Seacoast Provides Invoice Factoring Facility for Staffing Firm
Boynton Beach, FL – November 15, 2018 – Seacoast Business Funding, announced a $12,000,000 invoice factoring facility for a northwestern based
Boynton Beach, FL – November 15, 2018 – Seacoast Business Funding, announced a $12,000,000 invoice factoring facility for a northwestern based
Boynton Beach, FL – October 2, 2018 – Seacoast Business Funding announced the funding of a $1,000,000 asset-based lending financing for
Accounts Receivable Factoring Supports Growth Boynton Beach, FL – October 2, 2018 – Seacoast Business Funding announced the funding of a
Boynton Beach, FL – October 2, 2018 – Seacoast Business Funding announced the closing of a $2,000,000 factoring facility for a
Boynton Beach, FL – August 14, 2018 – Seacoast Business Funding announced the funding of a $2,000,000 working capital line for
Boynton Beach, FL – April 16, 2018 – Seacoast Business Funding closed an $8,000,000 Asset-Based Lending facility for a southeastern based
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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.