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Slow-paying customers can cause a problem with cash flow in a business. Unpaid invoices may leave a shortfall for a matter of days or up to three months. Under these circumstances, not only is it difficult to take care of routine expenses, it can hinder efforts to win new clients and bid on future business. One example is being able to take advantage of a discount when buying in advance or buying in bulk. Without the cash flow to seize opportunities, extra costs may be incurred. Invoice factoring is a way to convert unpaid invoices into almost immediate cash, which can then be used to help maintain or grow the business. Catamount Funding, one of the premier Texas factoring companies, sums up how factoring works as follows: "Factoring invoices is a quick, easy and safe way to create working capital. Invoice factoring eliminates the wait for your accounts receivable to become cash, without the hassles of a traditional commercial loan."

Invoice Factoring companies in Houston Offer Invoice Factoring services, freight factoring, purchase order financing and accounts receivable factoring to small and medium-sized businesses across the US

Freight factoring, otherwise known as transportation factoring, or freight bill factoring, is a big part of the day-to-day business at Catamount Funding, Inc, one of the premier Houston factoring companies. They are based in Houston, Texas, offering invoice factoring services across many regions of the United States, including the Gulf Coast, the West Coast, the Midwest, and the Rocky Mountain Region.

Company expenses can sometimes coincide in such a way that cash flow problems threaten to compromise the running of a business. Ironically it can happen at times when business is strengthening, unusually large projects are a valuable asset to the expected returns, but until those funds are realized, the company resources may be stretched. At these times, unpaid invoices could be days, weeks, or even months from being due. Simultaneously, staff needs paying, taxes need to be paid, and investment may be required on scheduled maintenance or unexpected repairs. Fuel prices may be elevated above the projected price brackets and deliveries still need to be made. Cash flow problems are more than a purely monetary issue, they create stress, and finding a workable solution can be costly in terms of the time spent in trying to resolve the issues. This time detracts from the time required to help the business be successful. These critical bottlenecks may halt a development plan for the business to expand or may even threaten the day to day operation. At times like this, small to medium-sized company owners often turn to invoice factoring companies. In return for a fee, the invoice factoring services convert unpaid invoices into almost immediate working capital. In addition to alleviating cash flow problems, the experienced team at Catamount Funding, Inc., a Houston factoring company offering factoring services across many regions in the US, can also help with forecasting, budgeting, and developing accounting and banking relationships. Practical business experience across a wide range of industries enables the Catamount team to take each individual client and evaluate all of the moving parts which make their business unique. A tailored solution can then be formulated.

A successful business often reaches a plateau in returns, a point when further growth requires a boost of cash to take operations to the next level. This may be holding a bigger inventory, upgrading a fleet of vehicles, or being able to bid on a larger contract than the normal workload permits. At times like this, unpaid invoices can hinder expansion as work has been done, but the revenue is still weeks or months away. In situations such as this, invoice factoring services are a way to convert unpaid invoices into almost immediate cash. This cash can then be used to re-invest in the company or simply to meet the outstanding commitments, which could include vehicle repairs, payroll, investment in new equipment, or necessary requirements like taxes, licenses, or insurance.

For business owners across a wide variety of sectors, opportunities can present themselves unexpectedly. Often, in order to grasp an opportunity with the potential to reinforce the company position or to grow the company, investment is required. When money is locked away in unpaid invoices, cash flow can be the bottleneck to taking action. With some invoices up to 90 days out, the money may be realized in time, but not quickly enough to leverage it immediately. Invoice factoring companies offer invoice factoring services to turn unpaid invoices into almost immediate cash, effectively resetting the date a business owner has cash to use from the day the client pays to the day the factoring services are approved. Factoring is not a loan and therefore no liability is added to the balance sheet, it does not interfere with applications for other types of financing. The increased cash flow allows invoices to be paid on time which in turn improves credit ratings, making obtaining credit in the future more likely.

Open invoices are a familiar problem for many business owners trying to focus on maintaining or growing their small to medium-sized business. With up to 90 days to wait after work has been completed, the time delay between issuing the invoice and receiving payment can cause cash flow problems. The knock on effect can have long-term consequences if the day to day operation of the business is compromised. Keeping a fleet of vehicles on the road can be difficult when maintenance needs to be scheduled, payroll is imminent, insurance is due, unexpected repairs crop up, and the price of fuel fluctuates. At times like this, business owners look to transportation factoring, otherwise known as freight factoring, or freight bill factoring. Trucking factoring companies offer freight factoring services to effectively convert unpaid invoices into cash, which can then be used to meet immediate needs and plan for the future by having the ability to bid on new work. Fees are paid for the invoice factoring services.

As one of the premier factoring companies in Houston, Catamount Funding, Inc. understand that there are times when the day-to-day business of running a company conflicts with the amount of cash available at that time. One of the primary reasons can be waiting for outstanding invoices to be paid. The time lag between sending out an invoice and receiving payment may be as long as 90 days. In that time the cost of materials may rise, repairs may be needed on essential equipment, and salaries are a priority when good staff is hard to retain. These problems can strike at any time in the life of a business, particularly challenging times are at start-up and during phases of expansion. Invoice factoring companies are able to provide a number of services which can help alleviate cash flow problems. One example is purchase order financing, this involves a credit advance to a supplier so that a sale can be made even when the materials are not in stock. This helps a company to maintain and strengthen relationships with existing clients as well as making it possible to forge new business ties. Each individual transaction and the probability of its success is gauged. If approval is given, the cost of the inventory is funded and Catamount can provide the necessary invoice factoring after the order has been shipped and invoiced. Catamount's team of experts have experience across many industries and they offer accounts receivable factoring services, purchase order financing, and freight factoring services across multiple service regions within the USA. When getting loan approval is difficult, factoring is a safe and easy way to get the funding required to keep a business on track.

As one of the premier factoring companies in Houston, Catamount Funding, Inc. looks to provide an alternate source of working capital for small and medium-sized business owners who find themselves needing to improve their cash flow in the short term, whilst waiting for unpaid invoices to be collected. These receivables, the unpaid invoices, are a commodity that can be purchased through a tried and trusted process known as accounts receivable factoring. This transaction is not a loan, nor does it carry the pitfalls associated with online borrowing. The team at Catamount understand what it takes to run a business and to grow a business. They have experience across many different fields of expertise and have experience in industries ranging from welding to landscaping, transportation to staffing, technology, construction, oilfield services, cable wiring, underground utilities, manufacturing, and many more. Transportation and trucking companies, in particular, are helped by freight factoring, invoice factoring companies can help find a workable solution to keeping the fleet on the road and improve cash flow so that fuel can be bought, repairs made, salaries paid, and new work can be bid on.

Catamount Funding, Inc, one of the premier Texas Factoring companies, is proud to offer invoice factoring services across several regions of the United States. Their expertise spans many industries and industry sectors, however, freight factoring, otherwise known as transportation factoring or trucking factoring, is a specialty. It is a significant part of their day-to-day business. They offer highly competitive rates and fast approval, an important factor when there are bills to be paid and trucks to be fuelled and maintained. With no hidden fees and fuel cards available, the Catamount team listen to each client and look for the best service fit, their years of experience help find the best solution.