Most
businesses that invoice other businesses on a net 30, 60 or 90 day
invoice schedule will benefit from factoring. While many industries are
able to factor, the factoring process has proven to work especially well within a variety of business-to- business industries including:
- Exporters/Importers
- Manufacturers/Wholesalers/Retailers/Distributors/Warehousing
- Advertising/Marketing/Consulting/Printing/Publishing
- Agriculture/Food Service
- Apparel/Garment/Textile/Fabrication
- Property Management/Property Maintenance/Security/HVAC, Oil & Gas Services
- Contractors/Building Services
- Staffing/Medical Staffing
- Recruiting/Training/Education
- IT/Technology
- Energy/Utilities/Engineering/Environmental
- Transportation/Freight/Logistics/Courier/Auto Services
- Office Supply/Equipment Supply/Equipment Service
In short, any company that typically issues large invoices to another
business, which takes a month or longer to ultimately make payment, is
an ideal candidate for factoring.