If you run a business in the manufacturing sector, you know the time it takes to source materials, manufacture the product, ship it and get it on the shelves can be lengthy leaving numerous opportunities for cash stopgaps along the … Continue reading
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Does Business Type Matter When Factoring Accounts Receivables?
Traditionally invoice factoring has been used in the clothing and garment industry due in part to the multiple components involved in making a particular article of clothing. With raw textiles coming from one overseas location, the finished product being manufactured … Continue reading
Continue ReadingChoose Manufacturing Factoring to Cover the Seasonal Production Boom
Many manufacturing companies have a seasonal business cycle where sales drastically grow during a set time of year whether it’s the traditional holiday season, the warm summer weather or the cold of winter. If you manage one of these manufacturing … Continue reading
Continue ReadingManufacturing and Invoice Factoring Go Together Like Peanut Butter and Jelly
Though some sectors have a steady flow of business, others have a cyclical flow of business in peaks and valleys. The manufacturing sector, which involves global entities and numerous parts working together for the production of salable merchandise, tends to … Continue reading
Continue ReadingTurning a Bigger Profit Through Manufacturing Factoring
Running a business can be extremely rewarding, but it can also be just as stressful. There are a number of aspects to manage, from staff payroll, to the purchase and maintenance of new equipment. However, you shouldn’t have to worry … Continue reading
Continue ReadingJackpot! Factoring Ready to Support $5B Battery Manufacturing Plant
It’s a gamble like no other for the Telsa automotive manufacturer and the state best known for financial deals involving casinos, gaming, and slot-pull windfalls. The Silver State recently landed a competitive agreement to build the nation’s world’s largest lithium-ion … Continue reading
Continue ReadingNorth Carolina Receives Manufacturing Financing for New Institute
With the goal of bringing about jobs and long-term manufacturing growth in Raleigh, N.C., President Obama visited North Carolina State University recently to announce a new institute. Earlier this year, the government, which is spending $200 million in manufacturing financing … Continue reading
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