Economic Perspectives

Providing information on small business, financial literacy, economics, and banking for main street and underserved communities

Receivable and Contract Financing Focus of Nov. 24 Economic Perspectives

Posted by econpers on November 21, 2008

Iris Welch, a Vice President at Working Capital Solutions, will discuss receivable and contract financing on the November 24 edition of Economic Perspectives, 5:30 p.m. – 6 p.m. on KAZI 88.7FM.  Welch has over 31 years experience in the banking and finance industry.  She has held a number of key positions in the banking industry including Community Reinvestment Officer, Small Business Lender, and Branch Manager.

Iris Welch

Iris Welch

At Working Capital Solutions, a subsidiary of WebBank, Welch has developed a new financing program to help small, minority, and women-owned businesses obtain the working capital they need to handle large contracts with major corporations and government agencies, the Quick Pay Program.  The Quick Pay Program allows the payment of “approved” invoices within 24 hours.

WebBank, a Utah based financial institution, is  also an SBA preferred lender, and provides leasing, and inventory and equipment financing.

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