Versant Funding LLC Announces Factoring Facility
January 13, 2020
Source: Versant Funding LLC
Versant Funding LLC is pleased to announce it has funded a $3,000,000 non-recourse factoring facility to a growing uniform manufacturer based in the Northeast.
“Versant’s offering was an excellent match for this relatively new, but expanding business,”according to Chris Lehnes, Business Development Officer for Versant Funding and originator of this financing opportunity. “We do not set a cap on our factoring facilities. So provided our client continues selling to strong customers, as the business grows, so does its access to cash,” Lehnes added.
About Versant Funding
Versant Funding's custom Non-Recourse Factoring Facilities have been designed to fill a void in the market by focusing exclusively on the credit quality of a company's accounts receivable. Versant Funding offers non-recourse factoring solutions to companies with B2B sales from$100,000 to up to $10 Million per month. All we care about is the credit quality of the A/R.
Contact:
Chris Lehnes, Business Development Officer
203-304-9527
