Accelerating Cash Flow with a Concrete Solution

A Case Study of META Ready Mix & Hauling

Opportunity

As a growing company, META struggled with major cash outflows, such as fuel, maintenance, and payroll, due to net 30 and 45 invoicing terms. The leadership team wanted a cash flow solution that would measurably accelerate inflows and eliminate the wait for customer payments.

Goals

• Improve Cash Flow
• Manage Cash Outflows Better
• Invest in Growth

Solution

Selective invoice factoring with the option to add new clients and scale the factoring agreement as business needs change.

Factoring Wins

Factoring provides instant payment, offering same-day cash flow and eliminating the strain of net 45 payments.

Payment Speed Increase

Factoring vs. traditional invoicing practices.

Together, We Gave META Ready Mix & Hauling the Flexibility to Grow Smarter

Viva Capital and META Ready Mix & Hauling partnered to maximize the power of their cash inflows through factoring. META selected the invoices it wanted to factor based on funding needs and expected outcomes of how advances would be spent. Viva provided instant funding and took over collections, allowing META to focus on operations and growth.

We used customer credit checks to help ensure META extended trade credit wisely, minimizing bad debt and eliminating unnecessary costs.

This approach allowed META to feel more secure and confident about investing in growth and allowed the company to maintain a perfect credit score.

Factoring Takeaways

We can provide tailored factoring solutions for businesses that scale on demand, allowing businesses to grow with confidence.

• Because businesses don’t need to factor all their invoices, spot factoring can help companies minimize expenses while maximizing cash flow.

• We can provide tailored factoring solutions for businesses that scale on demand, allowing businesses to grow with confidence.

To learn more about invoice factoring or get started,
 request a complimentary rate quote today.