[Kevin Henry-Seacoast]

Does anyone know of any Lenders out there that do consolidations? I have a few files where one Merchant does over 200k per month but has 3 loans equaling about 70k & the other merchant does over 100k per month & has 3 balances equaling about 50k.

Hi Powerline,

We are Seacoast Business Funding, a division of Seacoast National Bank. We offer flexible working capital solutions in the forms of factoring and asset based lines of credit. We have done a few deals where the business owner took multiple cash advances and struggles with working capital and put a strain on earnings. We were able to finance the receivables and in some cases included inventory and M&E. Because we are owned by the bank our cost of capital is very cost effective. Because we are owned by the bank does NOT mean we cannot finance challenged credits or companies in transition. Fell free to reach out.... kevin.henry@seacoastbf.com