Philadelphia, PA -- (ReleaseWire) -- 07/30/2014 -- 48 Factoring Inc. unveiled its comprehensive and industry-leading Code of Business Conduct. This Code furthers 48 Factoring Inc.'s commitment to integrity and fairness to its customers and the public at large, and provides clear guidance to employees to ensure that their duties are carried out in full accordance with the highest ethical standards.
Robert S. Goggin, Chairman of the Board, commented as follows: "We are excited to set the bar high when it comes to transparency, fairness, and honesty. As a new and emerging industry, we realize that universally accepted business practices have not been standardized. We took the bull by the horns to proactively solve the dilemma, resulting in a clear and open method of governance that will inure to the benefit of our clients, the small business owners themselves. They have a right to know what standards we hold ourselves to, and our newly established Code of Business Conduct is at the heart of this commitment to our clients."
The Code can be found on the company's website and can be freely accessed by the public. In addition, the Board of Directors has implemented rigorous checks and controls to ensure that the rules we have laid down are properly enforced and become ingrained in the company culture. As we hope all interested parties will realize upon reviewing the Code, any small business owner applying for working capital at the firm and considering Factoring 2.0 as an alternative to a small business loan has our assurance that he or she will be treated with the utmost respect and empathy.
About 48 Factoring Inc.
48 Factoring Inc. is a financial services company using proprietary software technology to assess funding risk and create innovative solutions to help small businesses grow. Its unique Factoring 2.0™ financial product is tailored to small, fast-growing companies in need of working capital. As a result, 48 Factoring markets its services directly to small business owners. Incorporated in March 2014 and headquartered in Wayne, Pennsylvania, the company is led by experienced managers and staff with decades of experience in the field.