Working Capital Solutions to Help You Reach Your Goals
Accounts Receivable Factoring & Asset-Based Lending Solutions Customized For Success
Seacoast Business Funding provides flexible working capital solutions for businesses to overcome challenges and capitalize on opportunities. Asset-Based Lending & A/R Factoring solutions provide the flexibility, scalability and reliability for many small businesses to quickly generate growth and maintain operations.
Accounts Receivable Factoring
A great solution for businesses to turn outstanding customer invoices into working capital.
What is Accounts Receivable Factoring?
Accounts Receivable Factoring allows businesses to receive an advance on outstanding invoices and outsource credit and collection functions. Once the invoice is paid by the customer we then remit the additional funds to the client minus a nominal fee.
Facilities starting at $250,000 and up.
Asset-based credit facilities
A flexible solution for businesses to utilize their assets as collateral to fund working capital.
What is Asset-Based Lending?
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.
Facilities starting at $1,000,000 and up.