In the Energy Sector it is quite common for companies to shut down their operations and offices for two weeks or even longer over the Christmas Holidays. This can put a strain on a company’s cash flow, especially if they have to wait longer than normal to get paid for their outstanding invoices. Additionally when sales drop over the Holiday period and quickly ramp up in January, finding the funds to meet supply and mobilization expenses can become a challenge.
Why not talk to the staff at Factors Western to learn how factoring can help manage your cash flow, by getting paid quickly for you invoices. Located in Alberta, we have been working in the Energy sector helping companies grow since 1985.
To learn more why not give us a call to discuss how we can customize a factoring program to fit your business.