Versant Funding funded a $4.8 million non-recourse factoring transaction for a commercial bakery that serves major grocery chains.
Versant Funding funded a $4.5 million non-recourse factoring transaction for a medical technology company that provides services to major hospitals and pharmaceutical companies.
Versant Funding funded a $5 million non-recourse factoring transaction to a tech company which sells hardware and software to major media companies.
Versant Funding closed a $3 million non-recourse factoring transaction for a supplier to the oil and gas industry.
Versant Funding funded a non-recourse spot factoring transaction to a Midwest-based software provider.
Versant Funding funded a $900,000 non-recourse factoring facility for a distributor of personal protective equipment.
Versant Funding funded a $1.5 million non-recourse factoring facility for a national distributor of CBD-infused body care products.
Chris Lehnes is returning to his role of business development officer at Versant Funding, based in Fairfield County, CT.
Live Oak Bank will now provide conventional asset-based lending products to small- and medium-sized companies across the country.
Gibraltar Business Capital announce that Chris Lehnes, a 20-year veteran of small business lending, joined its team.