South Carolina

Maintaining positive cash flow is crucial for business survival. Scale Funding’s South Carolina invoice factoring and accounts receivable financing programs help do just this. Rather than waiting on payments from slow-paying customers, our funding solutions pay you immediately on your invoices.

Our custom factoring programs work with a variety of business situations to get companies the cash they need. We work with start-ups, expanding companies and those going through financial hardships. We provide financing to companies that have been turned down by a bank because of maxed-out credit, less-than-perfect credit or because of tax liens. We even help businesses going through bankruptcy by offering a DIP financing solution.

No matter what your situation is, we can help. Scale Funding has over 20 years of experience and is your number one choice compared to other South Carolina factoring companies.

Small Business Financing Options

Accounts Receivable Financing and Invoice Factoring

Accounts receivable financing is also referred to as invoice factoring. This funding solution speeds up your cash flow so you’re able to keep up with daily business operations, catch-up on bills, meet payroll and invest in new resources.

Our South Carolina accounts-receivable financing programs work by paying you same-day on your invoices instead of having to wait for 30 days or more on customer payments. Scale Funding pays you up to 95 percent, giving you access to cash that would normally be tied up in your receivables. Once your customer pays the invoice, the remaining amount is rebated into your bank account, minus a small fee for our services.

Factoring versus a Business Loan or Line of Credit

If you’re looking for a business loan or line of credit to fund your business, there are some important things to consider when choosing these options over invoice factoring.

Business loans and lines of credit can take weeks or even months to get funding while invoice factoring funds your business the same day. The amount you’re provided from a loan or line of credit is capped and it can be difficult to increase the limit. Our invoice factoring lines give you the ability to grow – the more work you take on, the more cash we’ll provide.

Companies Using Accounts Receivable Financing

Since 1994, Scale Funding has provided factoring to companies working in many industries. If you sell to other business, invoice on net terms and are waiting to get paid, we can work with you. Below are just a few of the industries we’re experts in.

Trucking & Freight

• Flatbeds
• Hotshots
• Reefers
• Specialty Carriers
• And More

Utility & Pipeline

• Construction
• Maintenance
• Sewer Construction
• Main Construction
• And More

Heavy Construction

• HDD
• Trenching
• Excavation
• Site Preparation
• And More

Telecom & Wireless

• BTS Installation
• Tower Construction
• Fiber Installation
• Tower Maintenance
• And More

Oilfield Services

• Drilling
• Water Haulers
• Frac Sand Haulers
• Roustabouts
• And More

Technology

• Data Migration
• Network Administration
• IT Solutions
• Security
• And More

Government Contractors

• Defense
• Technology
• Service
• Security
• And More

Staffing Agencies

• Medial
• Clerical
• Administration
• General Labor
• And More

Renewable Energy

• Site Preparation
• Solar
• Wind
• Water
• And More

Other Industries

• Distribution
• Janitorial Services
• Manufacturing
• Wholesale
• And More

Companies in Charleston, Columbia, Greenville, and Rock Hill use invoice factoring to grow their businesses. For information on Scale Funding’s South Carolina invoice factoring programs, call (800) 707-4845.

Latest South Carolina Updates

• Aiken, South Carolina Telecom Company Funded $500,000 with Invoice Factoring
• Greer, South Carolina Trucking Company Funded $120,000 with Accounts Receivable Financing
• Fort Mill, South Carolina Utility Company Approved for $600,000 with Invoice Factoring
• Easley, South Carolina Trucking Company Approved for $75,000 with Accounts Receivable Financing

South Carolina

South Carolina is a gorgeous and scenic place full of incredible parks, vistas, beaches and natural wonders in addition to small, quaint towns and bustling cities. This medium-sized state’s motto is “just right,” which seems appropriate as the weather is never too hot or cold, and there is a perfect balance of rural and urban life and exploration to take in. South Carolina is an excellent destination for tourists and businesses alike, as the catch-all attitude of the area makes it one of the most welcoming places in the United States.

The French and Spanish had both previously tried to colonize the area where South Carolina would eventually be formed, but no one could make it work until the English came along in 1629. It was at that time that King Charles I granted a massive section of land to Robert Heath who built South Carolina’s first permanent settlement there. He named the colony “Carolana,” which translated from Latin means “Land of Charles.” Fast forward to the eve of the Revolutionary War, and South Carolina was the very first state to sign the Articles of Confederation, the precursor to the U.S. Constitution. After the Civil War, South Carolina converted its agriculturally based economy into a thriving textile industry while simultaneously becoming home to several military bases. Today, South Carolina has an estimated population of roughly 4.9 million, up 5.9 percent since 2010.

