Factoring Receivables for Manufacturing
One of the more important elements to the survival of a manufacturer is strong cash flow. In an ideal world, every customer would pay their invoices on time and the manufacturer would be able to enjoy its profit margin and plan for the future of the organization. But in the real world, some customers pay their bills late and that makes every penny important.
As a manufacturer, your cash position is extremely important for your ability to fill orders. Without cash coming in, you will not be able to get the raw materials you may need to meet the demand. With accounts receivables funding from Capital Credit, you will get your invoiced sales funded within 24 hours. That means that you will always have the cash you need on hand to meet demand and keep your company growing
Our typical manufacturing clients fall under the following parameters:
- New business that has not established financial history
- Principals have poor credit or previous bankruptcy
- They have no other collateral to offer for a loan
- Bank refuses to extend more credit
- Companies with seasonal or uneven sales patterns Start Today
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What makes us unique in the factoring industry?
- 15 Minute credit checks
- Industry specialization
- Higher advance rates
- No long term contracts
- No Hidden Fees
- No Minimum Invoice Fees
- No Need to Factor All Accounts
- No Need to Factor All Invoices
- No Deposits Required
- We accept newly formed businesses
- Sole proprietors accepted
- Same day funding
- Four Man Team is Assigned per Client
- Online Reporting
- Simple to Understand Rates
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Capital Credit Uses Receivables Funding To Help Manufacturers
A manufacturing company owner watches his finances very closely. It can be difficult to set the selling price of manufactured goods because there are so many factors involved. A manufacturer wants to cover his costs and make a profit, but he also has to be very aware of what the market will allow. If you try to price your goods too high, then you could be stuck with a warehouse full of finished goods. But if you set your prices too low, then you have put a price into the marketplace that will not allow your company to make a profit. Needless to say, accurate pricing is critical to the survival of a manufacturing company.
When past due invoices start to slow down cash flow, the default reaction by a manufacturing company owner is to go outside the company for funding. But does it makes sense to go to a bank to finance your business when you have a stack of past due invoices on your desk that should cover everything? Capital Credit is a company that finances receivables by advancing you cash based on the face values of your invoices. Instead of giving you an arbitrary amount of money that may or may not cover your needs, we use our invoice factoring programs to get you the money that you need based on the outstanding balance of your receivables.
Financing Of Invoices Makes Sure That Your Sales Don't Outpace Your Cash Flow
Every manufacturer dreams about having a situation where the demand for product seems to be outpacing cash flow. It can sound like a great problem to have; until it actually happens to you and you find yourself scrambling to meet orders. When you utilize the factoring services from Capital Credit, your demand will never outgrow your cash flow because you will always get your invoiced payments (funding within 24 hours) on time. Instead of wondering how you will cover the growing need for your products, you can enjoy the benefits that come with success and hard work.
Capital Credit's receivables funding programs allows you to meet the demand for your products, you can take on new clients with confidence because you know that you will have the cash to meet demand. Many manufacturers wonder how they will handle the issue of approving new customers for credit accounts when the company already feels over-extended on its expenses. With receivables financing from Capital Credit, you will never be over-extended and you will always be able to take on new clients and offer the most competitive credit terms in the industry.
Be The First To Market When You Use Invoice Lending From Capital Credit
In the world of manufacturing, it is critically important to be the first company to bring your new product to market. Your competitors are all working on similar versions of your newest product, but you can be recognized as the industry leader if you can get your product to market first. In order to be able to be the fastest to the marketplace, you cannot have any financial snags hold up your process. From development to final product, you need to have the proper funding in place to make sure that your product hits the shelves long before any of your competitor's products do.
Capital Credit has years of experience in working with manufacturers from a variety of industries and we know how important being first to market is. We also know that you cannot be the first to market if you do not have a solid cash flow. Our receivables funding programs will take your outstanding invoices and turn them into the economic edge you need to beat the competition. We will make sure that you have the funded business line of credit you need to grab that market share and increase revenues. Request A Quote
Let Capital Credit Be Your Financial Edge
The invoice factoring services of Capital Credit are the business and financial advantages your manufacturing company needs to succeed. We do not have any strict requirements, which allows us to always be there when your company needs us. It takes less than five business days to get a Capital Credit account in place and operational. Once your account is approved and in place, we will be able to advance you funds against the face value of your outstanding invoices. The process is simple and the results are guaranteed.
The manufacturing industry is extremely competitive and dynamic. If your company is not able to stay up with the cutting edge of technology and stay up with the advancements in your industry, then you will not survive. With an accounts receivables funding program from Capital Credit, you will always have the cash you need to develop the very best products in your field. You will have the funding you need to meet payroll, pay vendors, and keep your operations humming right along. Your manufacturing company can use its own invoiced sales to fund future growth projects and success. Let Capital Credit be the financial answer to all of your cash flow needs. Contact us right now and get your account started today. Request A Quote