Transaction Size:

$10,000 to $10 Million in monthly factoring volume

Industry Focus:

We are active in most industries where companies sell a product or service and their customers have good credit. 

Underwriting Criteria:

In evaluating a company, we look closely at the credit worthiness of our clients’ customers.

As a factor, we are less concerned with the strengths and weaknesses of a company’s balance sheet. In fact, we consider companies with a negative net worth, companies that are losing money and even companies in Chapter 11 bankruptcy for factoring.

Companies with little or no credit history may qualify for factoring, provided they have credit-worthy customers.

Again, our primary concern is the strength of the company’s accounts receivable and our ability to purchase the accounts receivable free of any bank liens.

Thus, companies with a bank loan secured by its accounts receivable may not qualify for factoring unless the bank agrees to release its lien.

Use of Funds: Companies need capital for a variety of reasons.

We provide funding for a wide range of uses, including:

• Project Financing
• Business Growth Financing
• Business Acquisition Financing
• Bridge Financing
• Financing Working Capital Needs
• Realization of Supplier Discounts
• Preparation for High Season
• Crisis Management
• Debtor-in-Possession (DIP) Financing

For Details Contact

Chris Lehnes

203-664-1535

clehnes@chrislehnes.com 

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