The competitive nature of the pharmaceutical industry has become worse in today’s difficult economic times. Chances are that your customers use your pharmaceutical company’s invoices to manage their cash flow challenges by extending payment periods longer and longer. The solution to their cash flow woes creates your company’s cash flow shortage.
Large pharmaceutical companies can weather fluctuations in receivables by tapping into cash reserves or bank lines of credit. A new or small- to medium-sized pharmaceutical company probably does not have the same readily available capital resources as its larger or well-established competitors.
Whether you need money for operating expenses or capital to invest in market expansion opportunities, our advisors at FACSA can show you how our solutions can work for your business without compromizing your assets or your personal funds.