Minnesota Factoring Company

Since 1994, Scale Funding has been the trusted Minnesota factoring company for small and midsize businesses. Headquartered in Burnsville, we’ve helped companies across Minneapolis, St. Paul, Rochester, Duluth, and beyond turn unpaid invoices into immediate working capital.

As a leading business factoring company in Minnesota, we understand the unique financial challenges local businesses face. From startups to established companies, waiting 30, 60, or even 90 days for customer payments creates serious cash flow problems. That’s why so many Minnesota companies rely on a receivables factoring company like Scale Funding.

What Is a Factoring Company?

If you’ve asked, What is a factoring company or What does a factoring company do in Minnesota, the answer is simple: A factoring company purchases your outstanding invoices and provides immediate cash.

Here’s how Minnesota invoice factoring works:

1. You deliver goods or services to your customer.
2. You submit the invoice to Scale Funding.
3. We advance you cash, often the same day.
4. Once your customer pays, we release the remaining balance (minus a small fee).

This straightforward process makes Scale Funding one of the best factoring companies in Minnesota.

Why Use a Minnesota Factoring Company?

Many businesses turn to accounts receivable factoring companies in Minnesota because:

• Same-day funding helps cover payroll and expenses.
• Flexible financing grows with your receivables.
• Low factoring company rates with no hidden fees.
• Accessible funding even if banks say no.
• Minnesota-based service with nationwide reach.

Whether you need a factoring company for a small business or a larger operation, Scale Funding offers tailored programs that work for Minnesota companies of all sizes.

Minnesota Factoring Company Rates

Business owners often ask, How much does a factoring company charge in Minnesota? At Scale Funding, we keep things transparent:

• No application or setup fees
• Low factoring company rates
• Month-to-month contracts
• Advance rates that fit your business

If you’re comparing factoring companies in Minnesota, our transparent pricing makes it easy to choose the right factoring company.

How to Choose the Right Factoring Company in Minnesota

The bank sets a credit limit for your company, and once you hit that max, it’s hard to obtain more to fund it. If you’re searching for what is the best factoring company in Minnesota or how to choose the right factoring company for your business, consider these factors:

• Local expertise serving Minnesota businesses
• Transparent rates and terms
• Same-day deposits into your factoring company account
• Dedicated Minnesota-based support

Scale Funding has been the receivable factoring company of choice for Minnesota businesses for more than 30 years.

Industries We Serve in Minnesota

As an experienced Minnesota accounts receivable factoring company, we’ve funded trucking, staffing, oilfield services, manufacturing, technology, and many other industries. No matter your sector, we’ll customize a program for your business.

We funded Minnesota companies in cities including:

Burnsville	Eden Prairie	Edina
Duluth	Hastings	Minneapolis
St. Cloud	St. Paul	Rochester

Work With the Best Factoring Company in Minnesota

If you’re asking what’s a factoring company, how to start a factoring company account, or simply looking for the best Minnesota factoring company, Scale Funding is ready to help.

We proudly fund companies across Minnesota, including Minneapolis, St. Paul, Rochester, Duluth, St. Cloud, Eden Prairie, and many other cities.

Contact Scale Funding today at (866) 219-4423 to discover how our Minnesota factoring company programs can help your business thrive.

Grow your business with creative finance solutions like Scale Funding’s accounts receivable financing programs. Call (800) 707-4845 to learn more.

Minnesota

Minnesota is home to almost 5.5 million residents. The two largest cities, known as the Twin Cities, are Minneapolis and St. Paul. St. Paul is the state capital, but Minneapolis is larger in population by more than 100,000 people. Rochester, Duluth, and Bloomington are among some other major cities in the state. Eden Prairie is a close suburb to the Twin Cities that is also well known.

Minnesota is commonly referred to as the “Land of 10,000 Lakes.” However, the state has closer to 12,000 lakes. Some of the larger lakes include Red Lake, Mille Lacs Lake, Leech Lake, Lake Winnibigoshish, Lake Vermillion, and Lake Minnetonka. The Minnesota River and Mississippi River also flow through the state. Fishing is a common recreational activity with lakes and rivers being predominant throughout.

Located in the Midwest region of the United States and boarding Canada, Minnesota has a prevalent four-seasoned climate with cold winters and hot summers. The state has three main zones including wooded lake regions, prairie lands, and transition zones. This allows a healthy wildlife population of black bears, moose, gophers, and timber wolves. Outside of Alaska, Minnesota holds the largest population of Timberwolves in the United States. The state is also home to a large number of birds, including the state bird, the common loon.

History

Founded in 1858, Minnesota is named after the Dakota-Sioux Indian word “mnisota” which means “sky-tinted water.” They used this term when referring to the Minnesota River. Its early industries were logging and farming.

Economy

UnitedHealth, Target, CHS, 3M, and General Mills are just a few of the Fortune 500 companies that call Minnesota their home. Some of the top employers in the state include recognizable names such as the Mayo Clinic, Target, and Alina Health System.

Scale Funding is proud to have its headquarters located in Burnsville, Minnesota.

The economy is rich in natural resources, with 75 percent of the nation’s iron ore coming from Minnesota. The state also has several factories that produce items such as nonelectrical machinery, fabricated metals, flour-mill products, plastics, and more. Minnesota farms rank high in yields of corn, wheat, rye, alfalfa, and sugar beets. The city of Minneapolis acts as the trade center for the Midwest.

Education

Minnesota has 200 colleges and universities. The Twin Cities University of Minnesota campus is the fourth-largest American campus by enrollment size. Other prominent universities include Minnesota State University, Mankato, St. Cloud State University, and the University of St. Thomas.

Culture

Minnesota has a variety of recreational activities and celebrations that both residents and tourists enjoy throughout the year.

• Amusement Parks & Zoos: Como Zoo, Minnesota Zoo, and Valley Fair
• Celebrations: Festival of Nations, Grand Old Days, Minnesota Renaissance Festival, and Minnesota State Fair
• Museums: Minneapolis Institute of Arts, Science Museum of Minnesota, Walker Art Center, and Weisman Art Museum
• Performing Arts & Entertainment: Orchestra Hall, Ordway Center, Orpheum Theatre, and Target Field
• Professional Sports: Minnesota Lynx (WNBA), Minnesota Timberwolves (NBA), Minnesota Twins (MLB), Minnesota Vikings (NFL), Minnesota Wild (NHL), Minnesota United FC (MLS), and the St. Paul Saints (American Association)
• Other Attractions: Canterbury Park, Lake Calhoun, Mall of America, Minneapolis Sculpture Garden, and Minnesota Landscape Arboretum

Some familiar names native to the state include Bob Dylan, Francis Scott Fitzgerald, Garrison Keillor, Sinclair Lewis, Jesse Ventura, Judy Garland, Charles Shulz, John Madden, Prince, and Winona Ryder.