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The Credit Crisis

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The subprime meltdown has fueled an unprecedented housing crisis and credit crunch, with no bottom in sight. Many economists estimate we are entering stage two of a six stage meltdown, suffocating homeowners and businesses alike. Since late 2006, 257 major US lending operations have imploded as of May 2008. Subsequently, risk tolerance for the surviving banks is at a historic low. The business owner just doesn't have near the finance options it once had.

The business finance option known as Factoring was already a 150 billion dollar industry before 2006. But now, the demand for Factoring has never been greater as this industry is immune to components that affect the banking community. Widely practiced in North America and Europe, and for centuries, Factoring is a most powerful business finance tool. Businesses small and large must get to know it...

 

"Many of our clients who were previously unfamiliar with Factoring
came to us after feeling the effects of the credit crunch and bank insolvency."

"...Now they wonder why they ever gave the bank their first LOOK."

 

 

 

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