Credit Enhancement: Supplier Assurance Letters

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When your customer demands credit and your supplier demands cash, you might need more than standard factoring provides.

A supplier assurance letter, written by Riviera Finance on your behalf, can convince your supplier to sell you the materials you need ON CREDIT, long enough to deliver a finished product to your customer.  This transition credit can be a launching pad for your company’s success.

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Small Business Lending at Highest Level Since 2007

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The Thomson Reuters/PayNet Small Business Lending Index rose to 120.4 in October, its highest level since August 2007.  This is generally seen as a positive leading indicator for the U.S. economy, as small businesses step up their borrowing to handle growth in orders.  Supporting this trend, PayNet also reports that delinquencies as a percent of loans set a record low in October.

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