haven't done anything in that space and would appreciate recommendations!

Kevin Henry and his bank probably have the lowest cost of funds and are therefore the lowest price to customers. However with the low cost of funds you also get more conservative underwriting criteria. Don't get me wrong if I had a deal that would qualify with Kevin I would not hesitate to run it bye him.

As to I recommend after Kevin it will come as no surprise to readers here I highly recommend us, Iron Horse Credit.
we do a few things a bank won't:
we can provide a 30-120 day unsecured line of credit to help your clients finish projects before being able to issue an invoice we would then factor, we do companies and industries that banks won't and we extend higher credits in general than the banks do.
I would call Kevin first and us second.
P.S. If we can't finance your client we will point you to someone who can.....at no charge.
Bob

Bob Shaw
Iron Horse Credit
rshaw@ironhorsecredit.com
734-929-3800

[KMSampson]

We are a direct Factor, we have been in business for 25 years. We will fund in all industries, and will fund in a 2nd position, as well as tax liens, and Chapter 11s. Feel free to contact me at any time for further information.


Kevin Sampson
Capital Solutions Bancorp
561-619-5846 direct line

I googled this company and received a Mcafee warning. I also checked with the IFA and they are not members.

Kevin, perhaps you can get this straightened out.

Bob Shaw rshaw@ironhorsecredit.com
734.929.3800

Bob,

Not sure what you Googled however, Carlos Weil our CEO was on the IFA Board for a while, and we are IFA members
Our Website is Capitasolutionsbancorp.com

I just googled our name and had no such issues. As I said we have been around for 25 years and we can supply anyone with testimonials and references.

Kevin Sampson
561-619-5846

[Kevin Henry-Seacoast]

Bob,

Not sure what you Googled however, Carlos Weil our CEO was on the IFA Board for a while, and we are IFA members
Our Website is Capitasolutionsbancorp.com

I just googled our name and had no such issues. As I said we have been around for 25 years and we can supply anyone with testimonials and references.

Kevin Sampson
561-619-5846

Bob,

They have been around for a while. I have spoken with Carlos a few times in the past.

Kevin Henry

[Kevin Henry-Seacoast]

Bob,

They have been around for a while. I have spoken with Carlos a few times in the past.

Kevin Henry

They are a member if IFA. They are listed under Capital Solutions.

Ft. Myers
Capital Solutions
Ft. Myers, FL 33907

Member Since: 01/2002

[Kevin Henry-Seacoast]

Kevin Henry and his bank probably have the lowest cost of funds and are therefore the lowest price to customers. However with the low cost of funds you also get more conservative underwriting criteria. Don't get me wrong if I had a deal that would qualify with Kevin I would not hesitate to run it bye him.

As to I recommend after Kevin it will come as no surprise to readers here I highly recommend us, Iron Horse Credit.
we do a few things a bank won't:
we can provide a 30-120 day unsecured line of credit to help your clients finish projects before being able to issue an invoice we would then factor, we do companies and industries that banks won't and we extend higher credits in general than the banks do.
I would call Kevin first and us second.
P.S. If we can't finance your client we will point you to someone who can.....at no charge.
Bob

Bob Shaw
Iron Horse Credit
rshaw@ironhorsecredit.com
734-929-3800

Bob,

Just because we are bank owned does not mean I will not fund a challenged credit. We have funded DIP, companies with Tax Liens, 100% customer concentration, and companies with not so pretty balance sheets. We move very fast. I funded a staffing companies earlier this year in 12 days from first phone call.

[KMSampson]

Thank you Kevin Henry, I appreciate your input. If you do not fund in a 2nd position please let me know, because we will fund in a junior position.

Thank you again.

Kevin Sampson
Capital Solutions Bancorp
561-619-5846

[bdshaw]

Accept my apology KMS, I would be interested in talking to you. We occassionaly have clients that may benefit from your facility.
KH, we've all factored in those situations but thats not really getting down in the mud. If we didn't do something different you would be the only factor around.

Bob