Flexent, a division of Chesapeake Bank and a leading provider of alternative financing solutions for small businesses, proudly announces its 30th anniversary. Established as a flexible financing arm, Flexent has evolved significantly, continuously adapting to meet the dynamic needs of businesses seeking working capital.

Originally known as Cash Flow, Flexent rebranded to better emphasize its core differentiator: a flexible approach to financing that stands apart from traditional factoring or equity financing. For three decades, Flexent has empowered businesses with innovative solutions like Accounts Receivable Financing and Asset-Based Lending, offering quick access to capital, competitive rates, and fewer restrictions.

“Our name, Flexent is a combination of the words “flexible” and “excellent” which describe our goals to help our partners grow their businesses” says Kevin Wood, President of Flexent. “We are focused on providing great solutions with excellent service to help businesses when traditional Bank financing does not work.”

Backed by Chesapeake Bank, a125 year old, FDIC-insured institution, Flexent provides the security and reliability of a banking institution alongside the flexibility of alternative financing. As it marks this significant milestone, Flexent remains committed to its mission of supporting the growth and success of small businesses across various industries.