Versant Funding funded a $4 million non-recourse factoring facility for an aerospace machining and engineering company. The facility enabled the company to pay off an asset-based lender while also providing liquidity to meet pent-up demand.
Versant Funding is a provider of non-recourse factoring solutions to businesses in need of liquidity. Versant Funding’s custom non-recourse factoring facilities focus exclusively on the credit quality of a company’s accounts receivable. Versant Funding offers non-recourse factoring solutions to companies with B2B sales.
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.
For more information, contact Chris Lehnes at 203-664-1535 or clehnes@chrislehnes.com
Press Release – $4 Million – Non Recourse – Aerospace Machining