Is Invoice Factoring Right For You?
Business is Growing. You are trying to increase sales but working capital is tight because it's invested in your accounts receivables and/or inventory. To make things more difficult, you are unable to obtain financing from your bank.
Where can you obtain working capital to meet growth demands?
Before turning new customers away, consider invoice factoring. Any kind of Accounts Receivable Factoring involves converting your accounts receivable into immediate cash providing steady and predictable cash flow, or you can secure a Line of Credit. As receivables increase, your ability to access cash increases as well. How does factoring work?
The key item of importance is not your financial strength, but how credit worthy your customers are. Through factoring, your company can get the working capital it needs to sustain growth while covering overhead. Many companies are unable to obtain adequate bank credit to finance growth and therefore factor their invoices. Factoring accounts helps solve cash flow issues.
Receivables Factoring provides these benefits:
- Stimulates rapid turnover of your accounts receivable.
- Accelerates growth by shortening the time required to turn sales into cash.
- Converts invoices into cash, allowing you to take discounts and pay your suppliers within terms.
- Ultimately allows you the time to strengthen your business to a point where Catamount can assist you in conventional bank financing.
Catamount Funding Services Include:
- Invoice Factoring
- Factoring Lines of Credit
- Accounts Receivable Management
- Collection Assistance
- SBA Loans
- Equipment Financing/Leasing
- Financial Consultation
- Real Estate Financing
- Assistance with Bank Financing
As your business grows, let Catamount- the leader in Factoring Companies- deliver the funds necessary to relieve financial pressure, free up cash flow and allow you to meet your obligations as they mature.