Case Studies of Companies Benefiting from... Invoice Funding, i.e., Factoring
- This printer now knows that as long as new orders keep coming, he can always "factor" enough invoices to get money for additional supplies, inventory or equipment. And, he also has the wherewithal to get quantity discounts from suppliers, which helps defray the cost of funding.
Equipment Manufacturer With A 'Time Deadline'
• A Manufacturer of Electrical Equipment – in business for over a dozen years, had acquired several large customers within a short period of time. Good! - When it began ramping up production schedules to meet the influx of new orders, the company found itself without a banker that would accomodate its larger financial needs. Not so good!
The Dilemma: A Temporary Staffing Agency - was enjoying the fruits of its successful marketing campaign – only to find that NO banker was willing to fund its rapid growth. (The firm was too young, only two years old, its rapid growth was potentially unsustainable, ad infinitum.) You see, the owners needed additional capital to pay their growing number of employees every week. However, their customers (who hire the temp employees) typically waited 30-60, sometimes 90 days before paying. That was a 'Cash Gap' the Agency couldn't sustain.
The Solution: Now, through the aegis of Sea-Green Financial, the Agency obtains cash whenever it needs it - by selling some current invoices to its Factoring firm and having the money wired to their bank account within two days.
The owners are grateful that they can enjoy this flexible way of accessing funds when they need to. This financing method has continued to propel them to a higher level of client placements and profits... even as some competitors are withering on the vine. - It's no wonder the staffing firm continues to refer other businesses to Sea-Green Financial.
- - So, if you know of any Commercial Printers, Manufacturers,
Staffing agencies, Government Contractors or other companies
enjoying rapid growth that may be looking for funding, - we'd
love it if you would refer them to us so we can help them get
the capital they need to fund their businesses. - -
Call us now at:
818/
Speak to an associate or to Marcie Green
website: SeagreenFinancial.com
