[Kevin Henry-Seacoast]

I think will see something take place... Your Bank has a 1.3B marketCap maybe they go for a takeover LOL

Not gonna happen.....

[mcaguru]

why you guys bought a few out of the box funding groups no ?

[Kevin Henry-Seacoast]

why you guys bought a few out of the box funding groups no ?

Marcus,

We have not acquired any advance/small loan non-bank finance companies like ONDK. We have acquired other factoring companies and ABL shops and/or portfolios of the same. We are also providing asset based lines to several factoring companies or re-factoring facilities.

The first large acquisition the bank closed was when they acquired First Growth Capital division of First Capital. That is the division that became Seacoast Business Funding. I made the introduction for the deal by introducing our division President and the Chairman and CEO of the bank.

KH