Versant Funding recently closed a $1 million factoring facility for a toy manufacturer based in New England. The company had an immediate need for cash to pay a key supplier, and without funding it would be unable to meet their shipping deadline on several large purchase orders. The non-recourse factoring facility provided by Versant Funding allowed the company to meet its shipping window and continue its growth.
Versant Funding
Versant Provides Factoring Facility for Toy Manufacturer
September 18, 2015
Specialty Finance
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