To stay competitive, light manufacturers need the newest technology. To fund the technology, choose receivables factoring from MP Star Financial.
According to Manufacturing.net, “The reluctance on the part of manufacturers to adopt new technology can be so devastating to a company that it should probably be at the top of the list of reasons why manufacturers are finding it difficult to compete.”
Technological advances aren’t always cheap – and so many light manufacturing companies delay making the investment, and thus the vicious cycle begins.
With receivables factoring, though, your company can put in place a cash flow management plan to fund the cutting edge technology that you need to stay competitive.
Invoice factoring is an excellent form of business funding for light manufacturers.
With invoice factoring, you get the cash you need, when you need it, without adding any new debt. Plus, you can spend the money however you choose, including investing in the new technology that will keep you competitive.
Even better, new technology boosts efficiency, helping you to save money.
Contact MP Star Financial to put your new cash flow management plan in place.
MP Star Financial works with light manufacturing companies just like yours, to help them free up cash flow to grow and improve their businesses.
MP Star Financial is the receivables factoring company that has no hidden fees. To find out more, call today at 800-833-3765, #150, today – or apply for your business funding online now.