Financing for Workouts and Declines
Channel: Chris Lehnes | Factoring Specialist
Date: 2019-12-27

Versant Funding's non-recourse accounts receivable factoring offering can be an alternative source of financing for businesses which are currently in default with their lender or have recently been declined by a bank (or another factoring company) but have good quality accounts receivable outstanding.


Program Overview:

*Factoring from $100,000 to $10 Million per month
*Advance Rate: Up to 75% against accounts receivable
*Non-recourse - No Personal Guaranty
*Closing as quickly as 3- 5 days

We specialize in difficult deals and are able to help a wide variety of B2B Businesses which have traits such as:

*Negative Net Worth
*Balance Sheet Issues
*Losses
*Debtor Concentrations – including single debtor
*Start-ups
*Poor History/Credit Scores or Bankruptcy

Contact me today to learn how Versant can help your tough-to-finance clients.

Chris Lehnes
Factoring Specialist
Versant Funding
203-664-1535
clehnes@chrislehnes.com
www.chrislehnes.com