Versant Funds $2.5 Million Non-Recourse Factoring Facility to SaaS Provider

(October 16, 2025) Versant Funding LLC is pleased to announce that it has
funded a $2.5 million non-recourse factoring facility to a company that provides
software and consulting services to major multinational companies.

The factoring company this business had relied upon for many years to meet its
working capital needs refused to fund against invoices from a few key accounts.
The resulting cash shortfall was reducing the company’s ability to service its
customers.

“Versant focuses solely on the credit quality of our clients’ customers,”
according to Chris Lehnes, Business Development Officer for Versant Funding,
and originator of this financing opportunity. “Since the company’s key accounts
were financially strong entities, we were willing to factor all their invoices,
greatly improving the company’s cashflow and ability to meet customer
expectations.”

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 or B2G sales from $100,000 to $30
Million per month. All we care about is the credit quality of the A/R. To learn
more contact: Chris Lehnes|203-664-1535 | clehnes@VersantFunding.com