Invoice Factoring for Manufacturing Companies
The manufacturing industry can be a very challenging place to do business. There is a tremendous amount of opportunity in manufacturing and distribution but there are also tight margins, stiff competition, and the necessity to offer long payment terms to remain competitive. These factors combined can make growing and funding your manufacturing company extremely challenging.
Improve Cash Flow & Get Immediate Funding
Invoice factoring for manufacturers is a fantastic way to help solve your cash flow and working capital issues. Invoice factoring can help your business get cash immediately based on the invoices you’re issuing, allowing your business to immediately purchase raw materials, pay suppliers, purchase equipment, cover real estate expenses, and much more without waiting for the customer to pay. This can help your manufacturing firm amplify its growth by being able to make the decisions necessary to grow, expand, and adapt to market conditions.
With invoice factoring through Evergreen Funding you can tap into additional funding without taking on debt, which is a powerful combination for the long-term growth and health of your business.
Solve Your Cash Flow Problems Today
Quick Qualifications, Simple Process, and Transparent Pricing!
Fill out the form below to begin securing your funding today.
Business Funding With Bad Credit
Do you need funding for a manufacturing company with bad credit? Invoice factoring may just be the perfect solution. Unlike a loan, with invoice factoring you’re selling your invoices to Evergreen Funding so that you’re not taking on additional debt. You’re simply selling off what is owed to you and getting a prepayment on the value of what is owed to you. No bills, no payments, and no credit checks.
You’re in Control
Are you looking for a specific amount of funding for your manufacturing company? You are in control of exactly how many invoices you sell. We understand that each business is different and we will work with you to understand your funding needs and design a program that meets your funding goals.
What is the invoice factoring process?
Invoice factoring can be explained in five simple steps:
Your business invoices your customers after providing them goods or services.
You send the invoice over to Evergreen Funding, your factoring partner.
Evergreen Funding provides a percentage of the invoice to you immediately.
Evergreen Funding carries out the invoice collection process when it is due.
Your customer pays the invoice, and the rest of the value of the invoice is made available to you, minus a modest service fee.
Utilizing Invoice Factoring:
Below is a list of some of the most popular applications of invoice factoring for manufacturers:
FOOD & SPECIALTY FOOD MANUFACTURING
BEVERAGE, SPIRITS, BEER, TOBACCO
PETROLEUM, COAL OIL
PLASTICS AND RUBBER
COMPUTERS AND ELECTRONICS
Why Choose Evergreen Funding For Your Invoice Factoring?
Easy to Apply
Apply any time from any device. E-sign included to help expedite your application.
No Hidden Fees
We outline the fees and explain the process so you can budget and easily manage your funds.
We provide terms that work with your individual business and customer pay cycles.
We process your application as quickly as possible to get cash funded to your account within a couple of days.
We know you and understand your account. Each client also has their own account representative.
Focus on Your Business
We take over your A/R management so you can focus on running your business and increasing sales.