Fostrian Business Capital Corporation is an independent commercial lender that specializes in providing working capital loans to financially stressed/emerging companies through accounts receivable financing (factoring). Clients we serve typically are unable to arrange bank financing in the short term but have the foundation in place for long term success. Our credit facilities go up to $2,000,000 and we work with factoring clients in virtually all industries. Headquartered in the Chicago, Illinois Metropolitan Area, Fostrian provides accounts receivable factoring to factoring clients across the United States.
Fostrian’s mission is 100% centered on fostering our clients’ growth and overall emergence to success. Fostrian’s president, Jeff Jentgen, has 18 years of experience in the financial services industry. This experience has been dedicated to assisting the development of growth mode and financially troubled entities.
Profile of a Fostrian Factoring Client
Clients we serve typically have annual sales up to $10,000,000. They are unable to arrange sufficient bank financing because of rapid growth or, in the case of many, their financial statements don't have the strength to meet a bank's underwriting criteria.
Our clients are financially stressed/emerging businesses that have a plan in place to reach their financial objectives. They have busines-to-business accounts receivable, and financing their business through the factoring of these business-to-business accounts receivable is an important element of that plan. They use factoring to bolster their financial strength, and thus as a catapult to eventual bank financing.
Fostrian’s factoring and finance products include:
Fostrian is headquartered in Palos Heights, Illinois (part of the Chicago, Illinois metropolitan area) and is a member of the International Factoring Association. The IFA is a trade association for factoring companies worldwide.