Seacoast Business Funding | Asset-Based Lending & Invoice Factoring

Deals Funded

Thriving Company Increased Line of Credit to Support Growth

$22 million Factoring Facility for oil field and drilling.

Large Staffing Firm Confidently Meets Payroll with Asset-Based Lending Solution

$20 million Factoring Facility to a light industrial, warehousing and food preparation staffing firm.

$12 million Factoring Facility for a staffing firm.

$6 million Asset Based Facility for a IT consulting and staffing firm.

$3.5 million Factoring Facility to a manufacturer of pool heating and water treatment systems.

$1.5 million Factoring Facility for a retail, IT, and medical staffing firm.

$750,000 Factoring Facility for an IT services provider.

$500,000 Factoring Facility for a janitorial staffing firm.

Refer A Client

prospect profile

  • $1 million and up in annual revenue
  • B2B Industries: Staffing, Manufacturing, Distribution, Business Services generating commercial accounts receivables
  • Expecting  growth that will outpace current financing.
  • Credit worthiness based on quality B2B accounts receivables.

Seacoast Does Not Fund:

    • PO Financing
    • 3rd Party Medical Billing in the name of individuals
    • Funding for Progress Billings
    • Construction Invoicing
    • Equipment as stand-alone loan

product offerings

  • Invoice Factoring
  • Asset-Based Lending
  • Payroll Funding

Transaction sizes starting at $250K- $30 million.

Refer A Client.

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Online and Mobile Policy | Social Media Terms of Use

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.

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