Our invoice factoring is ideal for Canadian apparel companies that invoice their customers on credit terms to improve or reverse any cash flow problems resulting from unpaid invoices.
With invoice factoring, these companies can sell their outstanding invoices to a third-party company in exchange for immediate cash. This can help alleviate the strain on their finances and ensure they have the funds necessary to continue operating and growing their business.
Additionally, invoice factoring can also help apparel companies in Canada improve their credit rating by ensuring that they can pay their suppliers on time. This can lead to better relationships with suppliers and potentially better terms for future orders.
By utilizing invoice factoring, Canadian apparel companies can also take advantage of early payment discounts from their suppliers, further improving their cash flow and overall financial health.
Ultimately, invoice factoring can be a valuable tool for these companies to manage their finances effectively and support their continued growth and success in the competitive apparel industry. For more information, please submit this SHORT FORM. The office that handles your local area will contact you shortly.
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