Is your Cash Flow Ready for the Fall Ramp Up?

With summer coming to an end, it’s important to look ahead to what the fall will bring, and if your company will have the cash flow to meet the demand for your products and services.  Fall is typically a busy period in the Energy Sector and many companies may find themselves without liquidity when starting new contracts after the summer.

Expenses related to ramping up business in the fall can quickly eat up all available working capital. Payroll expenses will increase and need to be paid biweekly and operating and supply costs are required to be paid upon starting a project, yet invoices will not be paid for 30, 60 or even 90 days.

Factoring invoices allows a company to have the cash flow needed to meet these payment requirements, and take on new projects.

Among other options, Factors Western can look at factoring a specific project or contract, to ensure adequate cash flow to meet all the related costs.

Don’t get caught off guard and forced to turn down new opportunities due to lack of available working capital.  Talk to the staff at Factors Western to learn how factoring can help you to manage your cash flow, by getting paid quickly for your invoices.   Located in Alberta, we have been working in the Energy sector helping companies grow since 1985.

Here are Some Recent Energy Sector Businesses We Have Helped

• Construction Companies
• Trucking and Hauling Companies
• Sandblasting and Coating

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