Factoring for Manufacturers – Manufacturers need working capital to operate efficiently. Production will require the input of raw materials and overhead. Paying for these is easy if you have access to a high limit line of credit. Unfortunately, if your business does not qualify for that type of financing, you must seek alternatives. Should your business have a strong customer base, consider accounts receivable factoring. Conveniently, factoring allows you to convert your outstanding accounts receivable into cash, providing vital cash flow to your business. You can expect to receive anywhere form 75% to 95% against your invoices. Often, no personal … Continue reading Factoring for Manufacturers