Here are some other stories about DST:

• British soldiers synchronized their watches on the front line during World War I, and some of the first people to adopt DST did so in World War I.
• In 1918, the United States implemented DST with the Standard Time Act as a wartime measure for seven months during World War I.
• In 1916, the Germans adopted DST to help save energy.
• During World War II, President Franklin Roosevelt re-established the idea of DST. Year-round DST, or “War Time”, was implemented again during World War II.
• In 1987, President Ronald Reagan signed the Federal Fire Prevention and Control Act of 1986 into law, which amended the starting date of DST to the first Sunday in April. 

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
• 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

clehnes@chrislehnes.com