[Kevin Henry-Seacoast]

The percentage of straight WC deals that qualify for ABLOCs and Factoring are less than 5% in our pipeline. Besides continuously riding factoring companies for month end statements to show what our true compensation is an exercise in futility. There is no transparency and nearly everyone quits paying in a few months. That's my experience and one main reasons why I don't push factoring anymore.

Non-SBA backed working capital loans would be a god send. Especially given that 50% of them will qualify for a loan consolidation from the SBA after the TIB hurdle is overcome.

We send detailed customer statements showing volume and fees monthly. You have been working with the wrong people. I have referral sources collecting monthly commissions on deals closed 4 years ago.....