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48 Factoring News

48 Factoring Inc. Achieves $10 Million Funding Milestone

PHILADELPHIA, December 19, 2016

Today 48 Factoring Inc. announced the attainment of $10 million funded to small businesses since the company's inception. Many of these placements occurred in the greater Philadelphia area, but the company has also continued to expand its geographic presence to adjacent markets as well. This benchmark was achieved only two years after the company was formed.

George Bessenyei, director, commented as follows:

"We are thrilled to be able to help businesses throughout the area achieve their capital objectives and assist in the obtainment of their business goals. I am grateful to see that our efforts to provide top-notch customer service and attract the most talented and hardworking staff have paid off. We look forward to continuing to serve small businesses throughout the region."

About 48 Factoring Inc.

48 Factoring Inc. is a Better Business Bureau accredited financial services company using proprietary software technology to assess funding risk and create innovative solutions to help small businesses grow. Its unique Factoring 2.0™ financial product is tailored to small, fast-growing companies in need of working capital. As a result, 48 Factoring markets its services directly to small business owners. Incorporated in March 2014 and headquartered in Philadelphia, Pennsylvania, the company is led by experienced managers and staff with decades of experience in the field.

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Sandra Sheehan
T: 1-84-48-FACTOR (1-844-832-2867)