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Catamount Funding, one of the premier Factoring companies in Houston TX, offers invoice factoring services to help clients grow their businesses and operate with a healthy financial balance sheet. Factoring freight bills is a major part of day-to-day operations, whereby transportation factoring, or trucking factoring as it is also known, converts accounts receivables into almost instant cash. The transaction involves converting an unpaid invoice into cash, and the cost is a small discount on the total sum. In addition to receiving funds quicker, the ongoing management of the unpaid invoice transfers to the factoring company. The factoring company then takes ownership of the follow-up actions to ensure the funds are received as expected when the invoice becomes due. Accounts receivables and unpaid invoices are common across some types of product delivery or service where delivery to the end customer is agreed with payment terms allowing for a delay before payment. This delay can range anywhere from a few days to up to three months. The cost of delivering the product or service is paid upfront, so there is an outlay that will not be canceled out by receiving the income for some time. In addition to the money being outstanding, keeping track of upcoming invoices can be a time-consuming and stressful chore. Ironically, the more successful a company is, the more financial stress it can be under as it builds up a larger sum of accounts receivables. Until the invoices are paid, the outlay and delivery costs deplete the cash available to spend. Even for business owners who plan weeks or months in advance, there will likely be a mix of predictable costs, like payroll, rent, insurance, and taxes, as well as unpredictable costs like a rise in gas prices, vehicle repairs, or the cost of hiring new staff and training them to a point where they can be productive. One major advantage of factoring outstanding invoices is the short lead time required if unexpected circumstances do arise. The application process for invoice factoring with Catamount Funding is simple, with an online application available from the website. Finance approval decisions can be expected within 48 hours. Selling invoices that are due in the future is a simple process, and when factoring invoices with Catamount Funding, a subset of outstanding invoices can be selected.

Houston Invoice Factoring companies like Catamount Funding offer services including transportation factoring, freight factoring, oilfield factoring and staffing factoring

Houston Invoice Factoring companies like Catamount Funding offer services including transportation factoring, freight factoring, oilfield factoring, and staffing factoring

Houston Invoice Factoring companies like Catamount Funding offer services including transportation factoring, freight factoring, oilfield factoring and staffing factoring

Houston Invoice Factoring companies like Catamount Funding offer services including transportation factoring, freight factoring, oilfield factoring and staffing factoring

Houston Invoice Factoring companies like Catamount Funding offer services including transportation factoring, freight factoring, oilfield factoring and staffing factoring

Houston Invoice Factoring companies like Catamount Funding offer services including transportation factoring, freight factoring, oilfield factoring and staffing factoring

Houston Invoice Factoring companies like Catamount Funding offer services including transportation factoring, freight factoring, oilfield factoring and staffing factoring

Houston Invoice Factoring companies like Catamount Funding offer services including transportation factoring, freight factoring, oilfield factoring and staffing factoring

Houston Invoice Factoring companies like Catamount Funding offer services including transportation factoring, freight factoring, oilfield factoring and staffing factoring.