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04-24-2024, 01:14 PM #1
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,466
Most will want to review the following:
-2022, 2023, and YTD Income Statements and Balance Sheets
-AR & AP Detailed Agings
-A sample of a few invoices from large customers.
It would be important to know industry and region. A lot of large factors are national. Some specialize in industries. Small needs are usually better suited for a factor in their region. There are about 50 bank owned factoring companies in the US. 26 of the bank owned finance companies are members of the International Factoring Association. The bank owned factors tend to be much more cost effective and can offer other banking services.Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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