Manufacturing Companies Turn to FTRANS to Increase Cash Flow and Manage Trade Credit

Manufacturing Companies Turn to FTRANS to Increase Cash Flow and Manage Trade
Credit
Companies Gain Access to Capital as the Industry Begins to Recover from
Economic Downturn

ATLANTA, Oct. 8 /PRNewswire/ -- FTRANS Corp., a leading provider of accounts
receivable and credit management solutions, announced the addition of several
manufacturing companies to its platform that enables U.S. manufacturers to
easily access capital as bank loans and credit remain hard to secure.

Commercial Plastic Composites (Newnan, GA), Power Brake LLC (St. Petersburg,
FL) and Clean Air America (Rome, GA) are just a few of the many manufacturing
companies that have turned to FTRANS as an alternate source of funding as the
U.S. manufacturing industry attempts to evolve from its 18 month decline.
FTRANS is able to support the growth of manufacturing companies by increasing
cash flow through more efficient accounts receivable and cash management
processes.

"At FTRANS, our intention is to help small and medium-sized businesses manage
their accounts receivable and access capital so they can grow," said Dan
Drechsel, CEO of FTRANS. "Our goal is to be a resource for manufacturing
companies as they bounce back from the recession so they can sustain growth
over the coming quarters."

With FTRANS, manufacturing companies use accounts receivable as collateral for
lines of credit from local banks. Increasing cash flow is especially important
for manufacturing companies because of the nature of the manufacturing
process. Companies make large investments upfront for raw materials and do not
see the return on those investments for several weeks or months. And, because
the payment process for the supply chain is longer than other B2B industries,
manufacturers typically wait an average of 55 days for payment on invoices
from customers. FTRANS' manufacturing customers receive payment in 3-4
business days.

"FTRANS helps me to continue growing my business and so I'm not held up or
limited by a long payment cycle or slow paying customers," said Van Pell, CEO
of Commercial Plastic Composites. "Because I'm able to access capital faster
than I normally would, I can expand my business and continue growth on a more
rapid pace."

FTRANS also simplifies the tasks involved with customer credit administration
and reduces the risk involved with trade credit. Recently, FTRANS introduced a
credit scoring model to its customers that helps identify the credit
worthiness of a company's customers and acts as an alternative to trade credit
insurance. Through the credit scoring model and FTRANS' credit verification
process, companies are able to mitigate the risk of lending trade credit to
financially unstable or potentially bankrupt customers.

"Not only does FTRANS help me increase cash flow, it helps protect that
capital from risky customers," said Bertil Brahm, Senior Vice President of
Clean Air America. "With FTRANS' credit scoring model, I'm able to make
informed decisions on which customers are likely to pay upfront, pay late or
not pay at all, which is priceless information in today's economic
environment."

For more information on FRANS, visit www.ftrans.net

About FTRANS
FTRANS Corp., located in Atlanta, GA, provides innovative technology solutions
for businesses and financial institutions. We provide a complete accounts
receivable and credit management solution that enables businesses to operate
more efficiently and with greater access to capital. From payment matching
and account reconciliation to credit approvals, access to capital, and
collections - FTRANS has the tools businesses need to achieve superior
business results. We provide financial institutions with a program that
enables them to lend to small and medium sized businesses with accounts
receivable as professionally managed and transparent collateral for banks.

SOURCE FTRANS Corp.

Kim Dixon of Horn Group, +1-646-202-9775, kdixon@horngroup.com, for FTRANS