Factoring can meet the working capital needs of businesses which have been declined for bank financing or are in a bank's workout department.

1. Funding Bank Declines
Versant Funding's non-recourse factoring program can be an alternative source of
financing for businesses which have been declined by a bank but have good quality
accounts receivable outstanding.
 $100,000 to $10 Million per month
 Advance Rate: Up to 75% against AR
 Non-recourse - No Personal Guaranty
 Closing as quickly as 3- 5 days
We specialize in difficult deals by ignoring our clients' financial condition and
focusing on the quality of their accounts receivable.
This allows us to help a variety of businesses including Manufacturers, Distributors
and an array of Service Businesses which have traits such as:
 Negative Net Worth
 Balance Sheet Issues
 Losses
 Customer Concentrations (up to 100%)
 Start-ups
 Debtors in Possession
 Owners with Weak Person Credit or "Character Issues"
Contact me today to learn if your client would benefit.