Breakout Capital, SecurCapital subsidiary launches “FactorBridge”.
● Breakout Capital LLC launches new product
● FactorBridge will minimize the cost of capital over a short period of time.
Los Angeles, CA, June 10, 2020 - Breakout Capital, LLC a SecurCapital Corp subsidiary recently launched a new product for their factor partners.
With the “FactorBridge” solution, Breakout Capital has added more firepower for their factoring partner to acquire new revenue. A short-term bridge option becomes the catalyst to replace debt obligations that would otherwise not qualify a customer for factoring.
“We are happy to see that our subsidiary, Breakout Capital, is offering additional resources to accommodate their existing clients. At this time, being considerate and helpful is just what people need,” said Steve Russell, CEO of SecurCapital.
Breakout Capital provides early and aggressive repayment incentive discounts. With the help of the new product “FactorBridge”, Breakout Capital will minimize the cost of capital over a short period of time (up to 60-days) for a factor’s client. Underwriting, noticing debtors, and verifying invoices is managed by the Breakout team to provide the factor and their client a timely solution to immediate cash flow.
About SecurCapital
SecurCapital is a supply chain finance company empowering logistics and small businesses. The company was founded in 2018 and is operated by logistics, cloud pioneers and lending veterans. SecurCapital offers privately owned small and mid-sized businesses and start-up companies access to working capital, term loans and mission-critical services.
About Breakout Capital
Breakout Capital, headquartered in McLean, Virginia, has been and will continue to be a leading fintech company, offering innovative small business lending solutions across the country. As part of SecurCapital, Breakout Capital will remain committed to transparent and responsible lending solutions through product innovation, small business borrowing education, and advocacy against predatory lending practices and will continue to empower small business through right-sized lending, suitability testing, improving terms and supporting the long-term financing objectives of small businesses. Breakout Capital has been widely regarded as the “white-hat” lender in the alternative finance space and intends to retain that reputation as part of SecurCapital.
FOR ADDITIONAL INFORMATION:
SecurCapital Corp www.securcapital.com
CONTACT:
Public Relations and Media Contact:
Phone: 253.457.7917
Email: starasova@securcapital.com
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