Non-Recourse Account Receivable Factoring

Working Capital Financing

Non-Recourse Account Receivable Factoring

Funding from $50k to $15 Million per month

No Personal Guarantees

Most Industries are Eligible

Up to 100% Customer Concentration Permitted

Proposals Issued in 24 hours

Funding in as few as 3 – 5 Days

Bring us your bank declines and work-outs

“We Fund the TOUGHEST Deals”

For Details Contact

Chris Lehnes

203-304-9527

clehnes@VersantFunding.com

Chris’s LinkedIn Profile 

 

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Versant Funding provides non-recourse account receivable factoring solutions for small to medium sized businesses. By accelerating cash flow, we help our clients increase sales and profits while reducing write-offs. With deep experience in factoring, Versant combines a creative approach to solving cash-flow problems with prompt funding and total account transparency.

Versant Funding provides liquidity solutions to companies in need of immediate working capital. Our team combines years of financing experience with a commitment to providing hands-on, responsive service and complete transparency.

We are acknowledged experts in non-recourse factoring, the long-established approach to obtaining working capital through the sale of a company’s accounts receivable invoices. We offer full-notification, non-recourse factoring. This means that account debtors – the customers of our clients – are notified to pay Versant directly, and we assume the credit risk of non-payment. For clients, this approach reduces risk and allows for fast funding.

The Versant difference
We understand that when companies need working capital they need it quickly. That’s why Versant provides prompt funding, often within one week of initial contact by a prospect. For ongoing clients, funding is generally provided on the same day that accounts receivable invoices are received.

We deliver timely funding through a proven account management approach that emphasizes personalized service and open communication. Each client is assigned to an experienced Account Executive who handles all aspects of the relationship. Clients receive up-to-date web-based reports that enable them to monitor the performance of their accounts receivable. This ensures complete transparency, allowing clients to plan for future growth while promoting a sprit of true partnership.

Versant works directly with companies seeking financing and through qualified financial brokers. Either way, our highest commitment is to provide fast turnaround, personalized service and complete transparency

We work with B2B businesses in a wide variety of industries including manufacturers, wholesalers, distributors, consulting firms, staffing companies and the garment and furniture industries, among many, many others.

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14 Responses to Non-Recourse Account Receivable Factoring

  1. admin says:

    I have a few initial questions about your project…

    • What is the purchase price for each location?
    • How much of your own cash were you planning to contribute?
    • How much restaurant management experience do you have?
    • How is your personal credit?
    • Have you reviewed the tax returns for these businesses? Do they report adequate income to repay a loan for their purchase and pay you an appropriate salary?

    Thanks

    Chris Lehnes
    203-493-1663

  2. admin says:

    Thanks for reaching out.

    My program can assist B2B businesses raise working capital by factoring (purchasing) their accounts receivable.

    I can not fund the acquisition of distressed real estate.

    Please contact me with any questions.

    Thanks

    Chris Lehnes
    Versant Funding
    203-493-1663

  3. admin says:

    Larry – Please contact me at 203-493-1663 to discuss how my account receivable factoring program can provide your business the cash it needs to grow to the next level. Chris Lehnes

  4. admin says:

    Rick – I’d like to learn more about your project. Please contact me when you have the opportunity. 203-493-1663 – Chris Lehnes

  5. admin says:

    Chris Lehnes
    Versant Funding
    203-493-1663 office

  6. admin says:

    Thank you for your inquiry, but I do not offer that type of financing.

    My program is focused on financing existing B2B businesses with commercial accounts receivable outstanding.

    Please let me know if you have any questions or would like to discuss further.

    Thanks

    Chris Lehnes
    Versant Funding

  7. admin says:

    Richard

    I do not offer that type of financing. My program is focused on financing B2B businesses with commercial accounts receivable outstanding.

    But I have shared your e-mail address with someone who specializes in financing businesses and commercial real estate and may be able to help.

    Good luck!

    Chris Lehnes
    Versant Funding
    203-493-1663

  8. admin says:

    Thanks for your inquiry. My offering is account receivable factoring which allows me to provide financing to B2B business with quality commercial accounts receivable on their books. I would have not way to fund a start-up business such as yours. But once you begin to generate revenue, I would welcome the opportunity to review your account receivable aging for consideration of a factoring facility.

    Best of luck to you in your new venture.

    Chris Lehnes
    Versant Funding
    203-493-1663

  9. admin says:

    Phil – How much unborrowed cash do you plan to contribute to the purchase? What is your experience managing gas stations? Have you reviewed the tax returns of the business? How is your personal credit? Please contact me when you have the opportunity to discuss. Chris Lehnes 203-493-1663.

  10. admin says:

    Robert – While I can not factor medical accounts receivable, I have an associate who specializes in this niche. I have provided him your contact information and you can expect to hear from him tomorrow. Please let me know if I can be of any further assistance. Chris Lehnes, Versant Funding – 203-493-1663

  11. Dear sir,
    Since,I have been associated with corporate finance (SME) OF TATA CAPITAL LTD. as well as BARCLAYS BANK PLC and I have good exposure & experiance of ASSET FINANCE while working in ESCORTS FINANCE and it is pertinent to mention
    that I have good volume of clientel base in NORTHERN INDIA viz UP,UTTARAKHAND,
    NEW DELHI AND DELHI NCR and huge prospect of factoring,bill discounting,project funding,working capital,equipment finance,BG,LC,SBLC ,ASSET RECONSTRUCTION,MERGER & ACQUISITION.

    In the aforesaid connection,I need yours valuable suggestion & guidelines and expecting favourable reply from your end.

    Truly yours,

    Prabhatt Ranjan
    Director m/s VEDANTA FINCORP,INDIA.
    MOBILE-09919351698,9125093601.

  12. Jason Bond says:

    Hey Chris,

    I was looking for financing in real estate…Do you do that along with factoring? It would be a business and real estate..If you could be assistance I can give you further deatils..

  13. I do finance residential and commercial transactions, so if you need any help with referrals that you can not help, let me know. I can do the same.

  14. news says:

    This blog site has got lots of really helpful info on it. Thanks for informing me.

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