Versant Funding: Factoring Solutions For Small to Mid-Sized Businesses.
Welcome To Versant Funding

Yes.

No, there are no financial statement requirements.

Not always, some clients are new companies that have not yet turned a profit, or they have suffered recent financial losses. Versant looks at the quality of a company’s customers rather than its specific financial condition.

A typical deal can be closed and funded within one week of the initial referral – in some cases a closing can be expedited.
Almost all industries – except medical, trucking and construction – where clients sell a service or goods and their account debtors (customers) have good credit.
In most cases, Versant will look for a minimum monthly volume of no less that $100,000 per month.
No – this is because Versant takes the credit risk based on the factored invoices. Versant does require a Performance Guarantee to assure that the invoices are valid. The principals may be responsible for loss suffered by Versant if there is a non credit problem with the accounts receivable.
A wide range of companies in a multitude of industries, including some with a negative net worth, that are losing money, and often even companies in Chapter 11 Bankruptcy. Companies that have a bank loan secured by its accounts receivable may not qualify for factoring unless the bank agrees to release its lien on the accounts receivable.
Yes, as long as they have credit-worthy customers.
No, factoring is used by many large corporations in the U.S. and globally to improve cash flow, support growth and increase profits. In fact, over $100 billion worth of factoring is done every year in the U.S.
Yes, Versant must notify the account debtor to pay the amounts due to Versant.

That prospective clients provide goods or services to credit worthy customers and that we can verify that the invoices being considered for factoring are accurate.

Our Success Stories

Electronics Manufacturer
Cosmetics Company
Tech Company
Furniture Manufacturer
Start Up Manufacturer
Hotel Booking Company
Oil Services Contractor
Ocean Cargo Transportation Co.
Toy Manufacturer
Metal Fabricator
Pharmaceutical Manufacturer
Energy Bar Manufacturer
NJ Manufacturer
Public High Tech Start Up
Corrugated Box Manufacturer

Scroll to Top