Invoice Factoring Manufacturing Companies
Manufacturers have experienced significant changes in the financing arena over the last few years. On top of that, manufacturers are also seeing their customers pay more slowly than they have historically which has created serious cash flow shortages. For many of these companies, these are serious problems. Their credit lines have been cut and they are being told by their loan officer that the bank is just not lending as it has in the past. As a result, many manufacturing companies are turning to factoring as a means to solve their cash flow problems.
Factoring with Caprock eliminates the problem of your growth exceeding your operating capital. As your receivables grow, so does your factoring line, without having to pledge additional collateral. Caprock is not concerned about your credit, but rather the creditworthiness of your customer.
A sample of manufacturing companies that we helped includes companies in these industries.
How Caprock helps manufacturing companies