BusinessManager® - Ideal Industries

For many privately held businesses that manufacture parts, supplies, and other goods, accounts receivable can comprise 20 to 30% of total assets. BusinessManager assists in maintaining a strong cash flow position despite the typical 40 to 55-day turnaround time for receivables. Imagine the prices you could negotiate if you had cash on hand to pay your suppliers in less than five days.

For the typical staffing services firm, accounts receivable turnover is 58-days, with 45% of assets tied up in accounts receivable. Despite this, you generally need to pay employees weekly or bi-weekly, which can be a significant challenge and hinder business growth. BusinessManager assists in overcoming the cash flow crunch while awaiting payments. Imagine receiving cash for each new invoice within 24-hours.

The typical trucking company receives payments within 42-days, with accounts receivable constituting 30% of their total assets. Business owners frequently face challenges in meeting substantial weekly expenses such as payroll, fuel, repairs, and other costs. For this reason, trucking companies have consistently depended on BusinessManager. Drive forward with assurance, knowing you will have the necessary cash to sustain your business.

Supporting the cost of carrying inventory while maintaining sufficient cash flow to seize key discounts that can provide a competitive edge is a challenge. BusinessManager ensures you always have cash on hand to take advantage of cash-based, prompt-payment, or volume discounts from your vendors.

BusinessManager has been utilized to finance accounts receivable for companies providing business and professional services. Simply put, if your company offers a service and invoices clients, you should consider this financing option. Many business owners complete the work and then face a waiting period of 40 to 90-days for payment. Stop acting as the "bank" for your clients. Next-day cash enables you to grow your business by hiring additional staff and expanding into new territories.

Energy businesses have been booming in the U.S. for over a decade, with some support businesses growing by more than 100% annually. Achieving that growth requires a predictable source of cash. Whether you're involved in oil and gas field services, renewable energy operations, or other related sectors, consider BusinessManager. It helps you manage rapid growth by providing the cash needed to purchase new equipment, upgrade technology, and effectively serve customers.