InStream Financial Introduces EarlyPay 'Next-Generation' Web-Based Supply Chain Financing Program Worldwide

Detroit supply chain financing firm expands unique service beyond automotive, across industries

HUNTINGTON WOODS, Mich., April 3 -- InStream Financial(TM), a wholly owned subsidiary of Michigan-based Hennessey Capital Solutions (HCS), today announced EarlyPay(TM), a revolutionary Web-based supply chain finance solution for industries worldwide. A unique advance payment product, EarlyPay accelerates the availability of working capital and lowers cost of debt. EarlyPay doesn't require a client lien, a buyer guaranty or a buyer contract, and it pays cash within 24 hours on 100 percent of invoice value, minus a nominal finance fee.

"From our strong manufacturing roots in Michigan comes a fresh approach to financing that offers tremendous opportunity to supply chains worldwide," said Frank M. Hennessey, Chairman and CEO of Hennessey Capital Solutions. "Tom Cross and the InStream Financial management team are to be commended for their thought leadership in forging the economic landscape of Michigan with innovative solutions to global challenges."

InStream Financial EarlyPay was derived from the innovative online HCS FastPay program for the automotive manufacturing supply chain market. A cost- effective finance solution, EarlyPay is applicable to all supply chain industries, including electronics, chemicals, pharmaceuticals, retail, and technology.

"We found a niche in supply chain financing for our distinct early payment service that offers value across industries," said Tom Cross, president of InStream Financial. "The cash flow issue is not exclusive to automotive manufacturers. EarlyPay fits easily within other supply chain environments and provides suppliers the working capital they need to keep their operations thriving."

Using the Web-based EarlyPay program, suppliers can selectively supplement their existing lines of bank credit and accelerate their receivables as needed, directly controlling their own cash flow and working capital. InStream Financial's proprietary and innovative system automates the payment process, accelerates the availability of working capital, and reduces finance costs, while freeing up capital for core operations.

"One of the unique features of InStream Financial EarlyPay is its funder- neutral position," said Cross. "InStream Financial is backed by some of the world's largest commercial lenders. Our strong, diverse funding base means lower costs, lower risk and access to the billions in funding required to support supply chain activities."

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 http://www.instreamfinancial.com/ .