Hi FUNd.
several options that this company may qualify for. The most obvious is an ABL using a variety of company assets. Depending on The company that could include accounts receivable, inventory, equipment, work in process and a variety of others. An ABL, line of credit would be cheaper and more flexable than Factoring but not knowing the particulars Factoring is defiantly an option. I agree with Richard as to the timing if Factoring but in my experience lines of credit secured by more than receivables and sometimes. finished inventory generally take a little longer.
Nice to hear from you,
Bob