Industries Served
Factoring for Trucking Companies
As a trucking company, life is always on the go. Because demand for freight shipments and deliveries is nonstop, you and your fleet have to be able to adapt to changes immediately. However, if you’re always waiting on payments from clients, that can impact your bottom line and leave you vulnerable to things like debt and late shipments.
Fortunately, we’re here to help. We are in the business of assisting trucking companies with their cash flow by offering fast and efficient factoring services. You’re always on the move, so your cash should be too. Let us help you so that you can focus on what matters most to your business.
Oil & Gas
Factoring for Oil and Gas Companies
Running an oil and gas company means that you have high overhead. Meeting payroll demands, maintaining equipment, and managing your onsite operations can mean that you’re unable to wait for money to come in from clients. Cash flow can often be a significant problem for oilfields, but trying to manage these issues with traditional financing options is not really feasible.
Fortunately, we can provide the right kind of assistance through invoice factoring. We’re committed to helping our customers get the cash they need immediately so that oil production doesn’t have to slow down. Your workers need to get paid, and your machines need to be in tip-top shape – let our factoring services help you stay on top of it all.
Construction
Factoring for Construction Companies
As a heavy construction company, you can work for a wide array of clients and businesses. Whether you’re building a new office complex, a bridge, or some other kind of infrastructure, you need to be able to manage your cash flow at all times. Construction companies have high overhead costs, so waiting for clients to pay their invoices can put you in a tight spot.
In many situations, you can’t afford to wait up to 60 or 90 days for the money to come in – you need cash now. However, if you’re trying to get it from a traditional lender or a credit card, you may be putting yourself in a worse situation.
Thankfully, we’re here to help. Invoice factoring can be just the tool you need to stay afloat without having to impact your credit score or pay high interest rates. See how we can help your construction business stay financially stable, regardless of how quickly your clients pay you.
Small Businesses
Factoring for Small Businesses
As a small business owner, you have a lot to worry about in your daily operations. However, one element that can often loom over everything you do is cash flow. All too often, small businesses find themselves in a financial bind, particularly when it comes to accounts receivable.
If you are a service-based business, you know the struggle of waiting for clients to pay invoices. On the one hand, you want to be accommodating by offering standard terms of 30 or 60 days. On the other hand, you can’t always afford to wait that long to get cash in your bank account.
That’s where invoice factoring comes in, and that’s where we can help.
With our services, you can improve your cash flow and ensure that your business stays solvent, all without having to contact a lender or open a new credit card. Best of all, it’s a fast and flexible solution that works for most small businesses.