Multi Million Lines Of Credit....
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  1. #1

    Multi Million Lines Of Credit....

    Anyone,....Anyone??!?!??!???

  2. #2
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    Kevin.Henry@SeacoastBF.com

    How big?
    What industry?
    We love size!
    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

  3. #3
    Like 1-3 mill. Customer said 'a few million' does over 20mil yr,.....Want to get set up with the lender before I even get the docs in,..... Not gonna give industry away.....

  4. #4
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    Quote Originally Posted by CthulhuNJ View Post
    Like 1-3 mill. Customer said 'a few million' does over 20mil yr,.....Want to get set up with the lender before I even get the docs in,..... Not gonna give industry away.....
    We offer factoring and asset based lines of credit. Kevin.Henry@SeacoastBF. $20Mil revenue companies with needs from $1-$5mil not an issue. Shoot me a note and we will set up a call.
    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

  5. #5
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    [QUOTE=CthulhuNJ;70996] Not gonna give industry away.....[/QUOTE
    How do you expect anyone to help?Saying the industry will not lead anyone to your client. Oh wait you do not even have the docs so i guess will just call it a lead.

  6. #6
    I just checked your website, and you seem like a broker. I've never heard of your company before. I'm not submitting the file to another broker, I want a direct lender, sorry.

  7. #7
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    Quote Originally Posted by CthulhuNJ View Post
    I just checked your website, and you seem like a broker. I've never heard of your company before. I'm not submitting the file to another broker, I want a direct lender, sorry.
    CthulhuNJ-We are not brokers. We are a division of a publicly traded bank-Seacoast Bank. www.seacoastbank.com www.seacoastbf.com I don't know what you read on our website that made you think we are brokers......
    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

  8. #8
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    Quote Originally Posted by kevinhenry0527 View Post
    CthulhuNJ-We are not brokers. We are a division of a publicly traded bank-Seacoast Bank. www.seacoastbank.com www.seacoastbf.com I don't know what you read on our website that made you think we are brokers......
    Have you read Kevin profile ? Seacoast Bank - Florida Based -
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  9. #9
    What I read was that you funded recently a temp agency, which is restricted usually, over a million, and a bunch of other hard to believe sales.......and a fairly plain website with you as the only commenter......Also, never heard of you company, but I will do my due diligence and see what you're all about, n then maybe we can talk.

  10. #10
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    Quote Originally Posted by CthulhuNJ View Post
    What I read was that you funded recently a temp agency, which is restricted usually, over a million, and a bunch of other hard to believe sales.......and a fairly plain website with you as the only commenter......Also, never heard of you company, but I will do my due diligence and see what you're all about, n then maybe we can talk.
    You gotta be kidding with this.

  11. #11
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    Quote Originally Posted by HDF View Post
    You gotta be kidding with this.
    CthulhuNJ,

    It appears you have done extensive "research" on us. Please don't call.

    Best,

    Kevin
    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

  12. #12
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    Quote Originally Posted by CthulhuNJ View Post
    What I read was that you funded recently a temp agency, which is restricted usually, over a million, and a bunch of other hard to believe sales.......and a fairly plain website with you as the only commenter......Also, never heard of you company, but I will do my due diligence and see what you're all about, n then maybe we can talk.
    That is how you tell who is a direct lender and who is not? Hate to burst your bubble but that is really a dumb way to check. Another piece of advice when it comes to real lenders is do not piss them off , they are not like mca companies dying for your business and are really selective on who they work with

  13. #13
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    Quote Originally Posted by CthulhuNJ View Post
    What I read was that you funded recently a temp agency, which is restricted usually, over a million, and a bunch of other hard to believe sales.......and a fairly plain website with you as the only commenter......Also, never heard of you company, but I will do my due diligence and see what you're all about, n then maybe we can talk.
    Not sure what your smoking but it's real easy - research Seacoast Bank -https://www.google.com/finance?cid=497152

    I also have a resource for Credit Lines - but you appear to very uneducated in this business
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  14. #14
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    Quote Originally Posted by CthulhuNJ View Post
    What I read was that you funded recently a temp agency, which is restricted usually, over a million, and a bunch of other hard to believe sales.......and a fairly plain website with you as the only commenter......Also, never heard of you company, but I will do my due diligence and see what you're all about, n then maybe we can talk.
    lol of all the chop shops you call out one of the most serious actual lenders on here

  15. #15
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    Did you ever get the documents in Cthul? Just curious.

