Stop waiting 30, 60, or even 90 days for customer payment and get paid today with Scale Funding’s invoice factoring programs customized for Texas companies.
Companies Benefit from Texas Invoice Factoring Programs
- Scale Funding offers low rates and competitive advances.
- The application process is quick and easy. Consultations and quotes are done in 15 minutes.
- Invoices you factor are paid within 24 hours, eliminating wait and worry.
- Unlike business loans and bank lines of credit, invoice factoring doesn’t create debt on your balance sheet.
- The more work you do, the more working capital you’ll receive. We grow as you grow.
- Full back-office support at no added cost: accounts receivable management, collections, credit analysis, and risk assessment.
- Experienced, knowledgeable service from North America’s leading factoring company.
Get a Quote for Factoring Today
A Texas Factoring Company for Many Industries
Scale Funding provides financing to a range of industries and businesses through our invoice factoring programs. Our accounts receivable financing lines range from $50,000 to $20 million, giving your company the ability to grow. Below are a few industries we serve.
Oilfield Services | Trucking & Freight | Staffing Agencies |
Heavy Construction | Utility & Pipeline | Technology |
Renewable Energy | Government Contractors | Telecom & Wireless |
Why Do Texas Companies Finance with Invoice Factoring ?
Companies choose Texas accounts receivable financing programs over business loans or business lines of credit for a variety of reasons.
Expansion & Growth
Companies that are growing rapidly need access to cash to meet new demands. The process of business loans can be lengthy. But with invoice factoring, set up can be as few as three days.
Maxed-Out Lines of Credit
Maxed out your bank line, but still need financing? Invoice factoring is your solution. The amount of capital you’ll receive will grow as your business grows, ensuring consistent cash flow.
Slow-Paying Customers
In a bind because you are waiting for payment? When companies can’t wait, invoice factoring provides them with a cash-flow solution that bridges the gap. Payments on invoices with accounts receivable factoring are received within 24 hours.
Start-Ups
Start-ups can have a tough time obtaining a business loan or line of credit. Using alternatives like accounts receivable factoring gives start-ups the cash they need to kick-start and grow their businesses.
Bank Turn-Downs
Just because the bank said “no” doesn’t mean that you’re out of options. Scale Funding helps Texas companies that are bank turn-downs with their cash flow by providing them an accounts receivable factoring line.
Less-Than-Perfect Credit
Companies with less-than-perfect credit can have difficulties obtaining a business loan or business line of credit. With invoice factoring, you are approved based on the creditworthiness of your customers, rather than yours.
Tax Liens
We have experience working with companies with tax liens and are able to provide them the funding that gives them a solution to their cash-flow problems.
Bank Workouts
Banks tend to pull away when the risks seem to get too high. If your company is in a bank work-out situation, invoice factoring can be your new source of cash to fund your business.
Bankruptcy
Companies that are reorganizing after a bankruptcy need working capital to get back on their feet. Most banks see this as too risky, but Scale Funding can help you.
Grow Your Texas Business with Invoice Factoring
We’ve helped companies in cities throughout Texas, including:
For more information on Scale Funding’s factoring programs for companies in Texas, call (800) 707-4845.
Latest Updates
- Longview, Texas pipeline company funded $100,000 through a Texas invoice factoring line.
- Laredo, Texas trucking company funded $40,000 with a Texas accounts receivable financing line.
- Granbury, Texas frac sand hauler funded $150,000 through a Texas accounts receivable financing line.
- Laredo, Texas trucking company funded $200,000 through a Texas invoice factoring program.
- Seagraves, Texas oilfield services company provided $50,000 in Texas accounts receivable financing.
Texas
Texas is the second largest state in the United States by population, with almost 27.5 million people. The state’s capital is Austin. Other major cities in the south-central state include Houston, San Antonio, Dallas, and Fort Worth. Houston has the largest population in the state with more than two million people.
Texas is known as “The Lone Star State.” The state flag is a visual representation, with a single star as decoration. This signifies Texas as a former independent republic. Six countries have controlled parts or all of the territory of Texas over its history: Spain, France, Mexico, Republic of Texas, Confederate States of America, and the United States.
The state has multiple climate zones and variable weather. From the Guadalupe Mountains, the Chihuahuan Desert to the Gulf of Mexico, there are plenty of features to choose from.
Economy
The economy has been dominated by agriculture, specifically livestock production. In fact, the city of Amarillo produces nearly one-fourth of all meat in the United States. Even early on, raising cattle was a way of life for Texans. The state claims the Texas longhorn as its state animal, along with the armadillo.
Another major industry is oil and gas production. Texas is filled with oil and gas businesses, including water haulers, gravel haulers, fracking service providers, trenching services, roustabout services, and many others. Headquartered here are large companies like Exxon Mobil Corporation, Phillips 66, Valero Energy Corporation, and ConocoPhillips.
Aside from oil production and agriculture, Texas also has top companies in technology, energy, computers, electronics, and aerospace. Some of the larger companies and employers in Texas include AT&T Inc., American Airlines, CenterPoint Energy, Inc., Shell Deepwater Development, and MD Anderson Cancer Center.
Education
Texas has over 35 separate and distinct universities, including the University of Texas, Texas A&M University, and the University of Houston.
Rice University, located in Houston, is ranked 17th best overall university by U.S. News & World Report.
Founded in 1879, Sam Houston State University is one of the oldest public intuitions of higher learning in the state and is named after the historic Texan who led the Texas Revolution.
Culture & Recreation
Texas has a variety of destinations, recreational activities, and historic places that both residents and visitors enjoy.
- The Alamo: A San Antonio mission known for its role when the Mexican army defeated the Republic of Texas defenders in 1836.
- Big Bend National Park: This park receives national significance as the largest protected area of the Chihuahuan Desert.
- Football: Football is king in the state. It has two National Football League teams: the Dallas Cowboys and Houston Texans.
- Lyndon B. Johnson Space Center: Named after former president and native, this Houston center is used for space training, research and flight control.
- NASCAR: Home of the Texas Motor Speedway, Texans enjoy watching NASCAR in Fort Worth.
- Performing Arts: Houston is one of five American cities with permanent professional resident companies in all major performing art disciplines. The Houston Grand Opera, the Houston Symphony Orchestra, the Houston Ballet, and the Alley Theatre attract patrons of the arts.
- Rodeos: With a love of cowboys, the state hosts rodeos throughout the year for both residents and tourists to enjoy.
- Six Flags Over Texas: This is an amusement park in Arlington, Texas with more than 50 rides and family-oriented entertainment.