Debtor-in-Possession Financing – Funds for businesses in a reorg
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Debtor-in-Possession Financing – Funds for businesses in the midst of a reorganization Continue reading
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Spirit Airlines Begins Bankruptcy Restructuring
Spirit Airlines Begins Bankruptcy Restructuring Spirit Airlines has initiated a Chapter 11 bankruptcy process as part of a comprehensive restructuring strategy. This step, taken under a pre-arranged Restructuring Support Agreement (RSA), aims to reduce the airline’s $3.3 billion debt burden … Continue reading
Explanation: Notification and Verification Process
Notification and Verification Continue reading
Updates to Subchapter V of Bankruptcy Code
The Senate is considering an extension of the Subchapter V debt sublimit within Chapter 11 bankruptcy filings following the introduction of legislation that would push out the expiration date for the $7.5 million threshold to 2026. Continue reading
Red Lobster Considers Bankruptcy – The Impact of “Endless Shrimp”
Red Lobster’s contemplation of bankruptcy underscores the challenges facing even well-established dining establishments. The iconic seafood chain, known for its Cheddar Bay Biscuits and diverse menu offerings, finds itself at a critical juncture as it grapples with financial woes exacerbated … Continue reading
Factoring Proposal Issued -$400,000 – Non-Recourse – Service Provider
View more recent proposals Connect with Factoring Specialist, Chris Lehnes on LinkedIn
Video: What is the structure of a factoring facility?
Video: What is the structure of a factoring facility? Terms vary by factor. Most usually consist of an initial advance of 75% to 90% against accounts receivable. Factoring fees (aka discount rates) range from 1% to 3% of the invoice … Continue reading
Q&A – Chris Lehnes Discusses Spot Factoring
Versant Funding worked with a software company in the Midwest to provide a non-recourse spot factoring transaction in support of the company’s sale to a private equity group. Chris Lehnes, a business development officer for Versant Funding, explained the intricacies … Continue reading
Factoring: Funding a Confidence Boost
Factoring: Funding a Confidence Boost
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Factoring: A “Fast Break” to Funding – Quick Cash to Thrive
Factoring: A “Fast Break” to Funding Factoring Program Overview In about a week, we can advance cash against accounts receivable. Contact me today to learn if your client could benefit from factoring. We are your funding source for challenging deals: … Continue reading