manufacturing factoring

Manufacturing factoring accounts receivable financing and purchase order finance

1 (800) 317-4933

Invoice factoring accounts receivable financing and purchase order finance for manufacturing companies including startup manufacturers. These flexible funding options are available to the well-seasoned manufacturer that is seeking to expand or simply restructure debt for better terms or to the struggling manufacturing company that cannot get their local bank to help.

We are a factoring company that specializes in funding solutions for companies in the manufacturing industry, and we understand the cash flow challenges from time to time, declining order books and increased margin pressures along with ever-increasing array of regulations all can take their toll on cash flow.

We can help improve cash flow and eliminate the constant chasing of unpaid invoices by providing advances of cash against the value of outstanding receivables/invoices and/or purchase orders. This means that manufacturers will have access to an ongoing supply of cash linked to sales.  So as the business grows, so does the amount of funding available to our client, cash to put growth plans into action.

FEATURES INCLUDE

  • Non-recourse factoring (we assume the risk for non-payment by any customer we are factoring for you)
  • Line of credit option (no restrictive convenants)
  • Hassle-free application to funding process
  • Invoice factoring in the millions for your company's continued growth (availability as you grow)
  • Facilities tailored to fit the funding requirements of our client
  • Very competitive rates and flexible terms
  • Complete access to your account via our secured online portal
  • Perform free credit checks on new customers 24/7
  • Invoicing and collection services included
  • Funding for well-seasoned manufacturers and startups
  • Straightforward and simple application to funding process
  • Plus other benefits

RECEIVABLES LINE OF CREDIT (No restrictive covenants)

Our receivables line of credit option is called a ledgered line of credit, which offers many of the advantages of a traditional bank line of credit except for the restrictions that can hinder a company's growth should a financial covenant is not met during a review of the latest financials or an audit. A ledgered line of credit has no such restrictions.

A ledgered line is ideal for companies that are considering a traditional line of credit or are presently with an asset based lending or bank line and would like to get away from the strict requirements but maintain the features of a traditional line and competitive pricing. And unlike a traditional line of credit, there are no audits or restrictive covenants with respect to ratios, concentration, etc.

HERE ARE THE OBVIOUS ADVANTAGES OF A LEDGERED LINE OF CREDIT

  • No audit requirements
  • No restrictive financial requirements
  • No restrictive covenants
  • No financial ratio requirements
  • No concentration restrictions
  • No long application to funding process
  • Plus other benefits

For more information about our invoice factoring services for manufacturers, please submit the online form. The affiliate that handles your area will contact you shortly.



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