Houston, TX -- (SBWIRE) -- 07/26/2019 -- A small business owner can feel stifled when an ambitious business plan is stalled because unpaid invoices are weeks or months away from maturing. As cash flow gets more challenging, the lack of available funds can hamper bidding on future contracts and may even jeopardize the retention of staff if the payroll cannot be kept on schedule. At times like this, Texas factoring companies like Catamount Funding are able to potentially offer invoice factoring services which essentially kicks off a process whereby the unpaid invoices are part of a transaction where the "Remit to" address on the client invoice to their customer becomes Catamount's lockbox in Houston. Simultaneously, Catamount's client sends a copy of that same invoice to the Catamount team requesting funding on the unpaid invoice. After the request is processed, Catamount can wire funds based upon the agreed Advance Rate to the Client's bank account. Invoice factoring is not a loan so this does not hamper any process where other types of financing are being applied for. Factoring financing is seen as a solid alternative to a loan. It can be hard to predict when cash flow will become an issue, for this reason, the Catamount team commit to determining approval quickly.
The factoring services are offered to a business based on the financial condition of the account debtors, so this means even a start-up company may be eligible for invoice factoring services. There is no obligation with Catamount to factor all of the company invoices, the client can determine which invoices are to be factored and there is no minimum volume requirement.
Catamount Funding respect that time is often a critical factor in success and process finance approval decisions within 48 hours. Their team of experts offers invoice factoring services to relieve the cash flow bottleneck. The application process is simple and can be accessed via their website. Applications are welcomed from start-up companies as financing decisions are made primarily on the financial condition of the account debtors. Financial pressure need not stop a business from operating or growing, factoring accounts can deliver the working capital funds necessary to free up cash flow.
About Catamount Funding, Inc.
Catamount Funding, Inc. is one of the premier Houston factoring companies, a financial services provider specializing in invoice factoring and is an accounts receivable factoring company suited to the small or medium-sized business owner. A particular specialty is freight factoring, otherwise known as freight bill factoring, or transportation factoring. Accounts Receivable Management is included with Catamount's Invoice Factoring Services. They hold an A+ rating with the Better Business Bureau. For more information on Texas Factoring services like purchase order financing and business receivable factoring, please visit: http://www.catamountfunding.com/
Catamount Funding, Inc.
Corporate Headquarters, 11777 Katy Fwy. Houston, TX 77079
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