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With modern technology and the ease of electronic communication, it is viable to work with business interests located in different towns or different states. Catamount Funding, Inc, one of the premier Texas Factoring companies, is proud to offer invoice factoring services across several regions of the United States. The specific regions include the Gulf Coast Region, the West Coast Region, the Midwest Region, and the Rocky Mountain Region. This means that from Portland on the West Coast to Denver in the Rocky Mountain Region, Catamount are able to offer business receivable factoring and invoice factoring services. Acting as an accounts receivable factoring company, they are able to convert unpaid invoices into almost immediate cash for a small fee. This gives small and medium-sized business owners the confidence and capability to bid on new work, make sure payroll is paid on time, carry out necessary repairs, fuel their transportation fleet and meet the many demands which range from the familiar regular charges like rent to the unexpected outlay necessary when prices go up or situations change.

One critical step in expanding a small to medium-sized business is taking on bigger contracts, or more frequent contracts. When the business is in this phase of expanding, cash flow can be particularly tight. One of the main problems a business owner can face is sending out invoices for services or products which have been delivered and then having to wait up to 90 days for payment. The business has the outlay for manufacturing, fuel, salaries, taxes, permits, insurance, and maybe even unpredictable extra costs like repairs or capital expenditure necessary to increase the size of the shipping fleet.

A business may reach a cash flow crisis when work has been done and invoices have been sent because the payment is not due immediately. Up to 90 days can elapse before the funds are recovered. This delay is commonly used by the purchaser as they hold onto funds as long as they can. For the provider of the products or services, continuing to operate during this time period is sometimes a challenge, especially when investment is required to bid on new work, fulfill existing commitments, maintain a fleet to transport goods, or to pay staff, which is a critical factor is retaining good employees. Invoice factoring services offer a means to convert unpaid invoices into almost immediate cash. Texas Factoring programs can be tailored not only to the business type but also to each individual circumstance. Factoring is not a business loan, and there are no long-term contracts, maintenance fees, exit fees or application fees with Catamount Funding. Easy, quick and secure online access to the account is available 24 hours a day.

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.

Operating a business is a full-time job and worrying about cash flow can certainly hinder production and delivery. Invoice factoring services are a good solution for many industries, some factors are common to all sectors and some are more specific. One of the general issues is meeting payroll on time. Retaining good staff is an essential part of running a successful business so payroll becomes a regular expense. If money is held up in unpaid invoices, meeting this deadline can be difficult. As an alternative to postponing payment, invoice factoring frees up cash which could otherwise be outstanding up to 90 days.

For a small or medium sized business, it can be difficult to expand and develop new accounts when money is delayed whilst invoices are waiting to be paid. Worse still, compromises to existing accounts necessitated by cash flow problems could jeopardize customer loyalty.

In addition to accounts receivables management services and purchase order financing, Catamount Funding, Inc. is one of the premier Texas factoring companies offering freight factoring services, designed to keep operations moving when cash flow stalls as invoices are outstanding. For business owners it can be a frustrating time, work has been completed but the returns are still a month or two out. The problem in the meantime is how to keep fuel in the trucks, how to pay staff, how to maintain a safe fleet by taking care of any necessary repairs, and how to bid for new work without the capital to invest at that time. One potential answer is freight factoring, whereby unpaid invoices are factored into funds with fees as low as 0.5% and a quick and easy application process. Highly competitive rates are offered with advances up to 95%.

The invoice factoring program at Catamount Funding has evolved to provide a professional built-in account receivable manager, thus ensuring a speedier turnaround on the payment of invoices without the additional costs incurred by hiring a separate account manager.

Catamount Funding, Inc. is one of the premier Houston factoring companies for small and medium sized business owners. With clients across the US, invoice factoring is an effective way to improve cash flow and focus on business continuity and growth. The process is effectively a way to free up cash which is being held in open invoices waiting to be paid.

Catamount Funding, Inc. is one of the premier Houston factoring companies for small and medium sized business owners, With clients across the US, invoice factoring is an effective way to improve cash flow and focus on business continuity and growth. The process is effectively a way to free up cash which is being held in open invoices waiting to be paid.