Machine Shops & Manufacturing Factoring Houston, TX
At American Commercial Capital, we understand the special needs of machine shop owners and manufacturing companies. Over the years, we have provided unparalleled invoice factoring services for manufacturers and machine shops. Due to the lag time between production and collection, many small machine shops suffer from cash flow issues. As a manufacturing company, the need for cash to buy raw materials and fulfill payroll for employees is always in short supply and all too often, there is not enough cash flow to cover short-term expenses. Invoice factoring provides a solution to new machine shop owners and manufacturers that have difficulty obtaining vendor credit. As a result, they do not benefit from the trade credit that an established business enjoys. By providing cash flow through unpaid invoices, American Commercial Capital can ease the burdens of the owners of machine shops manufacturing businesses.
Invoice Factoring for Machine Shops & Manufacturing Businesses Highlights
- No monthly minimums
- No invoice minimums
- No facility fees
- No audit fees
- No up-front fees
- No hidden fees
- Set up account in 3 to 5 working days – 24 hour funding thereafter
- Receivable credit facilities starting at $5,000 & up
Machine Shops & Manufacturing Companies Factor Invoices:
- To pay for new raw materials
- To pay utility expenses
- To pay for a growing list of new clients
- To facilitate the use of vendor discounts