DENVER--(BUSINESS WIRE)--CSI Holdings LLC (CSI Holdings) announced earlier this week the establishment of its Denver-based headquarters for CSI Financial and CSI Factoring. The small business financing companies will provide flexible financing solutions to small and lower-middle market companies unable to secure traditional funding.
CSI Holdings CEO Christopher A. Smith and CFO Dennis O’Carroll selected Denver for the company’s home office because of the relative health of the Colorado economy as well as the vibrant Denver business community.
The rising demand for risk-adjusted products
Financing products such as those offered through CSI Financial and CSI Factoring enable fast-growing, transitional or restructuring businesses to obtain the working capital they need by financing the company’s accounts receivable and other eligible collateral.
“We believe the continued consolidation of traditional financing sources creates an attractive opportunity for the products we offer through CSI Financial and CSI Factoring,” said Mr. Smith.
According to Mr. O’Carroll, in 2009 the Colorado ABL market exceeded $11.5 billion and factoring in the Southwest Region surpassed $4.6 billion over the same period.
“The majority of our national competitors seek transactions valued above $5 million and regional lenders target deals starting at $2 million and above,” he said. “CSI will differentiate itself by servicing small and lower-middle market companies with financing needs ranging from $50,000 to $1 million.”
A business model that means business
CSI Financial and CSI Factoring focus on the direct origination of loans to qualified businesses that meet the risk and return parameters. The ability to customize deal structure enables CSI to execute deals that the single product competitor may not be able to fund.
“Professionalism, the ability to develop flexible financing solutions and our efficient credit approval process position us to be the preferred lender for the small and lower-middle market borrower,” adds Mr. Smith.
About CSI Holdings LLC:
CSI Holdings LLC is a diversified commercial finance company with a niche of lending to small-scale businesses. CSI Holdings specializes in originating, structuring and providing customized financing to commercial borrowers through asset-based lending (CSI Financial) and factoring (CSI Factoring). Visit us at: www.csifinancial.net