Quantum Corporate Funding, Ltd., a nationwide firm specialising in alternative funding for small to medium-sized companies, is aggressively seeking factoring and asset-based lending portfolios of up to US$15 million. A leading construction contractor financing source for over a decade, Quantum is now expanding its portfolio of manufacturing, distribution and service clients.
"As independent factors and asset-based lenders are being acquired by large financial corporations, many of their smaller clients are falling through the cracks or finding that it is not as easy to secure financing as it once was," said Howard Chernin, Senior Vice President of the Manhattan-based company. "Because Quantum specializes in assisting small to medium-sized companies -- with annual revenues between US$1 million and US$20 million -- we are offering to purchase portfolios (or portions of portfolios) that include those smaller clients."
