Invoice Factoring is Your Cash-Flow Solution
Companies finance with invoice factoring as it’s a quick and effective cash-flow solution. Invoice factoring, also known as accounts-receivable financing, eliminates the cash-flow gap caused by slow-paying customers by providing instant cash for your receivables.
Although there are many factoring companies in Knoxville and Tennessee, Scale Funding is your top choice as we make the process simple. We’ll get you the financing you need to operate and grow in three quick steps.
Step One: Contact Us
Contact a financial representative at Scale Funding to inquire about our Knoxville invoice factoring programs. We’ll answer any questions you may have and get you approved in as little as 15 minutes.
Step Two: Submit Invoices
Once you’re quickly approved and setup, send your invoices directly to us.
Step Three: Get Cash
The day that we receive your invoices, we’ll deposit a competitive advance on the invoice amount directly into your bank account. Once your customer pays the invoice at a later date, we’ll remit the remaining balance to you, less our low factoring rate.
Why Use Invoice Factoring & Accounts-Receivable Financing?
Companies choose to finance through invoice factoring and accounts receivable financing because it provides them with the quick cash they need to maintain and grow operations.
If one or more of the following describes your business, we can fund you!
Slow-Paying Customers | If you’re waiting to get paid from your customers and could use the cash now, our Knoxville invoice factoring programs will pay you the day you’re ready to invoice. |
Expanding | Companies that are growing quicker than cash is coming in use factoring to speed up their cash flow. |
Maxed-Out Credit & Less-Than-Perfect Credit | Unlike bank loans and lines of credit, our Knoxville accounts-receivable financing programs aren’t dependent on your credit. |
Start-Ups | Since 1994, we’ve helped start-ups grow with our factoring programs. |
Bank Turn-Downs & Workouts | We offer more flexibility than banks do, so even when they say “No,” we can help. |
Tax Issues | Even if you have a tax lien, our Knoxville factoring company programs can provide you with the cash you need. |
Bankruptcy | Get back to financial freedom after a business bankruptcy with the help of our DIP financing solutions. |
Industry Expertise
Scale Funding has more than 22 years of experience in a variety of industries. Our team of knowledgeable experts is another reason why we’re your top choice among other factoring companies in Knoxville and Tennessee.
- Telecom
- Wireless
- Trucking
- Welding
- Oilfield
- Heavy Construction
- Pipeline
- Utility
- Technology
- Renewable Energy
- Government Contractors
- Staffing Agencies
- Many More
Knoxville
Knoxville is the third largest city in Tennessee and as of 2015 has a population of just under 180,000 people. Just outside the city, however, the Knoxville Metropolitan Area has a population closer to a million. The city is known for a myriad of things including its outdoors and nature destinations, art and music scene, culinary and nightlife community and of course its massive collegiate sports culture. No matter where visitors or locals find their passion, they are sure to find something interesting in Knoxville.
History
Knoxville was founded in 1786 and at the time was the very first state capital of Tennessee. While it was the capital, the city struggled with being geographically isolated from many of the other major cities of the time. Fortunately, when the railroad arrived in 1855 the sudden opportunity for both trade and travel led to an economic windfall. The economy of the city grew steadily, with specific booms in the wholesaling and manufacturing sectors. The city began to see a slow and steady decline in the 1920s as the manufacturing sectors began to collapse but in 1982 Knoxville hosted the World’s Fair which did wonders to rejuvenate the city. Knoxville became home soon became home to two vitally important institutions. The first is the Supreme Court of East Tennessee, and the second is the Tennessee Valley Authority, or TVA. After The Great Depression, the TVA was responsible for many rebuilding and construction projects like dams and power plants that created thousands of jobs and provided valuable energy to Tennessee as well as parts of Kentucky, Mississippi, Virginia, North Carolina and Georgia.
Economy
Today, Knoxville economy is more diversified than it was in the past. Whereas before Knoxville ran almost exclusively on the production and wholesale industries, today there are many different sectors that contribute to the city’s economy. Government entities have the largest share of the work force at 16 percent, but professional services, education and healthcare, and retail are right behind them and 14 percent, 14 percent, and 13 percent respectively. The aforementioned Tennessee Valley Authority is the city’s single largest employer with over 12,000 employees and $12 billion in annual revenue. The TVA is also the nation’s largest public power provider. Outside the government sector, major corporations that call Knoxville home include the Regal Cinema Group, Scripps, Ruby Tuesday and Pilot Flying J.
