|
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! | 
