Houston-based Catamount Funding, Inc. offers workable solutions when outstanding invoices cause a cash flow time crunch
Houston, TX -- (ReleaseWire) -- 11/06/2017 -- Launching a new business, getting established, and then ongoing operations can be a challenge without a stockpile of materials or enough cash to honor not just regular commitments, but unexpected extra demands like an increase in supply costs or costly maintenance on a fleet of delivery trucks. Sometimes, the problem is not winning enough work to keep afloat, but in providing services and then having to wait up to 3 months for the outstanding invoices to be paid. In this circumstance, frustration is inevitable as the money is expected, it just can't be used in the interim. This could result in no fuel to transport products, no inventory to bid on an order with a quick turnaround, or disappointment for staff who receive salaries late. Invoice factoring services are a safe and convenient way to convert unpaid invoices into cash. For a small fee, advances are made in return for the unpaid invoices.
For the occasions where an opportunity is presented, but cannot be pursued due to cash flow limitations, the team at Catamount evaluate the situation and can offer financial support in the form of purchase order financing. Winning a new contract sometimes depends on "cash up front", purchase order financing entails a credit advance to the supplier, enabling a bid to be competitive.
One of the premier Texas factoring companies, Catamount Funding, Inc. is headquartered in Houston, Texas and operates across the US in a variety of industries including manufacturing, personnel, freight factoring for transportation companies, fabrication, distribution, and services.
Catamount Funding respect that time is often a critical factor in success and process finance approval decisions within 48 hours. Their team of experts offers factoring services to relieve the cash flow bottleneck. The application process is simple and can be accessed via their website. Applications are welcomed from start-up companies as financing decisions are made primarily on the financial condition of the account debtors. Financial pressure need not stop a business from operating or growing, factoring accounts can deliver the working capital funds necessary to free up cash flow.
About Catamount Funding, Inc.
Catamount Funding, Inc. is a financial services provider specializing in invoice factoring and is an accounts receivable factoring company suited to the small or medium-sized business owner. Accounts Receivable Management is included with Catamount's Invoice Factoring Services. They hold an A+ rating with the Better Business Bureau.
For more information, please visit: http://www.catamountfunding.com/.
Catamount Funding, Inc.
Corporate Headquarters, 11777 Katy Fwy. Houston, TX 77079
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