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    Quote Originally Posted by CthulhuNJ View Post
    I just checked your website, and you seem like a broker. I've never heard of your company before. I'm not submitting the file to another broker, I want a direct lender, sorry.
    very curious what made you think that as all my usual checks says they are a direct lenders from their website.

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    Quote Originally Posted by CthulhuNJ View Post
    I just checked your website, and you seem like a broker. I've never heard of your company before. I'm not submitting the file to another broker, I want a direct lender, sorry.
    Kevin is beyond legit, far from an MCA broker

  18. #18
    ..........
    No I don't have the docs in, but the owner's husband called me from a voicemail I left on their answering machine and said that they are looking for this, and gave me the information for the person to call that does their finances,.. not CFO, but same thing he said, and before I get all the documents, I want to actually have someone that does lines of credit that large,........don't get me wrong I'll still get the docs in n see what I can do,....but I'd rather know how far I can take it, before I begin. I like to be prepared and actually get the client what they want & need (within reason obv).......I'll still pitch an advance if I can't get the l.o.c. approved,........but at least I know my parameters........

  19. #19
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    CthulhuNJ% , so far as i see the only 2 companies that can provide a line of credit similar to a bank is Kevin's bank and us, Iron Horse Credit, a direct lender.
    If your potential client sells products or services to other companies we would be quite intersted in discussing it.
    I would also check our references here where the rubber hits the road. I sense youre feeling insecure publishing too much information but accounts receivable have industries they restrict, not the same as the advance industry.
    Lastly since many of we factors are using our web sites to primarily to attract brokers and iso's not unlike yourself.

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

  20. #20
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    Yes-CthulhuNJ-Please call Bob.......
    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

  21. #21
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    Oh come on. Don't have financials and basing this on a voicemail message? Haven't even seen their AR yet? And criticizing an asset based lender to providing a facility to a temp staffing agency? While this may be a restricted industry with MCAs it can be a preferred industry for ABLs.

  22. #22
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    Quote Originally Posted by WestCoastFunding View Post
    Oh come on. Don't have financials and basing this on a voicemail message? Haven't even seen their AR yet? And criticizing an asset based lender to providing a facility to a temp staffing agency? While this may be a restricted industry with MCAs it can be a preferred industry for ABLs.
    We love staffing companies. If anyone is seeking a factoring relationship for a staffing company doing $5Mil to $50Mil/years and they are being quoted or paying anything higher than 15%/year all in.....you are talking to the wrong people. I am out of breathe and time with the above mentioned question and comments.
    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

  23. #23
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    Quote Originally Posted by CthulhuNJ View Post
    ..........
    Don't get me wrong I'll still get the docs in n see what I can do,....but I'd rather know how far I can take it, before I begin. I like to be prepared and actually get the client what they want & need (within reason obv).......I'll still pitch an advance if I can't get the l.o.c. approved,........but at least I know my parameters........
    To me it makes no sense to look for lenders before you even have the client's financials. You'll need the financials so you can figure out what type of facility would be a good fit for them.

    But let's say they dont get the LOC, to then just jump to MCAs skips over a bunch of options in-between that are much healthier.

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    She's a lady...what's with the comments what is she smoking etc. She doesnt want deal stolen in day n age it is a common theme. She also doesn't want brokers pretending to be direct...
    Last edited by golf2014; 05-11-2017 at 01:13 AM.

  25. #25
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    she does not have a deal. Million dollar LOC and no home for it. yea

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