Houston Factoring companies like Catamount Funding offer invoice factoring services and Houston business Factoring Services including freight factoring, construction factoring, and accounts receivable financing
Houston, TX -- (SBWIRE) -- 11/20/2019 -- Factoring companies in Houston TX offer services known as accounts receivable financing, or accounts receivable factoring. This is a mechanism to allow companies who are experiencing a cash flow bottleneck to receive early payment on their outstanding invoices in return for a fee. This transaction could mean a difference of weeks or even months when work has been done and invoices have sent out with up to a 90-day grace period. This fresh injection of cash allows the business to bid for future work, or service a fleet of vehicles, or pay staff on time. With Catamount Funding, one of the premier Houston accounts receivable factoring companies, a client can choose which invoices are factored and there is no requirement to lock in all outstanding invoices or even all invoices from one particular client. A major part of the day-to-day business at Catamount is freight factoring, otherwise known as freight bill factoring or transportation factoring. With fees starting as low as 0.5%, unexpected costs can be managed by converting unpaid invoices into almost immediate cash. The unexpected costs may be totally outside the control of the business, like a rise in fuel charges, or costly repairs to vehicles in the fleet. For an established business that has regular customers, not being able to fulfill an existing order or not being able to guarantee service for a future order could jeopardize that working relationship. With Catamount Funding fuel cards and fuel advances are also available. As a well established Texas factoring company, the Catamount principals bring over 50 years of experience working with business owners across many industries including transportation, fabrication, distribution, manufacturing, and personnel. Catamount's mission "is to provide an alternative source of working capital for the small and medium-size business owner while placing a strong emphasis on the client relationship as it relates to commitment, responsiveness, and flexibility."
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 Houston 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, construction factoring, energy factoring, and business receivable factoring, please visit: http://www.catamountfunding.com/
Catamount Funding, Inc.
Corporate Headquarters, 11777 Katy Fwy. Houston, TX 77079