South Dakota

Invoice factoring, also known as accounts receivable financing, bridges the cash-flow gap caused by slow-paying customers.

South Dakota invoice factoring and accounts-receivable financing programs work by selling your invoices to Scale Funding. In return, we’ll advance you cash within 24 hours for a small factoring fee.

Scale Funding is your top-choice when picking a South Dakota factoring company. We offer many advantages including:

• Get a quote in 15 minutes or less
• No setup fees
• Cash within 24 hours
• Advances up to 95 percent
• Low rates
• 24/7 online customer support
• Custom financing programs
• Monthly programs from $50,000 to $20 million

Industry Experts

Since 1994, Scale Funding has helped a variety of industries with our South Dakota accounts receivable financing programs. Scale Funding has team members that are experts in several industries including:

Trucking & Freight	Manufacturing
Oilfield Services	Heavy Construction
Telecom & Wireless	Staffing Agencies
Government Contractors	Utility & Pipeline
Technology	Several Others

Speed Up Your Cashflow

No matter what your current business situation is, our South Dakota factoring company programs can help speed up your cash flow. With access to instant cash to pay your bills, meet payroll and invest in new resources, you’re able to take control of your finances and grow your company.

Slow-Paying Customers

Many companies choose to use invoice factoring to eliminate the cash-flow gap caused by slow paying customers.

Expansion & Growth

Our South Dakota invoice factoring programs allow you to accept more contracts because you’ll have a reliable, steady cash flow.

Start-Ups

After you’ve invested most or all of your money to start a business, you need working capital to operate. Our accounts-receivable financing lines provide same-day working cash.

Bank Turn-Downs & Workouts

If the bank turned you down or is pulling your funding away because of bad credit, maxed credit, tax liens or bankruptcy, turn to invoice factoring. Our programs aren’t dependent on your credit history.

Grow your business with a Scale Funding South Dakota invoice factoring program. For more information, call (800) 707-4845.

Latest South Dakota Updates

• Rapid City, South Dakota Oilfield Service Company Funded $430,000 with Invoice Factoring
• Brookings, South Dakota Trucking Company Funded $80,000 with Accounts-Receivable Financing
• Sioux Falls, South Dakota Staffing Agency Approved for $300,000 with Invoice Factoring
• Aberdeen, South Dakota Trucking Company Approved for $600,000 with Accounts-Receivable Financing

South Dakota

South Dakota home to Mount Rushmore National Memorial – the four 60-foot granite faces of George Washington, Thomas Jefferson, Theodore Roosevelt, and Abraham Lincoln. Nearly three million people each year visit South Dakota to learn about the history of America from past to present and to visit the majestic Black Hills and Badlands.

The fertile Great Plains of North America covers almost 75 percent of South Dakota. The state is located in the Midwestern region of the United States. The Black Hills are in the western part of the state and east of the Black Hills are the Badlands (a long series of unusual shaped and bright colored buttes, domes and rolling hills). South Dakota – “allies” is named after the Lakota and Dakota Sioux Native American tribes, who are a large portion of the population and historically dominated the entire territory.

Climate/Mammals

South Dakota has a continental climate with four distinct seasons, ranging from cold, dry winters to hot and humid summers. The mixed grass prairie is home to many species of animals… Buffalo, prairie dogs, bighorn sheep, mule deer, pronghorn, coyotes, turkeys, to name a few, and numerous specifies of birds. South Dakota has more than 100 fish species – walleye, northern pike, muskellunge, rainbow smelt, flathead catfish, largemouth bass, smallmouth bass, etc.

