Catamount Funding offer Houston Staffing Factoring, Transportation Factoring, Freight Bill Factoring

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Houston Invoice Factoring companies like Catamount Funding offer services including transportation factoring, freight factoring, oilfield factoring and staffing factoring Catamount Funding, one of the premier Factoring companies in Houston TX, offers invoice factoring services to business owners looking to bridge difficult challenges with cash flow as invoices remain due weeks or months into the future. After a busy seasonal rush in orders or deliveries, this dilemma can lead to a particularly challenging time. One of the best ways to demonstrate trust and retain a strong client relationship is to offer favorable terms when delivering goods or a service. Incurring the costs to make the delivery or produce the product, and then waiting up to 90 days for the payment to become due, is often a price worth paying to secure an ongoing contract or potentially be the one differentiating factor between one company and their competitor. Ironically, a very successful seasonal rush in demand could be followed by a challenging time as payments are expected in the future, but invoices, payroll, fuel, repairs, premiums, and restocking costs are imminent. When unpaid invoices are an asset yet to be realized, they can also cost a business owner time and stress in managing the upcoming payment, sending reminders, making sure the details are communicated professionally, and in trying to expedite the payment if electronic payment channels are not already set up. This is a scenario familiar to invoice factoring companies, who take on unpaid invoices, for a small fee, making cash available to the business owner almost immediately. The invoice factoring company then also takes on the management of the unpaid invoice, following up with the clients to make sure to the payment is made securely and promptly when due. This type of factoring transaction is a simple concept and can be an effective strategy across almost every business sector. Catamount Funding has experience across a wide range of customers and is, therefore, able to tailor a plan which is unique and the best fit for their client. Creating a tailored plan includes understanding the goals of the company and starts with listening to the immediate needs as well as the long-term strategy. Increasing working capital can help a business grow or sustain a positive trajectory. Even when a business plan has been solidified and approved after extensive due diligence, there are times, such as expanding real estate to a new satellite office, or an unexpected jump in fuel prices, when actual costs incurred do not match the predicted costs which were anticipated. With the ability to factor a subset of the unpaid invoices, there are options to explore which may alleviate a temporary cash flow shortfall.


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