Author name: Seacoast Business Funding

Invoice Factoring Supports Manufacturers Growth & Increases Cash Flow

Industry: Manufacturing Region: National and Canada Employees: 50+ SBF Solutions: – Increased Liquidity – Provided Extended Terms to Customers – Pursue New Clients The client a family-owned manufacturer has been providing businesses with PVC flexible hose and tubing throughout North America and Canada for 15 years. The Company’s products support construction, electrical, irrigation, landscape, marine, spa manufacturing and medical industries. In addition, […]

Business partners smiling because accounts receivable factoring helped their business

Factoring Accounts Receivable: Unlocks Working Capital For Your Business Is your business waiting N30-N90 days on customer payments? Is waiting on these payments putting constraints on your operations? Has your company only been in business for a short amount of time? Is your business struggling to grow because of not enough capital? If you have answered yes, to any of

Software Product Incubator Increases Growth with Selective Factoring Facility

Industry: Technology Region: National  Employees: 42 SBF Solutions: – Increased Liquidity – Pursue New Clients – Flexible Facility The client specializes in developing innovative software programming in the fast-paced and ever-changing IT segments of Augmented Reality/Virtual Reality, Robotics, 3D modeling and Cryptocurrencies. The company is located in the southeast and has been in business for 5 years. The company’s employees

Temporary Staffing Company Consolidates Factoring Lines to Support Enterprise Operations

The client is a domestic temporary staffing company based on the west coast.  The Company specializes in placements for manufacturing, logistics, IT, administrative, R&D, construction and skilled trades. Over the last two years they have seen a steady increase in sales volume, resulting in profitability. Challenge: The Company had an established line of credit for several years with a previous

Distributor Increases Credit Line to Meet Sales Growth

The client a family-owned and operated domestic wholesale distributor based in the Midwest, supplies convenience stores, big box retailers and grocery chains.  The company offers over 4,500 product line items and is continually expanding their product offering to their expansive customer base.  The Company is anticipating significant revenue growth this year due to the steady increase in sales. Challenge: The

Thriving Company Increased Line of Credit to Support Growth

The client is an international and domestic provider of oil field and drilling consultants.  The company has been in business for 16 years and has built a strong brand providing independent contractors/consultants with steady opportunities within the oil industry.  The company had seen a small slow-down, but recovered over the last two years with a large increase in customers resulting

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