Whether your manufacturing company produces packaging, apparel, food and beverages, chemicals, or another product, the cost of selling your goods includes everything from paying your employees to purchasing supplies and transportation.
But if you’re seeing the prices of materials and fuel going up, are left waiting for customers to pay their invoices, or have had a big order come in, meeting the financial obligations of running and growing your business can become challenging.
If delays and added costs are creating interruptions for your business, invoice factoring may be the ideal solution to your cash flow needs. This solution can get you the working capital you need to continue the production cycle.
After approval, we will advance your business up to 85% of the value of your invoices.
We will collect payment from your customers and we’ll pay you the remainder of the balance (less applicable fees)
You’ll be able to view invoices in our real-time 24-hour online reporting system, where you’ll have full access to funding status.
The process can be customized to match your needs, for example, Liquid Capital can time financing to match your payroll so you always have enough money to pay your staff.
Invoice factoring is a flexible solution for manufacturers, as you are also able to decide how long you need to use invoice factoring services. Liquid Capital won’t lock you into a long-term contract. If you have months where you have adequate cash flow and don’t need to factor your invoices, you are able to opt out of the process.
