Rhode Island

Accounts receivable financing and invoice factoring provide companies with a quick cash-flow solution. Instead of waiting on slow-paying customers, get paid same-day with our invoice factoring programs.

While there are many Rhode Island factoring companies, Scale Funding is the number one choice. We offer high advances and low rates. We’re proud to be recognized for our flexibility and award-winning customer service.

Our Rhode Island invoice factoring programs are simple and quick to set up. Contact us for a free, no-obligation quote. One of our team members will provide a consultation and quote in as little as 15 minutes. We’ll get your account set up quickly so that you can get the cash you need. After the setup process is complete, send your invoices directly to us. On the same day that we receive your invoices, we’ll provide you a competitive advance on them. Once your customer pays you, the remaining balance is remitted to you, minus our low factoring rate.

An Alternative to a Business Loan or Line of Credit

Some companies may consider business loans or lines of credit for their financing needs. However, be sure to remember the process is long and extensive. If you need the funding quick, it may not be your best solution. Funding can take weeks or months and the amount provided has limits.

With our Rhode Island accounts receivable financing and invoice factoring programs, the process is quick. We won’t limit the amount of cash we provide. We want to grow with you. The more contracts you take on, the more cash we’ll advance.

Expertise

Since 1994, Scale Funding has helped a variety of industries with our financing programs. If your business invoices other businesses on net terms, we can work with you.

Manufacturing	Distribution
Trucking	Government Contractors
Heavy Construction	Utility & Pipeline
Telecom	Staffing Agencies
Renewable Energy	Oilfield Services

Custom Invoice Factoring Programs

When deciding between Rhode Island factoring companies, consider Scale Funding. Our flexible and custom programs make us your top choice.

We’re able to provide the funding companies need to maintain and grow operations in a variety of situations.

• Industries waiting on slow-paying customers
• Companies in need of quick cash
• Start-up companies
• Growing companies
• Those with maxed-out or less-than-perfect credit
• Bank turndowns and workouts
• Companies who’ve filed for Chapter 11 bankruptcy
• Companies with tax liens

Scale Funding helps companies in cities like Providence, Warwick, Westerly, and More. Call (800) 707-4845 for more information on our Rhode Island invoice factoring programs.

Latest Rhode Island Updates

• Providence, Rhode Island Trucking Company Funded $500,000 with Invoice Factoring
• Warwick, Rhode Island Manufacturing Company Approved for $300,000 with Accounts-Receivable Financing
• North Kingstown, Rhode Island Trucking Company Approved for $75,000 with Invoice Factoring

Rhode Island

Rhode Island holds the distinction of being the smallest of the 50 states, but it’s also got a big list of amazing things to do for both locals and tourists alike. Rhode Island also happens to have the longest official name of any of the states, as Rhode Island is just a shortened version of its official moniker: State of Rhode Island and Providence Plantations. It is often called the Ocean State because of its many large bays and inlets that account for almost 14 percent of its total area, over 400 miles! It’s also the second most densely populated state, following only New Jersey, and is proudly one of the original thirteen colonies. There are 39 cities and towns, and scores of villages in each. And it’s the only place where you can enjoy and grinder and a cabinet.

History

On May 4, 1776, Rhode Island was the first to renounce its loyalty to the British crown and fourth to ratify the Articles of Confederation, which would be the forbearer to the Bill of Rights. Ironically, the governors of the state initially refused to ratify the Constitution and went so far as to boycott the 1787 Convention in which it was drawn up. Eventually however, on May 29, 1790 Rhode Island became the 13th and final state to sign and ratify the Constitution. (No wonder there’s an Independent Man on top of the state capitol building.) Rhode Island continued its proud tradition of patriotism by being the first state to respond to President Lincoln’s request for troops at the onset of the Civil War. It was also ahead of its time in social justice issues, abolishing racially segregated schools back in 1866. Recently, the state has enjoyed a reputation as an excellent place to live and has seen a major uptick in new residents, specifically from major cities like Boston and New York.

Newport

The first spot for anyone visiting Rhode Island is the city of Newport. Newport is known as the sailing capital of the world and rightly so. There are countless sailing charter companies that can take guests out into the bay to enjoy the wind in their hair and the refreshing smell of saltwater in the air. There are also annual sailing races which are riveting sport to behold for those who have never watched one. Newport also hosted the America’s Cup race for many years, one of the most prestigious events in the sport. Newport is also home to the famed Gilded Age mansions. These landmarks of American architecture are a wonder to behold, and many of them are recognized as National Historic Landmarks. Guests are welcome to come take a tour of one of these massive buildings and the beautiful grounds that surround them. There is even a Newport Mansions Preservation Society that hosts tours and events in and around the mansions, including a wine festival that is not to be missed for those who love a good glass of merlot. Music fans know well the histories of both the Newport Jazz Festival and Newport Folk Festival.

