El Monte

Invoice Factoring Makes Funding Your Business Simple

Accounts receivable financing, which is commonly referred to as invoice factoring, is a simple funding solution for companies that invoice other businesses. We are your top choice among factoring companies in El Monte and California because we make our setup fast and simple. Not only do we get you fast funding, but our El Monte invoice factoring programs include the following added benefits that not all factoring companies provide:

• Factoring line quote in as little as 15 minutes.
• Free back-office support, including collections and credit checks on your existing and new customers.
• Dedicated relationship manager.
• Customized financing that fits your business need, even when it changes.

At Scale Funding, we take the time to get to know you and your business needs so that you can focus on what matters most: growing your company.

Serving Many Industries Since 1994

With our over two decades of experience, we bring knowledge and expertise to you through our El Monte accounts receivable financing programs. We know the invoicing requirements and major players in many industries. Take a look at which industries we fund.

Trucking & Freight: flatbeds, refrigerated trucks, intermodal, heavy hauling, specialty carriers and many more	Telecom & Wireless: tower construction, tower maintenance, inspection, tower erectors, fiber-optic installation and more
Oilfield Services: site preparation, drilling, hydro-vac services, oilfield trucking, frac sand hauling and more	Utility & Pipeline: pipeline contractors, pipeline construction, utility locators, maintenance, welding, inspection and more
Heavy Construction: crane operators, concrete contractors, excavating contractors, welding and more	Renewable Energy: water, solar, wind, site preparation, site maintenance, site development and more
Staffing Agencies: administrative, clerical, general labor, medical, healthcare and more	Government Contractors: local, provincial and federal
Technology: consulting, data management, IT services and more	Other Industries: manufacturing, printing, maintenance, distribution, security and more

Flexible Programs to Meet Your Needs

Partnering with Scale Funding allows you to get the customized financing solution you need because we know that no two businesses are alike. We offer monthly programs for companies that have fluctuating sales. We can work with companies in a number of situations. Take a look at some of the situations we work with.

Slow-Paying Customers	Invoice factoring provides same-day cash for your invoices, eliminating the wait from slow-paying customers.
Growth & Expansion	Growing companies need cash to accept and service new contracts. With invoice factoring, you will have the cash you need to take advantage of new opportunities.
Credit	Invoice factoring is based on the creditworthiness of your customers. If you provide B2B services and your business has maxed-out credit or less-than-perfect credit, invoice factoring is a solution for you.
Bankruptcy	We help companies get back to financial freedom after a business bankruptcy through our DIP financing solutions.
Start-Ups	Starting a new company takes time and money. Invoice factoring and accounts-receivable financing provide the working capital so that you can spend your time on the important things.
Tax Liens	Tax liens can financially cripple a business. Our customized programs can provide the cash you need to pay off a lien and operate the business.

El Monte, California

Located in the southern region of California, El Monte is a commercial, industrial and residential city found in Los Angeles County. The city is about 12 miles east of downtown Los Angeles. El Monte is historically known as “The End of the Santa Fe Trail.” “Welcome to Friendly El Monte” is the city’s slogan. El Monte was California’s 51st largest city as of 2010.

Etymology

Since El Monte is situated between the Rio Hondo and San Gabriel Rivers, its residents believed that any type of crop could be grown there. Spanish missionaries and soldiers would often stop in the region for rest between 1770 and 1830, referring to it as El Monte, which in Spanish means “the mountain.”

There are no mountains in the city, but most people assume the name refers to a mountain. Because the word is a translation from that era, El Monte more than likely meant “the woods.” The first explorers came across a beautiful land located between two rivers, encompassed with thick growths of alders, cattails, and wispy willows, hence the name.

History

During the early years, the region was a camping area for pioneers. However, a stage wagon was established in 1849, and the first dwellings and a schoolhouse were erected in 1852.

In 1873, the South Pacific Railroad depot was established nearby. The region thrived from local agriculture, such as walnut fields and extensive fruit orchards. El Monte was incorporated in 1912; it is currently a residential suburb of Los Angeles.

Population and Economy

Since 2000, the city of El Monte has seen a population growth rate of over 9 percent. The city’s population accounted for 116,732 residents as of 2014. The recent job growth in El Monte is positive. However, the unemployment rate stands at 6.4 percent as compared to the U.S. average of 5.2 percent.

Some of the top employers in El Monte, according to the city’s Comprehensive Annual Financial Report, include:

• The El Monte City School District
• The El Monte Union High School District
• Mountain View Elementary School District
• Longo Toyota-Lexus
• City of El Monte
• Driftwood Dairy
• El Monte Adult School
• San Gabriel Transit
• California Air Resources Board
• M.C. Gill

Education

In El Monte, there are about 24.2 students per teacher. Public schools in the city spend about $10,786 per student, which is below the U.S. average.

The El Monte Union High School District comprises of about seven high schools. The El Monte City School District consists of 17 elementary schools while the Mountain View School District comprises of 10 elementary schools, a children’s center, an intermediate school, an alternative education program for students and a middle school.

Transportation, Cost of living and Real estate

The city of El Monte is served by the El Monte transit, which is operated by the city, Foothill Transit and the Metro. The city has a general aviation airport known as the San Gabriel Valley Airport. The average commute time in El Monte is 34 minutes, which is just above the national average of 26 minutes.

At 140.20, the cost of living index in El Monte is slightly higher than the U.S. average of 100. Housing in the city is the biggest factor in the cost of living difference. This is because home appreciation for the last 10 years has been about six percent, with the median home cost at $432,500.

Points of Interest in El Monte

The city of El Monte is fun for adults and children alike. The Whittier Narrows Recreation area is popular because of its diverse sports, horse center, disc golf, military museum, an urban farm, and three lakes. The Whittier Narrows Natural Area is also an interesting place to visit. It is a 419-acre sanctuary that features a wide array of endangered wildlife, a nature center, and hiking trails. Other places to visit include Mountain View Park, Santa Fe Trail Historical Park, Lambert Park, which is a 9-acre park with courts and fields for youth sports programs, a community center, and a playground.

There are many places to visit and things to see in this great city.