Having your cash tied up in accounts receivable and inventory can create a strain on your ability to make payroll and keep vendors current. Factoring with Allied can help bridge that gap between accumulating accounts receivable and delayed payment. We give your Manufacturing Company instant access to working capital still tied up in unpaid invoices.
Manufacturing Companies We Can Help
• Companies with cash flow dilemmas that have an immediate cash flow need • Early stage businesses • High growth businesses • Undercapitalized businesses that have historical operating losses • Businesses with tax liens • Turnaround situations • Businesses with a negative net worth, a history of operating losses and high customer concentrations • Mature companies with a capped credit line at a bank who need more leverage • Companies who may be winning contracts or orders but do not have the financial resources to complete the project • Companies experiencing a lack of customer service
How We Can Help Manufacturing Companies
• Obtain an instant source of working capital/cash flow • Finance rapid sales growth • Fulfill payroll and tax obligations • Purchase necessary equipment or inventory • Take advantage of trade discounts • Outsource accounts receivable management and eliminate internal collection and accounting costs • Reduce the risk of credit losses on your customers • Defer to our professional credit checking and collections system • Provide maximum funding for companies with a high concentration of A/R in one or two of their major customers • Obtain financing for companies with a negative net worth, a history of operating losses and/or highly leveraged companies
Factoring Fact
Here are a few businesses that are not well-suited for factoring with Allied:
• General Contractor Construction • Consumer Related Receivables • Progress Billings • 3rd Party Medical Receivables • Real Estate