Aviation Industry Accounts Receivable Funding
Aerospace and aircraft vendors are combining as the industry consolidates amidst federal budget cuts at the Pentagon and NASA. Aerospace and Aircraft Accounts Receivable Financing is not easy to come by. Already in 2014, there have been 56 merger and acquisition deals announced, according to Irvine, Calif., aerospace investment bank Janes Capital Partners. Increasing 14% over the same period last year.
Tom Captain, principal and vice chairman of the aerospace and defense practice at financial advisory company Deloitte said “There are too many companies chasing too few dollars. There’s just not enough work to go around.”
Because of the consolidation, it is harder for startups and small players to get critical funding. Are you an aerospace parts vendor in need of working capital and financing? ARFunding.org provides working capital solutions to the aerospace/aircraft supply chain.