Invoice and receivable factoring for manufacturing companies and start-up manufacturers. These are challenging times for manufacturers and the manufacturing sector as a whole. Orders are declining, margin pressures are increasing and you're expected to keep up with an ever-increasing array of government regulations.
We can help manufacturers improve their cash flow by providing funding options that include factoring and purchase order financing, factoring for example advances cash against the value of your outstanding invoices. As you raise an invoice, we can release up to 95% of the value of that invoice within 24 hours. The remaining 5% is paid to you, less a small service fee, once we receive payment from your customer.
This means your business has access to an ongoing supply of cash linked to your sales. So as your business grows, so does the amount of funding available to you. You can use this cash to put growth plans into action.In addition to the cash that we provide, we can also save you valuable management time. Time better spent focusing on growing your business.
We provide a receivables management service where we pursue and collect outstanding invoice payments from your customers on your behalf, so that you have more time to concentrate on generating new business. We will prepare and send out statements, telephone all of your customers, collect payments for you and maintain professional and detailed accounts of your transactions.
We will provide you with 24-hour online access to your reports, including scanned images of the checks that we receive. You remain in control by working with a dedicated team of people who ensure your customers are as happy to deal with us as they are with you. To get started - Click Here