[mrmrg]

Credibility Capital. I believe they’re now teamed up with Seacoast.

Why would anyone go through credibility capital when they can just go to seacoast directly?

[WestCoastFunding]

Why would anyone go through credibility capital when they can just go to seacoast directly?

Sure, they could. But Credibility works with a number of banks to do $100-350k term loans outside of the SBA program. So it’s not a bad option if you’re a newer broker that doesn’t quite understand how to read/analyze financials, and don’t have any relationships with conventional lenders.

[Ccarasa]

Is Seacoast a direct lender ? credibility sounds like a broker too ? Are they both a good source for term loans to clients with good fico scores and decent income?

[Kevin Henry-Seacoast]

Is Seacoast a direct lender ? credibility sounds like a broker too ? Are they both a good source for term loans to clients with good fico scores and decent income?

Seacoast Business Funding is a division of Seacoast Bank. Seacoast bank is a large publicly traded bank headquartered in Florida. We are the factoring and asset based lending division of the bank.