Asset-Based Lending

Seacoast Business Funding Provides $1,000,000 in Financing for a Commercial Bakery

Seacoast Business Funding Provides $1,000,000 in Financing for a Commercial Bakery 

Press Releases / By

Boynton Beach, FL – October 2, 2018 – Seacoast Business Funding announced the funding of a $1,000,000 asset-based lending financing for commercial bakery based in the southeast..  The Company was recently purchased by an investment group in an effort to return the company to profitability.  The Company will utilize the newly establish line of credit to …

Seacoast Business Funding Provides $1,000,000 in Financing for a Commercial Bakery  Read More »

Tower Service Providers, Ready for the 5G Spectrum Repack

Tower Service Providers, Ready for the 5G Spectrum Repack

Small Business Funding / By

Ever stop and think about the towers that provide our 4G LTE service, probably not; because it is so common-place, that unless there is a major interruption, we don’t think twice on how we access our apps, texts, and emails. In late February we spoke on a panel regarding working capital tools and challenges in …

Tower Service Providers, Ready for the 5G Spectrum Repack Read More »

Surviving the Demands of the Produce Industry

Surviving the Demands of the Produce Industry

Accounts Receivable Funding / By

The United States consumes a large amount of fruits and vegetables the top being potatoes and orange juice, according to the USDA. The produce industry has changed dramatically over the last several years, as large retailers and food service companies have had to adapt their business models to meet the demands of the end-consumers.  Most of …

Surviving the Demands of the Produce Industry Read More »

COMPANY

  • Phone: 800.619.0804

SOLUTIONS

RESOURCES

Linkedin Twitter
Seacoast Business Funding Logo in White
© Copyright 2022 Seacoast National Bank. All Rights Reserved. Member FDIC.

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.

Scroll to Top