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A Hennessey Company |
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Press Release August 9, 2006 Instream Financial Named To ‘Companies To Watch ’ List By Supply & Demand Chain Executive Magazine. Huntington Woods, Mich. – InStream Financial™ has been named to Supply & Demand Chain Executive (SDCExec) magazine’s 2006 “Companies to Watch” list. The SDCExec “Companies to Watch” list includes solution providers implementing innovative projects to help their customers achieve new levels of supply chain performance. InStream Financial stood out for its groundbreaking work within the payment segment of the supply chain: “Company’s product (EarlyPay™) developed to integrate with B2B networks as Web-based financing solution. Requires no contractual commitment from buyers, leverages many lenders to fund its transactions and purchases supplier receivables.” In April, InStream Financial introduced EarlyPay™, a revolutionary Web-based supply chain finance solution for industries worldwide. EarlyPay was derived from the innovative online HCS FastPay program for the automotive manufacturing supply chain market. A unique advance payment product, EarlyPay accelerates the availability of working capital and lowers cost of debt. InStream Financial, a wholly owned subsidiary of Hennessey Capital Solutions, is a supply chain finance company based in Huntington Woods, Michigan. InStream Financial’s patent-pending Web-based technology delivers efficient, cost-effective working capital strategies for supply chain industries worldwide. For more information, please visit the InStream Financial Website at www.instreamfinancial.com.
Contact: Sherry Tompkins |