Manufacturing factoringPosted by Jensen Nguyen on February 5th, 2021 Manufacturing companies often require a better than average working capital ratio to keep up with the multitude of expenses that occur on a daily and weekly basis. Viva Capital can provide your business with manufacturing factoring by giving you the capital you need to keep your supply chain on track. By submitting your outstanding invoices to us we'll provide you with the immediate availability of funds (minus a small factoring fee) without you having to wait to receive payments from your customers over an extended period of time. In addition to this the availability of additional capital provides you with the ability to scale up quickly which can put your business at a distinct advantage to that of your competitors. We also provide additional financing options for your business such as equipment-based financing, asset based lending and other types of short-term loan options to assist you in expanding your operations. Factoring is ideal for businesses who haven't yet acquired a solid credit history to be able to obtain additional funds as well as those who have experienced a rapid growth spurt in a short period of time and are in need of funds fast. Factoring can provide you with the means to accelerate your businesses growth potential in a competitive market. We offer funding to the following industries: Oil and Gas Chemical Textiles Food and Specialty Foods Paper Packaging Metal factoring for manufacturing companies Equipment Electronics Machining and many more. Contact Viva Capital Funding, LLC today to see how factoring can benefit your business.Like it? Share it! |