History

In 1803, the United States purchased the Louisiana Territory, an area that included most of South Dakota. President Thomas Jefferson organized a group referred to as the “Lewis and Clark Expedition” to explore the new region. In 1817, a fur trading post was set up, known as Fort Pierre, bringing American settlement to the area. Fort Pierre Chouteau was the largest and most significant fur trade and military fort on the western American frontier. The Sioux were dominant by the early 19th century but signed the 1858 Treaty, ceding most of the present-day eastern South Dakota to the United States. South Dakota became a state on November 2, 1889, simultaneously with North Dakota. Pierre is the state capital and Sioux Falls is South Dakota’s largest city. In the late 19th century, European-American settlement intensified after a gold rush in the Black Hills and the construction of railroads from the east. Miners and settlers triggered a number of Indian wars, ending with the Wounded Knee Massacre in 1890. Key events in 1930 included the Dust Bowl and the Great Depression with increased federal spending during the 1940s and 50s for agriculture and defense, and industrialization of agriculture that has reduced family farming.

Economy

Agriculture has historically dominated the South Dakota economy. Although other industries have expanded rapidly in recent decades, agricultural production is still very important to the state’s economy, especially in rural areas. The five most valuable agricultural products are cattle, corn (maize), soybeans, wheat, and hogs. Agriculture-related industries, such as meat packing and ethanol production, also have a considerable economic impact on the state. South Dakota is the sixth leading ethanol-producing state in the nation.

The service industry is the largest economic contributor in South Dakota. This sector includes the retail, finance and healthcare industries. The tourism industry has grown considerably with the Black Hills becoming more important as a destination. The financial service industry began to grow in the state as well, with Citibank moving its credit card operations from New York to Sioux Falls in 1981.

In addition to Citibank, there are many companies with call-center operations in South Dakota. There is a historical reason for this. During the Cold War, South Dakota was on the front line of missile defense via a polar route to the USSR. Hardened, robust telecommunications networks were built to allow for fast, uninterruptable communications. These networks are now the commercial backbone on which calls centers and other businesses depend.

Fascinating Facts

• Sculptor Gutzon Borglum began drilling into the 6,200-foot Mount Rushmore in 1927. The Shrine took 14 years and cost a mere $1 million.
• Sturgis Motorcycle Rally is held in South Dakota. This five-day event draws over 460,000 attendees.
• South Dakota was the first state to eliminate caps on interest rates.
• The historic town of Deadwood was once the home of Calamity Jane and Wild Bill Hickok.
• Crazy Horse Memorial is currently in the process and will be the world’s largest mountain sculpture.
• Badlands National Park encompasses 244,000 acres of striking Badlands formations with steep canyons, jagged spires, bands of colorful rocks with mixed grasses.
• World’s Only Corn Palace is located in Mitchell, South Dakota.

Top Employers

• Ellsworth Air Force Base
• Citibank
• Sanford Health
• Tyson Foods
• Avera Health Services

Amusement Parks and Zoos

•  Evans Plunge
• The Flintstones Bedrock City
• Rush Mountain Adventure Park
• Rushmore Waterslide Park
•  Thunder Road Family Fun Parks
•  WaTiki Water Park Resort

Museums

• South Dakota Art Museum (Brookings)
• National Music Museum (Vermillion)
• Mammoth Site (Hot Springs)
• Journey Museum (Rapid City)
• National Music Museum (University of South Dakota, Vermillion)
• South Dakota Art Museum (Brookings)

Performing Arts and Entertainment

• The Dahl Arts Center (Rapid City)
• Goss Opera House (Watertown)
• The Heritage Center at Red Cloud Indian School (Pine Ridge)
• Washington Pavilion of Arts & Science (Sioux Falls)
• Redlin Art Center (Watertown)
• Sculpture Walk (Sioux Falls)
• South Dakota Symphony Orchestra (Sioux Falls)

Notable Names

•  Gutzon Borglum, carved the faces of Mount Rushmore
• Sitting Bull, a well-respected Lakota Sioux Leader
• Laura Ingalls Wilder, author of “Little House on the Prairie”
• James Butler – “Wild Bill” Hickok, well known in the Old West for his speed and deadly accuracy with firearms
• Gertrude Bonnin, an American Indian Activist who was a teacher, musician, and writer
• Bob Barker, television host of the “The Price is Right”
• January Jones, a television actor
• Brock Lesnar, WWE Champion
• Tom Brokaw, news anchor