Unprofitable Businesses often find securing financing a challenge. Many lenders are focused on the financial performance of their borrowers and will quickly decline businesses without sufficient historic and projected debt service coverage.
Versant’s factoring program can be a readily-accessible source of financing for businesses which are not generating profits, but have accounts receivable due from creditworthy customers.
When evaluating a company for financing, Versant focuses exclusively on the quality of their accounts receivable. That enables us to fund businesses which are do not meet traditional lending standards.
Program Overview
- $100,000 to $30 Million
- Quick AR Advances
- No Long-Term Commitment
- Non-recourse
- Flexible Terms
We are a great match for businesses with traits such as:
- Less than 2 years old
- Negative Net Worth
- Losses
- Customer Concentrations
- Weak Credit
- Foreign Ownership
- Character Issues
Our AR-centric approach enables us to move quickly and fund qualified businesses including Manufacturers, Distributors and a wide variety of Service Businesses (including SaaS) in as few as 3-5 days.
Contact me today to learn how your client can use factoring as a bridge to profitability.
Unprofitable Businesses often find securing financing a challenge. Many lenders are focused on the financial performance of their borrowers and will quickly decline businesses without sufficient historic and projected debt service coverage.
Versant’s factoring program can be a readily-accessible source of financing for businesses which are not generating profits, but have accounts receivable due from creditworthy customers.
When evaluating a company for financing, Versant focuses exclusively on the quality of their accounts receivable. That enables us to fund businesses which are do not meet traditional lending standards.
Program Overview
- $100,000 to $30 Million
- Quick AR Advances
- No Long-Term Commitment
- Non-recourse
- Flexible Terms
We are a great match for businesses with traits such as:
- Less than 2 years old
- Negative Net Worth
- Losses
- Customer Concentrations
- Weak Credit
- Foreign Ownership
- Character Issues
Our AR-centric approach enables us to move quickly and fund qualified businesses including Manufacturers, Distributors and a wide variety of Service Businesses (including SaaS) in as few as 3-5 days.
Contact me today to learn how your client can use factoring as a bridge to profitability.