Versant Funding Funds $2.4MM Factoring Facility for Commercial Bakery

Versant Funding recently funded a $2.4 million non-recourse factoring facility for a commercial bakery.

Versant’s non-recourse factoring facility will give the bakery the ability to expand its marketing efforts and increase market share.

Versant Funding's custom non-recourse factoring facilities provide factoring solutions to companies with B2B sales and are designed to fill a void in the market by focusing exclusively on the credit quality of a company's accounts receivable.