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Solution: Factoring provides the
solution and has allowed the company to double its revenue in less
than two years.
Case #2
A three-year old sporting goods manufacturer based in southern
California with $21MM in annual sales has a cash flow challenge. It
needs cash flow to pay its vendors today, but most of its working
capital is tied up in receivables that will not turn for 60 days.
Solution: Factoring its receivables provides cash today to
bring new inventory in the door to sell tomorrow.
Case #3
A start up that provides specialty manufacturing for the defense
industry just got an order bigger than it had expected. If it wants
a long-term contract it needs to be able to provide product in the
next 30 days. The challenge is the working capital is tied up in
receivables that won’t turn for 45 days. Because they are a
startup the vendor will not grant terms other than COD.
Solution: The company factors its receivables today and gets
the cash it needs to pay vendors for raw materials to meet the
order.
If you need cash to satisfy the needs of your growing company,
contact Venture Factoring today! |
