EquiFin, Inc. (AMEX:II AND II,WS), today reported third quarter and nine-month results for the period ended September 30, 2002.
EquiFin, its subsidiaries and principals have been providing term loans, revolving lines of credit, factoring services and other capital solutions to a broad range of businesses for over thirty years. EquiFin’s major fundings are conducted by its subsidiary, Equinox Business Credit Corp. (EBCC), which provides asset-based lines of credit and term loans. Equinox Factors, a division of EBCC, provides factoring to smaller business enterprises with annual revenues of less than $3,000,000. Factoring facilities provided by Equinox Factors generally range from $30,000 to $300,000.
