Distributors play an integral role in our economy. Whether they are providing products to retailers, contractors, the industrial sector, or supplying the healthcare sector with vital products and equipment, distributors need a strong cash flow so they have the capital on hand to keep supply chains moving.
However, acquiring products and making shipments can be challenging if distributors are waiting 30, 60, or even 90 days to receive payments from customers. Rieh Financial eliminates the wait by providing accounts receivable factoring designed for distributors across all industries.
Accounts receivable financing, or invoice factoring, converts unpaid receivables into cash. For distributors, this means no more long waiting periods to access revenue. Instead of holding out for stretches of 30 days or longer to receive payments from customers, unpaid invoices that are submitted to Rieh Financial will be factored and funds will be made available within 24 hours. We are a comprehensive factoring company, offering distributors a wide range of features, such as:
So many businesses and end customers depend on distributors, and demand is only rising with the growing e-commerce sector. Distributors need to fill requests regardless of economic conditions, weather, pandemics, or other external forces. Using a factoring company can help to accelerate cash flow so businesses can cover overhead, fill customer orders, and build up capital reserves for growth.
Rieh Financial offers comprehensive accounts receivable factoring services for natural gas distributors, computer products distributors, and distribution businesses in almost every industry. Our factoring services provide the following benefits to distributors:
Rieh Financial works directly with distributors of all types across the United States to provide distributor factoring solutions tailored to their needs. Whether you need fast access to cash to make payroll and cover time-sensitive expenses, or if you want to build up capital reserves for long-term growth plans, our team has the expertise required to structure a factoring strategy to help you reach your goals.
Why take on unnecessary debt when you can finance your business by accelerating your cash flow through factoring? At Rieh Financial, we are committed to helping distributors improve cash flow and eliminate gaps in revenue caused by staggered payment schedules. If you own or run a distribution business, contact the team at New Century Financial to take advantage of the benefits our invoice factoring services have to offer.
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