Deal Summary

Group Home Provider for Adolescents in Need

$1,800,000

Non-Recourse Factoring

Versant Funding

Deal Notes:

The factoring facility provides liquidity to the business by advancing cash against slow-paying invoices from state and county organizations. Versant focuses solely on the quality of receivables and does not require client underwriting.

Industry:

Social Services / Healthcare

Role:

Lender

Event:

Expansion

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