In the ever changing global economy, manufacturers are finding themselves strapped for cash by the demanding terms of their customers. As competition increases, so do the terms by which they compete. For small to mid-sized manufacturers long contract terms, from 30 to 90 days can be the one barrier restraining their growth. For businesses in this situation, there is a great alternative called factoring. Factoring is the simple buy-sell process of accounts receivables. The factor purchases the manufacturers invoices and the manufacturer gets immediate cash advances. Thus, the increased cash flow helps stimulate the growth the manufacturer needs to compete.
With over 30 years combined experience factoring for the manufacturing industry, Universal Funding has become an expert at helping manufacturers improve their cash flow position. Tell us your goals and we will tailor a funding program specifically for your needs. www.univeralfundingmain.com
Link: MaterialSeek - Directory for the materials industry.
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