Why use manufacturing factoring?
Most manufacturing businesses like yours probably have significant cash tied up in machinery, equipment and other fixed assets, but it is not uncommon for a bank to lend you money against the value of these “hard” assets. That’s why using manufacturing factoring is a smart choice.
The Disadvantage is that most lenders do not understand that one of your other largest and most valuable assets in your manufacturing business is your invoices for the products you have shipped to your customers and for that reason your Bank loan could be denied.
This is where we can help you by using manufacturing factoring also known as invoice factoring.
Moon Financial will able to do what most banks would not consider!
Using your commercial invoices as the only collateral to obtain working capital you need to run and grow your manufacturing business.
Manufacturing Factoring will help increase cash flow to:
- Acquire needed raw materials
- Inventory
- Make payroll
- Pay suppliers
- Hire more employees
- Grow your Business
