Daily News: May 30, 2013

Veritas Provides Revolver for Factoring/PO Company

Veritas Financial Partners said it successfully closed a $4 million revolving line of credit for a factoring and purchase order funding company in order to support its continued growth and leverage its equity base.

Veritas said the company is a national factor and purchase order funding provider that serves clients of diverse business types, including staffing companies, distributors, importers, light manufacturers and service providers.