Factoring: Funding the Energy Industry

Our Accounts Receivable Factoring program can quickly meet the working capital needs of businesses in the energy industry.

Versant’s underwriting focus is solely on the quality of a company’s accounts receivable, which enables us to rapidly fund businesses which do not qualify for traditional lending.

Factoring Program Overview

  • $100,000 to $30 Million
  • Non-recourse
  • Flexible Term
  • Ideal for B2B or B2G

We fund challenging deals:

  • Start-ups
  • Losses
  • Highly Leveraged
  • Customer Concentrations
  • Weak Personal Credit
  • Character Issues

In about a week, we can advance against accounts receivable to qualified manufacturers, distributors or service providers in the energy sector.

Contact me today to learn if your client could benefit.

Comments (0)

Your email address will not be published. Required fields are marked *