How These 4 Industries Benefit From Invoice Factoring? Are you tired of waiting weeks or even months for your customers to pay their invoices? Do you work in an industry often facing cash flow challenges due to extended payment periods? If so, invoice factoring can be the solution you need to improve your cash flow and keep your business running smoothly. In the following, you can learn how invoice factoring benefits various industries; 1. Manufacturing Industry Manufacturing companies can avoid cash flow problems with the help of invoice factoring, which gives them immediate cash for their overdue bills. They may invest in expansion possibilities and cover operating costs without worrying about when their money will come in. For example, a woodworking business has an unpaid invoice for USD$5,000 from a large client due in 60 days. The business needs to pay its employees and purchase raw materials for their upcoming orders, but it cannot do so without payment from this clie...