Undoubtedly, manufacturing has had to adapt to overcome in the past few years. It’s one of the industries most affected by the global health pandemic. Manufacturing companies are struggling to keep up with the capital needed to maintain output, supply their goods to their clients, and keep employees. Therefore, capital is one of the most …
Working capital is an essential part of all business operations. Many businesses struggle with a steady source of cash flow due to their reliance on customer payments. At Seacoast, we focus on a long-term strategy designed to ensure your company has the capital it needs to flourish way into the future. Business Funding Strategy and …
Business Funding Accelerating Your Company’s Growth Read More »
Everything You Need to Know And More to Help Your Business Reach Its Goals Many businesses utilize sales collections as working capital in order to support payroll, expenses, purchase inventory & equipment and expand. What happens when relying on sales collections is not sustainable, especially if a business is not paid for 30 days or …
Benefits of Asset-Based Lending & Invoice Factoring For Businesses Read More »
*Asset-Based Lending provides working capital as a structured revolving line of credit based on a percentage of the value of the company’s assets**, such as commercial accounts receivables, inventory, machinery and equipment.
The borrowing base for ABL facilities can be up to 90% on commercial accounts receivables and up to 50% on inventory and machinery. **Commercial Accounts Receivables should comprise the largest percentage of the combined assets.
