River Edge, NJ (PRWEB) April 26, 2011
Silverstreak Funding announces a new financing option that helps sales organizations, distributors and dealer networks find retail financing programs for their customers, especially if they have been turned down elsewhere or are in need of a 'second source' for different credit profiles.
"Many consumers have seen their credit lines completely cut or severely restricted in the wake of the financial crisis. In addition, many retailers have seen large banks and finance companies refuse to offer retail financing for their customers. However, we have a special edge in helping these types of organizations find a program that will help them increase sales." said Neal Coxworth, of Silverstreak Funding
Coxworth went on to say that many types of businesses are considered "off limits" for the largest providers of retail financing given the new financial landscape since the 2008 meltdown. These are the businesses that Silverstreak aims to serve.
"Capital is still severely restricted on many levels, even for the largest of companies. This has left many smaller and medium companies handicapped in what they can realistically offer in financing for their products and services. We are able to leverage our relationships in the marketplace to find a suitable program for many sales organizations."
The company, through a business relationship, has the ability to place small, medium and large businesses with both primary and secondary programs, even in today's tight credit markets and for hard to fund products and services, such as ecommerce companies.