Seacoast Business Funding is comprised of industry experts, with over 30 years of experience creating custom Invoice Factoring, Payroll Funding, and Asset-Based Lending solutions.
When you implement a customized financing solution your business benefits by having a steady source of cash-flow to help you cover payroll, purchase raw materials & inventory, prevent production & delivery delays, utilize supply-side discounts and extend customer credit.
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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.