Is your company growing faster than your working capital?
Manufacturing factoring can help.
NPK Funding helps manufacturing companies get working capital to fund operating expenses, payroll and other tpyes of operating expenses by factoring their accounts receivable. Manufacturing factoring is a fast and flexible source of funds.
NPK Funding can advance funds against the face value of your invoices, making the most of your accounts receivable. This flexible credit line can grow proportionately with your sales cycle, so you are never paying for a credit line you don’t need. The approval process is quick and simple and we offer the lowest factoring rates in the business.
Cash Flow Shortage Solutions for Manufacturers
Operating capital shortages are inevitable for manufacturers. Whether its due to rapid growth, new business, slow receivable turnover, seasonal sales, or because a company’s sales history doesn’t justify traditional bank financing, a business can’t grow without sufficient cash flow.
Our account receivable factoring programs for manufacturers can help solve this problem by extending an advance using your receivables as collateral. Our financing approval is not based on tax returns, company financials or even equity to debt ratios. Manufacturing factoring is primarily based on the credit strength of your customers and the terms of your invoices.
Purchase Order Financing
In addition to account receivable factoring, we can extend most manufacturers purchase order financing, helping them finance new orders without borrowing from the bank or using operating capital.
