Manufacturing

Some of the manufacturing industries we serve include:

Manufacturing companies use factoring to:
    Maintain adequate materials on hand for maximum productivity
    Fund large jobs to maintain day-to-day cash flow
    Pay for emergency repairs
    Supply overtime wages when jobs are put on a “rush” basis
    Buy used equipment at auctions
    Outsource A/R management, credit and collections

Cash flow is a critical element to keeping your lines up and running to full capacity whether your production cycle is days or months. When a machine breaks down, production stops and costs you time and money. With factoring, you can have money in hand from recently shipped orders to pay for the repairs and be operating at full capacity. A strong cash flow allows you to make purchases from your vendors that enable you to keep your raw materials on the floor be and ready to move through to the next phase of production.