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News Stories (7 Results) - Versant Funding

Versant Funding funded a non-recourse factoring transaction to a company which provides maintenance and repair services for state-owned properties. The business recently won a contract with a state entity which will drastically increase revenues... Read Story
November 12, 2024, 07:14 AM


Versant Funding funded a $1.8 million non-recourse factoring transaction to a company which administers group homes for adolescents who are victims of neglect and abuse.This newly formed business has relationships with State and County organizations... Read Story
October 14, 2024, 08:00 AM


Versant Funding funded a $2,400,000 factoring facility for a commercial bakery. Versant's Non-Recourse Factoring Facility will give the company the financial tools it needs to expand its marketing efforts and increase its market share. Versant... Read Story
August 31, 2023, 05:00 AM


Versant Funding is pleased to announce it has funded a $4.8 Million non-recourse factoring transaction to a commercial bakery which serves major grocery chains.Versant’s newest client is a closely held business which has the opportunity to expand by... Read Story
August 01, 2023, 07:07 AM


Versant Funding funded a $4.5 million non-recourse factoring transaction to a MedTech company which provides services to major hospitals and pharmaceutical companies.This venture capital funded business expects to receive an Employee Retention Credit... Read Story
February 03, 2023, 07:14 AM


Versant Funding announced it has funded a $1.2 million non-recourse factoring facility to a distributor serving the academic and commercial medical research communities. This company required a quick infusion of cash as a bridge to a planned capital... Read Story
January 20, 2021, 06:00 AM


Versant Funding LLC announced that industry veteran, Chris Lehnes, is returning to his role of Business Development Officer based in Fairfield County, CT. Lehnes will be responsible for originating non-recourse accounts receivable factoring... Read Story
October 10, 2019, 08:50 AM