Kortney Murray, CEO/Founder of Coastal Kapital, LLC, is on New to The Street. Talking with TV Hosts Jane King at the Nasdaq MarketSite studio, Kortney gives talks about the Company. Founded in 2007 and located in Florida, Coastal Kapital is a non-bank and non-credit report funding source focusing on asset-based lending, working capital needs, equipment leasing, business loans, merchant processing, and real-estate backed funding. Kortney explains that they fund a business, not on a credit score or data-driven targets as banks do but look at the whole operation looking for money. The people behind a business are key to success, and if those business owners are sincerely committed to their operations, then most likely, Coastal Kapital will fund them. Banks will not offer start-ups and those with past credit problems funds, but banks refer those clients to Coastal. Funding can occur for most asset purchases if the asset isn’t a vehicle with many miles. Banks will not look at assets over ten years old; Coastal will and offers a direct private purchase service for clients buying assets in a 3rd party transaction. 3rd party private transactions are immediate without waiting for a manufacturer to produce and deliver, which can take weeks to months. They can work with auction houses, getting a pre-approval in place for clients so they can bid effectively. Coastal Kapital, LLC is a growing national entity, and it offers clients not just capital sources but assists with marketing and advertisements. Coastal Kapital, LLC continues to grow regardless of current macroeconomic conditions and its services are available nationwide. The on-screen QR code is available during the show; download or visit Coastal Kapital, LLC – https://coastalkapital.com/.
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