Factoring

Seacoast Closes Factoring Facility for Software Product Incubator

Seacoast Closes Factoring Facility for Software Product Incubator

Boynton Beach, FL – December 03, 2018 – Seacoast Business Funding closes $2,000,000 factoring facility for software programming and project management firm.  The South Florida based company specializes in developing innovative software solutions in the fast-paced and ever-changing IT segments of, Augmented Reality/Virtual Reality, Robotics, and Cryptocurrencies.  The Company was faced with customers demanding extended credit …

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Invoice Factoring Resolves Product Backlogs for Components Distributor

Invoice Factoring Resolves Product Backlogs for Components Distributor

Boynton Beach, FL – October 2, 2018 – Seacoast Business Funding announced the closing of a $2,000,000 factoring facility for a global supplier and distributor of electronic components.  The Company’s reliance on self-funding was unsustainable and causing operational constraints.  The Company will be utilizing the proceeds of the factoring facility to resolve product backlogs and to …

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Tower Service Providers, Ready for the 5G Spectrum Repack

Tower Service Providers, Ready for the 5G Spectrum Repack

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 …

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Surviving the Demands of the Produce Industry

Surviving the Demands of the Produce Industry

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 …

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