Neyland Stadium
The number-one draw in Knoxville is Neyland Stadium, home to the University of Tennessee Volunteers or “Vols.” This college’s sports programs are incredibly popular, particularly football. Neyland Stadium isn’t just one of the biggest college sports stadiums, it is one of the largest stadiums in the entire world. When it was first built in 1921, it could hold 3,200 people which was a sizable number at the time. Today, many years and renovations later, the stadium’s capacity has grown to a staggering 109,000. Next door to that is the Thompson-Boiling Arena where the men’s and women’s basketball teams play. This building is one of the largest indoor basketball arenas in the country. Speaking of basketball, Knoxville is also home to the Women’s Basketball Hall of Fame, thanks to the effort and success of Pat Summitt and the UT women’s basketball team. During her career, Summitt earned 1,098 career wins which was good enough to make her the winningest coach in NCAA history. Needless to say, there is plenty for sports fans to get excited about in Knoxville.
Tennessee Theatre
For a quieter evening, visitors should catch a show at the Tennessee Theatre. The theatre was originally constructed in 1928 and was architecturally unlike anything the city had seen at the time. Architects Graven and Mayger took influences from all across the globe to create a gorgeous building that was truly unique. The Theatre played host to a few classic Hollywood premiers, featured an original $50,000 Wurlitzer organ and was added to the National Register of Historic Places in 1982. Today, the theatre is home to both the Knoxville Symphony Orchestra and the Knoxville Opera. The theatre also hosts traveling Broadway shows and has featured performances of Chicago, Stomp, Hairspray, Jesus Christ Superstar, Mamma Mia, Beauty and the Beast, The Wizard of Oz and many more.
Ijams Nature Center
For those looking for something a little more active and adventurous, look no further than the Ijams Nature Center. Located just outside the city proper, this nature center has everything an outdoors lover could want. The first place to stop in is the Nature Center, where visitors can pick up maps of the nearby trails and chat with friendly park rangers. The center also hosts “creature features” periodically, where guests can get up close and personal with some of the indigenous wildlife. There is no end of things to do at Ijams including hiking, biking, canoeing, kayaking, or just having a meal outside at one of the many picnic areas. The most popular attraction here, though, is the Navitat zip line and ropes course. Here, adventurers of all shapes and sizes can engage in Navitat’s six elevated adventure trails that have guests suspended high up in the trees. For a different kind of thrill guests can even wait until nighttime and complete the course under the stars.
Knoxville Zoo
If visitors still haven’t gotten their fill of nature, then they can head over to the Knoxville Zoo. This 53 acre zoo is home to over 800 different animals and sees almost half a million visitors annually. There are several different habitat areas in the zoo, each focusing on the various wildlife in different regions of the world. Some of the most popular zoo exhibits include Black Bear Falls, Chimp Ridge, Grasslands Africa, Meerkat Lookout, Stokely African Elephant Preserve, The Boyd Family Red Panda Village, The Clayton Family Kids Cove and The Williams Family Giraffe Encounter. That’s far from all of the animals visitors will find at the zoo though. There are also exhibits feature tigers, baboons, lions, red wolves, otters, gibbons, zebras, rhinos and many more.
World’s Fair Park
The perfect place to end a day in Knoxville is at the World’s Fair Park. It was here that back in 1982 people gathered from all over the globe to see the latest in technology, art and science. It is the fair that restored Knoxville to economic prominence and its Scale and success are still felt and celebrated today. Here there are fountains and paths to walk and take in the sites of the city, as well as plenty of shopping and premiere dining opportunities. The most prominent feature of the park, though, is the Knoxville Museum of Art. The museum highlights the visual legacy of East Tennessee and features art from local, national, and global artists. While the museum has several permanent collections, one of its main focuses is providing an exhibition space for solo artists. Over the years, the museum has hosted exhibitions for many artists many of whom are relatively new. By providing up and coming artists a space to showcase their work, the museum contributes to both the current state of art and its healthy future.
An Unmistakable Skyline
Knoxville is a beautiful town with an unmistakable skyline. Here, visitors can dive into the history of the city, or distract themselves with fantastic shows, concerts and nightlife. There is plenty to see and learn about just outside the city, particularly for those who seek to get up close and personal with Mother Nature. Knoxville is a growing city that continues to thrive and gain the attention of people and travelers nationwide.