Printing Factoring
FACTORING AND PURCHASE ORDER FINANCING FOR PRINTING COMPANIES | UNITED STATES | CANADA
We offer a whole range of funding options including factoring accounts receivable finance and purchase order financing to printing companies and others in the print industry. We understand the challenges that the print industry is facing. Technological advancements, print management and margin pressures are all having an impact on profit margins within the print industry.
Is your business working harder than ever before for half of what you got years ago? We work with many businesses that operate in the print industry and therefore understand the issues that you face. It’s an industry by its very nature that experiences cash flow problems. The gap between paying suppliers for raw materials and receiving payments from your customers can cause disruption to your cash flow, which means you have to put your growth plans on hold.
Our printing factoring product is designed specifically for the printing and print industry. Our service means that we can help you improve your cash flow by providing an advance of cash against the value of your outstanding invoices. Then 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.
In addition to funding, we provide an accounts receivable 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, collect payments for you and maintain professional and detailed accounts of your transactions.