Author name: Seacoast Business Funding

Tower Service Company Needs Working Capital

A three year old company specializing in tower audit services was looking to take on additional work with their main customer, as well as, provide crews for a recently added carrier. Challenge: The company was struggling to meet the demand for services and the N60 terms were putting a strain on the business and stifling growth. The company was unable to […]

Apparel Company Needs Credit Facility

This newly formed California Company specializing in beachwear burst out of the gate and within its first year of operations had already established relationships with over 100 accounts, including 3 national retail chains. The Company had quickly outgrown the owners’ limited working capital contributions which were largely sourced via 401k loans and friends and family advances.  As a result of relying on

IT Staffing & Services Business Obtains Working Capital Facility

The company was founded less than three years ago by two serial entrepreneurs who previously created, built, and sold three IT staffing and services businesses. The company was offered an opportunity to acquire the assets of a larger competitor that was somewhat distressed. The Company was using cash and a Seller’s note to purchase the assets. Challenge: The acquisition target

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