As a distributor, your success depends on providing goods and services with speed and efficiency. If collections are slow, your ability to pay suppliers, maintain adequate inventory levels, and make payroll is compromised. Factoring turns invoices into cash—working capital that you can use to pay bills, update equipment and facilities, and cover rising energy and labor costs.
Although government contracts can be lucrative, payment is often slow. Invoice factoring puts your hard-earned money in your pocket faster. No matter what service you provide—military support, facilities management, computer services, or communication systems—invoice factoring gives you the cash you need to make payroll, purchase inventory, and expand your business to fulfill larger contracts.
Cost-effective manufacturing requires consistent working capital. With our invoice factoring services, you can eliminate the time period between invoicing and payment and get the cash you need to purchase equipment and materials, finance inventory, and negotiate supplier discounts. Better cash flow also enables you to invest in your business, fulfill new orders, and maintain your competitive edge.
Extended terms and long collection cycles are not unusual in the oil and gas business; however, these practices can have a significant impact on cash flow. Whether you're in exploration, production, or service, invoice factoring can help you improve your cash flow. Our experienced experts provide financial solutions for a number of oil and gas-related businesses who provide welding and fabrication services, pipes, pumps, production tools, wellheads, and more.
When it comes to attracting and retaining the talent that drives your business, we know that making payroll is a top priority. Whether you're placing light-industrial, clerical, administrative, IT, nursing, or other temporary personnel, we understand the challenges that staffing companies face. We leverage our industry knowledge and experience to provide you with factoring solutions that deliver the working capital you need.
We help trucking businesses, like yours, optimize cash flow so you can maximize your fleet's potential. With freight bill factoring, we deliver the cash you need to make payroll, cover insurance payments, maintain your trucks, and expand your business. We also provide discounts at the pump with fuels cards that make it easier to track and manage fuel expenses.
Whether you sell goods to merchants, retailers, contractors, or commercial users, invoice factoring provides the cash you need to purchase inventory and fill orders promptly. Because factoring improves cash flow, you can take advantage of volume discounts from your suppliers and improve profitability.
In addition to the industries listed above, we also provide comprehensive factoring services to businesses in the following industries: