Houston, TX -- (SBWIRE) -- 06/26/2014 -- Catamount Funding offers invoice factoring services that can turn invoices into immediate cash. The most interesting part of factoring financing is that businesses can earn a profit from the sale without waiting for the client to pay. Indeed, it is true that factoring accounts are an easy, speedy and reasonable way to improve the cash flow, plus factoring financing is a great substitute for loans.
In addition to this, customers can also view the increase in the cash flow and working capital without pulling down the equity. Not to worry as business factoring is not about taking loans, and do not add accountability onto the balance sheets. It can be proved as a great benefit for clients who wish to get other financing.
A spokesperson from Catamount Funding elaborates, “Invoice Factoring has essentially been in existence since the beginning of trade and commerce. It can be traced back to the period of Mesopotamian King Hammurabi. However, the first widespread, documented use of factoring occurred in the American colonies before the American Revolution. During this time, raw materials like cotton, furs, tobacco and timber were shipped from the colonies to Europe. The practice was very beneficial to the colonists, as they didn’t have to wait for the money to begin their harvesting again.”
The company makes sure that once the application has been submitted, the approval will be done within 48 hours. With years of experience, they have reached great heights of success.
About Catamount Funding-
Catamount Funding, Inc. is a financial services provider specializing in invoice factoring and accounts receivable financing for the small to medium size business owner. With offices in Texas, Arizona and Colorado, they operate in a variety of industries including manufacturing, personnel, transportation, fabrication, distribution and service. Catamount's principals have over 50 years’ experience in using receivables financing for these and other industries. The future of one’s business depends on the decisions that they make today. They can help in numerous areas which include improving cash flow, forecasting and budgeting and developing accounting and banking relationships.
For more information, please visit- http://www.catamountfunding.com.
Phone: (877) 647-8577