Speed up Your Cash Flow with Invoice Factoring
Invoice factoring, also known as accounts-receivable financing, is a common B2B financing solution that allows companies just like yours to speed up their cash flow.
Although there are many reasons why companies may use our Abilene invoice factoring programs, the majority of them simply need quick access to working capital to keep up with business obligations. Most companies simply cant wait 90, 30 or even 15 days for customer payment. Invoice factoring eliminates this wait by paying you same day on your invoices.
Another common reason companies use Scale Funding over other financing and factoring companies in Abilene and Texas is because we’re able to fund companies even when a bank cannot. Whether your credit is maxed, less than perfect or you have little financial history, we can help. Our approvals are based more on the creditworthiness of your customers rather than yours.
Invoice Factoring vs. Business Loans and Lines of Credit
While both invoice factoring and loans and lines of credit are common financing solutions, they are different in several ways.
First, invoice factoring does not create debt on your balance sheet. The working capital you receive is simply from the cash that is normally tied up in your accounts receivables. With a loan or line of credit, you’re creating additional debt, which can create a challenge if you need more financing in the future.
Second, our Abilene invoice factoring programs offer quick, 15-minute approvals and setup in a matter of days. With a loan or line of credit, the approval and setup process can take weeks or even months.
Lastly, our programs grow as your business grows. Our financing solutions include month-to-month programs and range from $50,000 to $20 million, giving both start-ups and well-established companies the ability to grow.
Industries
Since 1994, Scale Funding has offered Abilene accounts-receivable financing programs to a number of industries. Our team knows the invoicing process and major players in several B2B industries, including:
Staffing Agencies
- Temporary
- Administrative
- Clerical
- Industrial
- More
Oilfield Services
- Frac Sand Haulers
- Water Haulers
- Drilling
- Well Servicing
- More
Trucking & Freight
- Flatbeds
- Refrigerated Trucks
- Intermodal
- Heavy Hauling
- More
Heavy Construction
- Crane Operators
- Excavating Contractors
- Welding
- Concrete Contractors
- More
Utility & Pipeline
- HDD
- Utility Locators
- Welding
- Pipeline Construction
- More
Renewable Energy
- Wind
- Sold
- Hydro
Government Contractors
- Local
- State
- Federal
Technology
- Consultants
- Data Migration
- Network Administration
- More
Telecom & Wireless
- Tower Construction
- Tower Inspection
- Fiber Optic Installation
- BTS Installation
- More
Abilene, Texas
Abilene is located in west Texas and lies in Jones and Taylor counties. The city has a population of more than 122,000, making it the 27th biggest city based on population in Texas.
Economy
Abilene has a diverse economy based on education, entertainment, warehousing, finance, commerce, real estate, agriculture, oil, light manufacturing and transportation. The oil industry grew after World War II due to vigorous drilling, exploration and refining activities.
The city had one public and 12 commercial radio stations, a newspaper and four television stations by 2010. The Dyess Air Force Base is the main employer in the city, and the main contributor to the local economy. Local colleges and universities grace the city, surrounded by an agricultural area with numerous evangelical churches.
Recreation, Art and Culture
Abilene offers a rich culture and a range of avenues and activities for fun. One may choose to learn the local history at cultural centers, dine at great restaurants, visit the available public parks, indulge in art or attend special events. Restaurants specialize in brews and barbecue, while the Texas Forts Trail takes you through history. Cowboy and bullfight competitions are also popular in the city.
The city houses a number of libraries and public parks, the Paramount Theatre, Center for Contemporary Arts, 12th Armored Division Museum, Philharmonic Grace Museum and Abilene Zoo.
The parks offer various facilities and activities, including picnic areas, restrooms, creeks, pavilions, trails, grills, skate parks, disc golf, benches and basketball courts. Some of the best public parks include:
- Abilene State Park
- Red Bud Park
- Will Hair Park
- Arthur Sears Park
- Cal Young Park
Education
The education system of Abilene focuses its resources on providing a safe and resourceful environment for learners. Teachers concentrate on nurturing every student’s unique abilities and talents. Some of the best schools in Abilene include:
- Wylie Early Childhood Center
- Dyess Elementary School
- Locust Headstart
- Abilene High School
- Madison Middle School
- Academy for Technology Engineering, Math and Science
These institutions provide residents with quality and affordable education services, as they possess the necessary learning tools, highly qualified and experienced teachers and non-teaching staff. They strive to achieve academic excellence through a personalized approach towards guiding growing kids in learning and developing into great social assets.
Health Facilities
The city is home to many modern health care centers that collaborate to promote individual health and general social well-being. Most of these facilities possess high-tech equipment and highly trained medical professionals, who provide patient-centered services.
Some of the services available in the city include dental care, family planning, disease diagnoses and treatment, healthy living education, home nursing and rehabilitation. The following are some of the most reputable health centers in the city:
- Abilene Regional Medical Center
- Cascade Abilene Nursing Home
- Medical Care Mission
- Abilene Community Health Center
Housing
The city provides a wide range of housing options, including townhomes, condos, bungalows, maisonettes, apartments and single family dwellings. Abilene Housing Authority offers affordable housing to homeless veterans, senior citizens and low-income families in an attempt to promote economic viability, improve quality of life and increase self-sufficiency.