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Angelo Sferrazza, President, The Bridge Fund, Assists A Chemical Company Operating In The Southwest Region Of The USA Develop Captive Finance Company

Top Quote Angelo Sferrazza feels the best answer for a Chemical Company located in the Southwest to help their clients counteract stringent traditional lending criteria when purchasing the company's paint and fabric product, is to develop their own Captive Finance Company. He extends funding and financial mentoring to help the company accomplish this goal and develop a new distribution network. End Quote
  • (1888PressRelease) November 24, 2010 - Angelo Sferrazza President, The Bridge Fund, has provided co-funding to a new chemical company to use for developing a captive finance company to facilitate financial loans for the company's clients.

    A portion of Mr. Sferrazza's funding into this company will be used to establish a 'captive finance company.' Given the difficulty in locating financing because of the stringent criteria most traditional lenders have adopted during this economic downturn, Mr. Sferrazza feels a captive finance company will be a beneficial service for the chemical company's dealers and also provide positive financial opportunities in the future. Mr. Sferrazza has had previous experience with establishing captive financing companies for the Auto industry. His experience in this field will prove invaluable to this chemical company, as well as the financial and mentoring expertise he will offer
    the company.

    In addition to the finance program, the new funding from Mr. Sferrazza will be used for the distribution of a new Paint and Fabric Guard throughout the Southwestern United States.

    This Southwestern chemical company provides a product that offers painting and fabric protection to industrial markets. They distribute the product through their network of dealers and believe this new protection product will provide a new revenue source for those representatives.

    http://www.ilbridgefund.com

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