Author name: Seacoast Business Funding

Working Capital for Manufacturers & Distributors: From Dive to Thrive

In a study conducted by Crowe Horwath LLP, 54% of manufacturing and distribution companies have not implemented a working capital strategy. Of the executives surveyed 88% believed a working capital strategy would be beneficial to increase company profits; but don’t have a clear understanding of how it impacts the bottom line. What is Working Capital? https://seacoastbusinessfunding.com/wp-content/uploads/2017/07/vVZdCyxQ4qxWMcX-1.mp4 Working capital is the difference between a company’s current […]

Reliable Working Capital Solution for IT Staffing

The client, a boutique IT staffing company located in the Southeast. Focuses on providing mid-sized and multinational Fortune 500 companies with highly skilled professionals to optimize their IT department’s performance. Since inception in 2013, the Company’s sales have increased year-over-year and have recently become profitable. Challenge: Over the last six months the company sales increased exponentially driven mainly by their

Benefits of Invoice Factoring

When it comes to growth, many small businesses struggle.  A lack of growth is often attributed to many causes, but the largest contributor is typically liquidity, not sales.  For small business owners, Invoice Factoring is an effective solution to generate capital to meet short and long-term goals.   Invoice Factoring, also known as Accounts Receivable Financing, dates back thousands of years

Why Sales Needs to Remember Why

Every day we are inundated with marketing campaigns on the latest product or service through online searches and social media.  Have you noticed the best marketing campaigns are the ones that don’t even “sell” you. But show you why this is the solution for you.  This concept came from a TED Talk by Simon Sinek called “How great leaders inspire

Understanding Factoring and Asset Based Lending

Explore how our infographic reviews the history of Factoring and Asset Based Lending, the differences in the solutions and a modern day business case. Turn Your Unpaid Invoices Into Working Capital Recent Posts Ready to get funded? Get Started

Privately Owned Marine Services Company Needs Increased Working Capital to Support Government Contracts

A privately owned marine services company, that provides comprehensive underwater exploration. The company specializes in shallow coastlines and reefs as well as, deep waters.  They currently had several pending government contracts that would double existing revenue from the previous year. This client needed to increase working capital to support the new contracts. Challenge: Time was of the essence, as the

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