Results 26 to 35 of 35
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05-10-2017, 09:18 AM #26
- Join Date
- Oct 2016
- Posts
- 4,318
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.
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05-10-2017, 09:23 AM #27
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
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
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05-10-2017, 09:38 AM #28
- Join Date
- Jun 2015
- Posts
- 3,326
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
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05-10-2017, 10:56 AM #29
- Join Date
- Oct 2016
- Posts
- 4,318
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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05-10-2017, 11:34 AM #30
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,998
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
Office: 727-233-1111
Skype: fc-financial
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05-10-2017, 11:11 PM #31
- Join Date
- Apr 2014
- Posts
- 781
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.
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05-10-2017, 11:17 PM #32
she does not have a deal. Million dollar LOC and no home for it. yea
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05-12-2017, 02:42 PM #33
- Join Date
- Jan 2014
- Posts
- 1,380
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05-24-2017, 10:40 PM #34
- Join Date
- May 2017
- Posts
- 350
Did you ever get the documents in Cthul? Just curious.
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06-05-2017, 05:12 PM #35
- Join Date
- May 2016
- Posts
- 3
If you haven't found a home for this yet, let me know.
Kaveh Nouraee
nouraee@america2030.net
www.america2030.net
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