Long Code 19893683504 Text Marketing Details
Information about the company:
Capital Business Funding, commonly known as CBF, is a commercial finance company based in Spartanburg, South Carolina. Founded in 2004 by banking and finance professionals Dan Adams and Bill Burton, the company was established to provide asset-based lending and invoice funding with a strong emphasis on personal service. Vince Rees joined the business in 2015 after a long commercial banking career and currently serves as CEO and partner. CBF states that its employees average more than 20 years of experience in banking and related financial fields.
The company primarily serves small and mid-sized businesses that need working capital but may not qualify for conventional bank loans. Its two main financing solutions are invoice factoring and asset-based lending. Through invoice factoring, CBF purchases eligible accounts receivable and converts unpaid invoices into immediate cash. The company states that clients may receive up to 90% of an invoice’s value in advance. The remaining amount, minus the agreed discount fee, is released after the customer pays.
CBF’s asset-based lending option provides revolving access to funds secured by business assets. Eligible collateral may include accounts receivable, inventory, and equipment. Unlike financing tied to individual invoices, an asset-based credit line can give an established company greater flexibility to borrow when operational needs arise. The available financing may also scale as the borrower’s asset base and business grow.
Capital Business Funding works with companies across a broad range of industries. These include manufacturing, staffing, transportation, distribution, wholesale, professional services, IT services, service businesses, and start-ups. Its financing may be used to cover payroll, purchase inventory, support expansion, manage seasonal cash-flow gaps, or meet other day-to-day operating requirements.
According to its website, CBF focuses on customized financing rather than standardized packages. Pricing depends on factors such as invoice size, industry risk, monthly billing volume, and average payment time. The company lists typical invoice-factoring fees of 1.25% to 1.99% per month and a standard advance rate of approximately 85%, although advances may reach 90%. It also says completed applications generally receive a response within 24 hours. Clients may select which receivables to fund, while long-term contracts are not required. The company also states that it does not charge separate processing or lockbox fees.
Overall, Capital Business Funding positions itself as a relationship-focused alternative to traditional commercial banking. Its approach is designed for businesses that value flexible access to capital, individualized financing solutions, and direct support from an experienced team. The company’s corporate office is located at 809 East Main Street in Spartanburg.
Sample text message:
CB Funding: Working capital options 12-36 months. Please confirm your monthly revenue. Reply Help for HELP, STOP to opt out.
Information and details for Long Code 10DLC Code 19893683504