Providence

The capital city of Providence would be an ideal next stop, being home to the renowned Brown University as well as the Rhode Island School of Design. This art college includes a museum on campus that hosts over 100,000 art pieces from every corner of the glove. Museum guests can see notable works of art from artists like Picasso, Monet, Manet, Paul Revere, Chanel and Andy Warhol. The museum also displays works from local artists and designers including 18th century furniture makers Goddard and Townsend. The Providence Performing Arts Center is also a wonderful place to go and catch a concert of play. The theater itself is incredibly ornate and whimsical by design, with many patrons describing it as being inside a Christmas ornament. For more families with children Providence offers some great destinations. The Roger Williams Park Zoo is a great place to spend the day seeing animals like giraffes and hippos. There’s also the Providence Children’s Museum, which offers all sorts of hands-on exhibits for kids to experience and learn about. Hungry? Keep an eye open for the Haven Bros. food truck, or stop in at the Olneyville N.Y. Systems Wieners. And do yourself a favor – put down the catsup and put vinegar on your fries instead.

Drinks

Rhode Island is a fantastic location for anyone who enjoys a good drink. First of all, there are six different wineries and vineyards that call Rhode Island home. All of them offer tours and tastings, plus if you find a bottle you absolutely fall in love with you can pick one up and take it home. It’s not just the wine lovers that get to have all the fun either. Rhode Island has no less than 16 different breweries and distilleries that offer tours and tastings just like their grape-centered counterparts. It is also here that the largest international beer festival in America takes place: The Great International Beer Festival. Every November at the Rhode Island Convention Center, guests can come in chat with fellow beer enthusiasts and sample no less than 250 different brews. Something non-alcoholic? Try a coffee milk or Del’s Lemonade .

Festivals

Speaking of festivals, there a lot more than just the few mentioned so far. Rhode Islanders love their food and host several food festivals throughout the year in addition to the more alcoholic ones. The RI Food Fights is a culinary and baking contest that pits the best of Rhode Island against each other, usually in the format of delectable deserts. There are multiple contests throughout the year, each one with its own dish at the center. Past festivals have included The Great Cupcake Championship, The Incredible Ice Cream Throw down, and The Spectacular Cookie Smackdown. Eat, Drink RI is a broader festival, taking place over four days and showcasing the very best restaurants from all across the state. If there is one thing they love to cook most in Rhode Island, it’s a mollusk of any kind, but quahogs are preferred. With no fewer than three separate festivals celebrating oysters and clams, guests can get their fill of oysters on the half shell, clam chowder, clam bakes, and a myriad of other dishes to boot. So if you are in the area be sure to check your calendar for the Newport Oyster Festival, Warren Quahog Festival, and the Great Chowder Cook-off. If you’re an arts fan, check out the Wickford Art Festival, held every July.

Economy

The Rhode Island economy has always been primarily rooted in industry and manufacturing. Lacking the farmland for agricultural pursuits, Rhode Island has made its money in the production of all sorts of goods. Historically speaking, Rhode Island is known for its jewelry, silverware, textiles, fabricated materials, machinery, electrical equipment as well as rubbers and plastics. Companies with headquarters in R.I. include CVS Health, Hasbro and Textron. Recently, tourism and gambling have had increasingly larger roles in the economy of the state. Interestingly, two of the three largest employers are the state and federal governments respectively. With the State of Rhode Island employing over 14,000 people and the US Government employing almost 12,000. As one might expect having all of that shoreline, fishing industries also play an important role. Rhode Island has a robust commercial fishing trade, with main catches being oysters, clams, lobster, and a variety of sport fish. The state’s largest fishing fleets call Galilee on Point Judith home.

People

Chances are you have a piece of Rhode Island history in your pocket. The portrait of George Washington used on the $1 bill was painted by Gilbert Stuart from North Kingstown. Other famous Rhode Islanders include actors Seth MacFarlene, James Woods, Debra Messing and Mena Suvari, Senator Claiborne Pell (after which Pell grants are named), journalist Meredith Vieira and author H.P Lovecraft.

Little Rhody

Rhode Island, or Little Rhody as the locals call it, is a jewel of New England with big heart and stomach with tons of ways for tourists and locals to indulge in the Rhode Island lifestyle. Whether it is out on a boat enjoying the calming effect of the water, visiting one of the historic mansions and sipping some locally made wine, or going downtown to visit a cultural center Rhode Island is the little state with a little something for everybody.