Savtira Corporation Secures $1.7M Accounts Receivable Line from AmeriFactors Financial Group

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The agreement provides working capital and allows Savtira to keep pace with its hyper revenue growth plan.

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AmeriFactors enables visionary companies like Savtira to move quickly when growing and developing internal infrastructures, said Timothy M. Roberts, CEO of Savtira.

Savtira Corporation, a provider of B2B Cloud Commerce solutions, today announced the company has agreed to terms with AmeriFactors on a $1.7 million Accounts Receivable line that will help Savtira garner more share of the enormous e-commerce market.

AmeriFactors, (http://www.amerifactors.com) an Orlando, Florida based company for more than 23 years is a collaborative proponent of start-up businesses, supporting their cash flow needs and growth through non-recourse accounts receivable financing.

“They are the right partner at the right time,” said Timothy M. Roberts, President and CEO of Savtira. “AmeriFactors enables visionary companies like Savtira to move quickly when growing and developing internal infrastructures."

Savtira is a Software-as-a-Service (SaaS) Cloud Commerce solutions company poised to inject new life in to large e-tailers, traditional retailers, computer OEMs, cable operators, broadcast affiliates, publishers, content developers/distributors and other Fortune 500 companies. AmeriFactors understands and supports Savtira’s goal to bring these types of companies to market faster by leveraging its robust, enterprise class cloud-based platform.

“We look forward to assisting Savtira as the company continues its rapid growth,” said Kevin Gowen, founder and president of AmeriFactors. “It’s always a pleasure to have the opportunity to finance a fast growing company like Savtira, to help them in reaching their goals.”

About Savtira
Savtira is in the business of digital distribution with a Software-as-a-Service (SaaS) ecommerce platform that provides a turnkey system for the distribution, marketing, merchandising, and sale of digital media and physical goods in a single store, and in a single, unified shopping cart. Savtira-powered eStores are designed to meet the specific needs of retail partners and are custom-branded for each one. To facilitate the delivery of digital content, Savtira is building a new-generation, carrier-class Entertainment Distribution Network (EDN), streaming all digital media from the cloud, with a feature set that eclipses anything on the market. The company is headquartered in Tampa, Fla., and has an office location in the United Kingdom. For more information on Savtira, visit: http://www.savtira.com or call 813.402.0123. Follow us on Twitter at: http://www.twitter.com/savtira.

Savtira is a registered trademark. All other product and service names mentioned are the trademarks of their respective companies.

Media Contact
Savtira Corporation

Direct: (813) 440-3841    
PR(at)savtira(dot)com
http://www.Savtira.com

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