Manufacturing is one of the most capital-intensive industries there is. Cash going out for expenses is high, while cash coming in from billings moves at a snail’s pace because of lengthy payment terms.
Weeks and months before an invoice is paid, you bear the financial strain of paying up front for machinery, wages, utilities, stock and future orders (just to name a few).
To meet the demands of your clients, suppliers and employees you must have enough liquidity to keep it all running. While at the same time, increasing sales and growing your business.
Having full control over your cash-flow planning without letting your expenses slow you down is the financial tool that all growing businesses use. Give us a call at 1-888-503-4528 or drop us a line at businessdevelopment@invoicepayment.ca to learn more.