Keep outstanding invoices from inhibiting your growth with invoice financing through the Mayster Group.
Large unpaid receivables can be like handcuffs on your business. You need liquidity to fund ongoing operations, purchase materials and fulfill current orders, but if you have to wait 60 or 90 days for payment on open invoices, you can find yourself caught in a cash crunch.
When other solutions like a business line of credit aren’t appropriate, many businesses turn to invoice financing to help sustain cashflow while waiting for payments.
By borrowing against those large open invoices, your business can access the funds you need to sustain operations and maintain growth. And because invoice financing is backed by the creditworthiness of your clients, it can be a more flexible option than other traditional forms of business financing.
At the Mayster Group, we specialize in innovative business lending solutions like invoice financing, and we can help you find creative and affordable ways to maintain a stable balance sheet. Contact us today to learn more.