“Purchase-order financing, account-receivable financing, and asset-based lending are other descriptions of what we do, but it’s all about what your assets are and how we can advance on the assets you already have.” – Jon Shane

Jon Shane is the Vice President for Broker Relations at SouthStar Capital, an asset-based private lender with in-house closing, underwriting, and account management. A commercial lending institution that specializes in accounts receivable, payroll funding, and purchase-order financing, SouthStar Capital provides custom financial solutions from its diverse product mix to help its customers meet their unique cash flow needs. Jon holds a Bachelor of Science in Education from the University of Wisconsin-Stevens Point and a Master’s of Ministry in Biblical Studies from Northland International University.

Jon joins us today to discuss purchase-order financing and SouthStar’s asset-based lending services. He describes his role and responsibilities as the Vice President for Broker Relations at SouthStar Capital. He differentiates asset-based lending from other financing structures and outlines different terms that describe the asset-based lending structure. Jon also highlights how asset-based lending can help small businesses create cash flow and grow their accounts receivable.

This week on Breaking Barriers:

  • SouthStar’s asset-based lending services and Joe’s role and responsibilities in the organization
  • Risks and rewards related to asset-based lending and purchase-order financing
  • Invoice factoring and accounts receivables funding
  • Merchant cash advance loans and how asset-based lending is different from payday loans
  • Understanding and making smart, strategic purchases

Connect with Jon Shane:

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