DISTRESSED COMPANIES - TURNAROUND SPECIALISTS

Speed up cash flow as part of a turnaround strategy.

Factoring speeds up cash flow, making it an attractive financing tool for distressed companies.

 

Speed up cash flow as part of a turnaround strategy.

Invoice factoring is an effective and efficient way to speed up cash flow for distressed companies. Turnaround specialists often use factoring to expedite cash flow and gain access to working capital that can be used to alleviate immediate challenges. This can give distressed companies much-needed time and breathing room to get back into growth mode.

Availability of working capital can be leveraged to reduce pressing debt or reduce debt through negotiated savings. As distressed companies recover and return to normal operations, invoice factoring can continue to speed up cash flow, so that once-struggling companies can return to a healthier financial state conducive to growth.

How the process works:

Day one: Generate an invoice, retainer, or earnings statement and factor it with Wave Crest Financial.

Same or next business day: Receive an advance (usually ranges from 80-95%) of the invoice amount for a small fee which could be as low as 1%.

Day 30-45-60+: Once the receivable has been paid, receive any amount held in reserve.

Strong cash flow is important for every business, but especially vital for distressed companies. Factoring receivables can be a key component to unlock working capital as part of a turnaround strategy.

Take the next step and reach out for a free, no-risk quote.

 

Factoring for Distressed Companies - How the Process Works

Apply

Apply and get approved to factor invoices, recurring retainers, or earnings statements.

Factor Invoices

Submit receivables and get paid within 1-2 business days (or even faster!)

Get Working Capital

Unlock the working capital needed to make payroll, meet expenses, and reinvest in your business more quickly.

Speed Up Cash Flow

Factor receivables on a regular, occasional, or a one-time basis - when it is in the best interest of your business!

Benefits of Factoring for Distressed Companies
with Wave Crest Financial

Speed up cash flow!

Slow cash flow can slow or stall a business, turning once-healthy businesses into distressed companies. Invoice factoring can be a key component in a business turnaround strategy. Distressed companies often lack adequate cash flow to meet payroll and operating expenses, and to take on new business. Leveraging receivables can enable distressed companies to:

  • Save money via cash or fast-pay discounts with suppliers

  • Meet or catch up on payroll and operating expenses

  • Attract and acquire new customers, take on larger accounts, or fulfill bigger orders

  • Invest in capital equipment, facilities, marketing and advertising, repairs and renovations, etc.

  • Minimize financial risk from bad debt with non-recourse factoring

  • Extend generous terms to attract and retain customers

  • Reduce time spent on receivables, including time lost chasing customer payments

  • Minimize negative impacts of slow-paying customers

Why choose Wave Crest Financial?

One of the biggest reasons to choose Wave Crest Financial for invoice factoring that we are not just business finance specialists, we are business owners, too. We understand the negative impacts that slow cash flow can have on an organization.

We made it our mission is to speed up organizational cash flow through rapid invoice factoring available to nearly any type of B2B company, including distressed companies. Our clients enjoy:

  • Low factoring rates - fees as low as 1%

  • Same and next day funding

  • Competitive advances up to 95%

  • No hidden fees

  • No minimums - factor when you choose!

  • No long term contract requirements

Reach out for a free, no-obligation quote for invoice factoring. Get answers in 24-48 hours (or even less) and start factoring receivables as soon as you are approved.