Manufacturing financing solutionsPosted by Bain Alston on June 1st, 2021 Manufacturing financing for manufacturing companies can be a challenging thing to get right especially if you go the longer and more complex route of obtaining a loan through a financial services provider. Obtaining additional funding this way can end up being more expensive too with the addition of interest charges that must be paid along with the loan repayment amount. How we help you manage your manufacturing financing obligations At Viva Capital, we aim to help manufacturing companies avoid this cumbersome and lengthy process by proving factoring services to businesses in the manufacturing industry. We take over your outstanding accounts from you providing you with the means to be able to cover the high influx of expenses that you encounter continuously, things like purchasing materials; paying wages and keeping your production process moving as smoothly as possible. It may then be surprising to hear that factoring is such a simple process that consists of only a few short steps to ensure that you get the funding you need when you need it. In summary, it includes selling your invoices to us at a small factoring fee (after you’ve invoiced your client) and we provide you with the cash you need to keep your production line moving. manufacturing factoring If you need extra assistance in maintaining a positive cash flow, contact us today to see how we can assist you with manufacturing financing.Like it? Share it! |