Houston, TX -- (SBWIRE) -- 10/12/2023 -- Factoring freight bills is a major part of the day-to-day business at Catamount Funding, one of the premier Factoring companies in Houston TX . Their services include invoice factoring services like Houston staffing factoring and factoring for oilfield contractors, in addition to transportation factoring, purchase order financing, and all aspects of accounts receivable management for clients across a wide range of business sectors and geographical locations. Across a multitude of diverse transaction types, it is common to deliver a product or service and then send an invoice for the funds to be settled by a date in the future. This could be anywhere from a few days to up to three months in the future. While these 'accounts receivables' are maturing and approaching their due date, they must be managed, possibly with follow-up calls, and must be tracked so that the business balance sheet is kept up to date. Although the money is expected in the short-term, a lack of cash available immediately could present challenges in circumstances where there are unexpected costs incurred and where payment is expected at the time of purchase or the date of service. Invoice factoring is a way to leverage the unpaid invoices, or a subset of them, in return for a fee, to 'factor' the invoice with a factoring company and receive cash quickly, usually within days. An added benefit of invoice factoring with a company like Catamount Funding is that the management of the outstanding invoice transfers to the professional team at Catamount, meaning that in addition to receiving money to support cash flow needs, the requirement to follow up and track the outstanding payment is lifted. There are several reasons a business may want to continue offering terms where a sale is made with favorable credit terms, like retaining an important client where payment terms have not changed since the start of the business relationship or using this payment method as a way to differentiate the business from competitors who do not offer that flexibility in payment terms.

Lending is based on the credibility of the client base of the business applying for invoice factoring services, which means it can be a good fit for start-up companies that have not had time to build a good credit score. A representative from Catamount Funding spoke about the need to act when faced with business-related financial challenges, rather than procrastinate: "When events in your business life command attention, as a business owner, the last thing that should happen is ignoring the issues and putting off making a game plan. When it comes to cash flow and financing needs, it is imperative to plan sooner rather than later. I can cite too many examples of terrible things that happen when a business owner puts off factoring the company's accounts receivables…. Many times these delays promote delinquency with payroll tax payments, negative vendor relations, customer complaints on quality and timeliness of service, and cash flow shortages for payroll…to name a few."

Catamount Funding has extensive experience across many industry sectors and can tailor a plan so that it is truly unique. Results-oriented and innovative, they believe that open and honest communication as well as collaboration are key to future success, readily adapting to new situations and challenges as they arise.

In addition to factoring accounts receivables, Catamount also offers services including consulting services, accounting, and bookkeeping. A member of the International Factoring Association, Catamount strives to always protect clients and provide the best service available.

Invoice factoring, accounts receivable factoring, or business factoring as it is sometimes known, is not a form of loan, therefore the balance sheet for the company does not have added liability. This can be a benefit when trying to apply for other types of financing in order to support the business.

Typical factoring company sectors include landscaping, welding, technology, mechanical contractors, plumbing, pipe fitting, and oilfield factoring services, including factoring for oilfield contractors, medical staffing factoring, temporary staffing factoring, construction factoring, and all types of suppliers.

Headquartered in Houston, Texas, Catamount Funding has service regions across the US, including the Rocky Mountain Region, the West Coast Region, the Midwest Region, and the Gulf Coast Region. In addition to factoring services, they offer consulting services, accounting, bookkeeping, and equipment financing. Open communication and productive teamwork are central to collaborations, creating unique and tailored solutions for each individual client.

Catamount Funding, one of the Houston invoice factoring companies offering freight bill factoring services, respects that time is often a critical factor in success and processes finance approval decisions within 48 hours. Their team of experts offers business 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 Gulf Coast Factoring and Houston factoring companies , a financial services provider specializing in accounts receivables, construction factoring, invoice factoring, and Houston accounts receivable factoring, suited to small or medium-sized business owners.

A particular specialty is Houston 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, construction factoring, energy factoring, and Houston business receivable factoring , please visit: http://www.catamountfunding.com/

Contact Details:
Catamount Funding, Inc. -Houston invoice factoring services
Corporate Headquarters, 11777 Katy Fwy. Houston, TX 77079
Phone: 877-647-8577
Email: info@catamountfunding.com