Factoring: A Cure for the Credit Crunch – Quick Access to Cash
High interest rates and bank failures have incentivized many institutions to preserve capital and limit their lending activities.
This makes financing more difficult to obtain for many small businesses.
We are not a bank and is not impacted by these trends.
Our partners have ample capital to put to work and are actively seeking businesses in need of funding
Our focus is solely on the quality of a company’s accounts receivable and we do not underwrite our clients’ financial performance.
This enables us to fund businesses which do not qualify for traditional lending, but have receivables due from strong customers.
Program Overview
- $100,000 to $10 Million
- Competitive Advance Rate
- Non-recourse – No PG
- Flexible Term
- Most businesses with strong customers are candidates.
We fund difficult deals:
- New Businesses
- Highly Leveraged
- Reporting Losses
- Customer Concentrations
- Weak Personal Credit
- Character Issues
In about a week, we can advance against outstanding accounts receivable to qualified businesses experiencing a credit crunch.
Contact me today to learn if your client could benefit.
Chris Lehnes
203-664-1535
| Chris Lehnes 203-664-1535 clehnes@VersantFunding.com My YouTube Channel |
I am interested in funding for small business.
Hi Omar
Give me a call at 203 664 1535 or email me at clehnes@chrislehnes.com with any information about your financing needs.