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10-22-2020, 04:49 PM #1Senior Member
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why does factoring matter?
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10-22-2020, 04:54 PM #2Senior Member
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Factoring is a revolving facility. There should be no need for additional working capital unless they are expanding and need to spend capital to expand. If the goal is to raise money for expansion, then try and get an SBA on the trucks or finance the trucks. Usually margins for trucking companies are tight.
Originally Posted by Iscibibi153
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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10-22-2020, 05:03 PM #3Senior Member
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i see, thanks
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