Attractions

Those looking to visit South Carolina would do well to start with its beautiful natural scenery. Pawley’s Island is nestled in between Myrtle Beach and Charleston and is one of the East Coast’s oldest beachside resort destinations. A far cry from the more crowded and developed beaches of Florida and the West Coast, Pawley Island is ideal for those looking for the perfect place to take a barefoot walk down pristine beaches, relax in a rope hammock, or spend a day crabbing off of one of the many docks. Pawley’s Plantation and Golf Course was designed by Jack Nicklaus, so those looking to play a few rounds can enjoy the beautiful Carolinian countryside while playing on a world-class course.

Farther inland, lovers of the outdoors can explore Devil’s Fork State Park. This massive nature reserve is full of trails to hike, rivers to kayak, lakes to fish, and waterfalls to discover. This is a perfect place to spend a weekend camping, just due to the sheer number of places to explore in close proximity to one another. Devil’s Fork even has some fantastic deep lakes for people to scuba dive in and discover the local wildlife up close and personal.

For those who prefer urban exploration and nightlife, the city of Charleston is a thriving, fun place to spend a long weekend. While there are plenty of options on places to stay, the elegant Francis Marion hotel is right in the city square and offers guests a convenient place to stay that is awash in old, antebellum charm. This historic hotel opened in 1924 and is so breathtakingly beautiful that visitors should stop in and see it even if they aren’t booking a room. Around the corner is King Street, Charleston’s main hub of shopping, restaurants, and nightlife. Many people can (and do) spend multiple days hitting this happening strip without eating or drinking at the same place twice. Finally, if guests want to take in some culture in addition to the delicious food and drinks, then a visit to the Gibbes Museum of Art is a must. Established in 1858 and home of the Carolina Art Association, the Gibbes Museum is one of the oldest art organizations in the United States and houses one of the largest and most complete collections of American Art from the 18th century to present day.

Animals

South Carolina is also a great place for animal lovers to get the chance to explore and learn about both local and exotic wildlife. At Alligator Adventures, guests can see shows of alligator feedings as well as meet and greets with some of these giant reptiles. Alligator Adventures is home to two rare albino crocodiles, as well as Utan, the largest crocodile in captivity. On down the road is T.I.G.E.R.S or The Institute for Greatly Endangered Species. Here, guests can get closer than ever before to tigers, monkeys, elephants, and many more creatures. People can book special, up-close animal encounters to learn about these magnificent animals, as well as pet and play with them. Then, there is the Cape Romain Wildlife Refuge, which is home to a multitude of animals, and specifically some of the most endangered animals in the world – red wolves. There are only approximately 300 red wolves anywhere, and Cape Romain houses six of them. The center’s breeding program has been successful, with multiple litters of pups being born in recent years. While the center is accessible by land, most of it is actually out on Bull Island where ferries take multiple trips every day. Finally, there are the dolphin tours in Hilton Head. Bottlenose dolphins have long called the shallow waters of Hilton Head home, and there are several companies that will take guests out to watch the magnificent creatures jump, play and hunt. For many people, this is a once-in-a-lifetime opportunity to see some of the most intelligent animals on the planet in their natural habitat.

Economy

With all of that said, it is unsurprising then that today, tourism is the primary source of income for the state. Aside from that, the South Carolina economy has always had deep roots in its agriculture. There is an interesting symbiotic relationship between South Carolina’s manufacturing industries and its agricultural ones. For example, South Carolina has a huge textile and clothing industry based in the Piedmont area that relies heavily on the region’s cotton crops. The lumber and paper production industries need the 5 million hectares of trees and forest that cover the state. For many years, cotton was the dominant crop of the state, but recently tobacco and soybeans have seen a huge boom and have started to rival it as the most profitable crop. The fishing industry is also large and steadily growing, with the main catches being blue crab and shrimp. Additionally, South Carolina’s many military bases and nuclear facilities provide thousands of jobs and generate millions of dollars in revenue for the state. Today, more and more business are putting up headquarters in South Carolina, with the latest being airline giant Boeing. The company opened up an aircraft manufacturing facility just outside of Charleston that serves as one of two places for a final assembly plant for the 787 Dreamliner.

The Palmetto State

South Carolina is a land of incredible natural beauty and hip nightlife. It’s this duality that makes it such a popular tourist destination for travelers the world over. Few places in the U.S. have such a perfect blend of outdoor activities with urban centers for dining, shopping, and business. Many people might overlook the state because of its lack of a top 10 largest city, but it would be a mistake to pass on all the wonderful things “The Palmetto State” has to offer.