Las Vegas

A family owned dairy distribution company, since 1989, was in need of working capital to pay their suppliers and maintain local deliveries. Their customers are local grocery stores and restaurants which they have long relationships with, but waiting 30 days for payment of invoices was tying up their cash flow. Riviera’s invoice factoring was the perfect solution to speed up their payments and allow them to continue to run their operations smoothly.

This company, referred to Riviera by a former satisfied client, first contacted us when they were applying for their trucking authority. By the time they were ready to start hauling, they had a list of approved customers to begin working with. Now they have more than doubled in volume and they are still growing rapidly.

This company was in their second year of business and knew from the previous year that summer and fall were their busiest seasons. They knew they needed better cash flow to keep up with the increased orders during these seasons but didn’t want to get locked into a high monthly factoring commitment that they couldn’t meet in the slower seasons. They chose to factor their invoices with Riviera Finance because of our no monthly minimums and we are happy they did!