Seacoast Business Funding secured $14.5 million in accounts receivable facilities, adding three new companies to its portfolio.
Seacoast Business Funding added Stacey Huddleston as vice president and business development officer. Huddleston will be based in the Midwest and will focus on expanding the Seacoast portfolio in the region.
The International Factoring Association appointed five new advisory board members, including Jay Atkins of Seacoast Business Funding, Oscar Rombolà of eCapital, Greg Salomon of Oxygen Funding, George Thorson of Triumph Business Capital and Debra Zukonik of Dare Capital.
Seacoast Business Funding added John Church as VP and business development officer. Church is based on the West Coast and will focus on cultivating and growing the Seacoast portfolio in the region.
Seacoast Business Funding hired Albert Delgado as vice president and business development officer. Delgado is based on the West Coast and has 30 years of experience in the invoice factoring and asset-based lending industries.
Seacoast Business Funding closed a $650,000 factoring facility for a Southeast-based importer that distributes hardware and fasteners for masonry applications on a national basis.