With interest rates on the rise and speculation of a recession in the near future, companies may need to look for alternative financing methods to maintain a healthy cash flow.
Over the years, Factors Western has partnered with many different types of lenders to help compliment the current facilities they provide to their clients.
Here are some examples:
- Banks
Providing cash to enable a transition between two lenders
- Credit Unions
Specific factoring for a seasonal bulge or larger project
- Asset Based Lenders
Providing cash flow to compliment a loan facility
- Leasing Companies
Providing cash flow to compliment a loan facility
- Restructuring Companies
Generating capital to close a refinancing deal
Where viable, using factoring to compliment a current credit facility, whether for specific receivables or more, can allow companies to increase business, take on larger projects, or simply meet their current cash flow needs.
We would love to hear from you to discuss any situation where we might be able to assist. Located in Alberta, we have been working in the Energy sector helping companies grow since 1985.
Here are Some Energy Sector Businesses We Have Recently Helped
- Pipeline Construction Company
- Safety Services Company
- Consulting Company
- Trucking and Hauling Company
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