Colorado

Why do Colorado Companies Use Factoring Companies?

Businesses of many sizes and in many financial stages turn to Colorado invoice factoring and accounts receivable financing programs to fund their companies. Factoring companies provide quick access to cash, so business owners can take control of their finances to meet payroll deadlines, catch-up on bills, and invest in new resources.

If you’re tired of waiting to get paid from slow-paying customers and need quick access to cash to fund your business, we can help.

Scale Funding works with companies in a variety of situations. For more than 20 years we’ve helped growing companies, startups, and companies with financial challenges get the cash they need to succeed. Even if your credit is maxed, less-than-perfect or you were turned down by a bank; we can help you gain control of your financing.

Accounts Receivable Financing

Many Colorado companies use accounts receivable financing as a cash-flow solution. Instead of waiting for slow-paying customers, accounts receivable financing, also known as invoice factoring, pays you on your invoices within 24 hours.

Scale Funding provides a competitive advance on your invoice amount, same day. While we wait for your customer to pay, you’ll have the cash to catch up on bills, meet payroll, and invest in new resources. Once your customer pays, Scale Fundings pays you the remaining invoice amount, minus a small fee.

An Alternative to Business Loans or Business Lines of Credit

While business loans and business lines of credit can be good options for some businesses, these might not always be the best solutions.

With business loans and lines of credit, the amount you’re provided is capped. With invoice factoring, the cash available to your business grows as your business grows. The more contracts you win, the more cash that comes available to you.

If you need access to cash quickly, business loans or lines of credit aren’t practical choices. It can take weeks or months due to the long and extensive approval and application process. With invoice factoring, Scale Funding funds you within 24 hours.

Which Industries Benefit from Invoice Factoring?

Businesses in many industries benefit from Colorado invoice factoring and accounts receivable financing programs.

If your company sells to other businesses, invoices on net terms, and is waiting to get paid by your customers, Scale Funding can help. We eliminate the cash-flow gap giving businesses in many industries the ability to maintain and grow operations.

Oilfield Services

• Roustabouts
• Frac Sand Haulers
• Water Haulers
• Drilling Contractors
• Many More

Telecom & Wireless

• Tower Construction
• Tower Maintenance
• Antenna Maintenance
• Fiber-Optic Installation
• Many More

Heavy Construction

• Excavating
• Grading
• Heavy Hauling
• Crane Operators
• Many More

Trucking & Freight

• Heavy Haulers
• Reefers
• Flat Beds
• Tankers
• Many More

Technology

• Consultants
• IT Services
• Software Development
• Solutions Providers
• Many More

Government Contractors

• Defense
• Service
• Technology
• Transportation
• Many More

Utility & Pipeline

• Pipeline Construction
• Utility Work
• Sewer Construction
• Site Maintenance
• Many More

Staffing Agencies

• Administrative
• Medical
• Clerical
• Industrial
• Many More

Renewable Energy

• Solar Energy
• Wind Energy
• Site Preparation
• Site Maintenance
• Many More

Other Industries

• Wholesale
• Manufacturing
• Distribution
• Wholesale
• Many More

We’ve Worked With Companies Throughout Colorado in Cities Including:

Aurora	Colorado Springs	Denver
Fort Collins	Grand Junction	Lakewood
Loveland	Silt

Latest Colorado Updates

• Loveland, Colorado Staffing Agency Funded $150,000 with a Colorado Invoice Factoring Line
• Fort Collins, Colorado Oilfield Service Company Funded $500,000 with Accounts Receivable Financing
• Commerce City, Colorado Trucking Company Funded $40,000 with Invoice Factoring
• Silt, Colorado Oilfield Service Company Funded $380,000 with Invoice Factoring
• Commerce City, Colorado Oilfield Trucking Company Approved for $2 Million Accounts Receivable Line

Colorado

Colorado encompasses most of the southern Rocky Mountains as well as the northeastern portion of the Colorado Plateau and the western edge of the Great Plains.

Colorado is the 8th most extensive and the 22nd most populous of the 50 states. The United States Census Bureau estimates that the population is approximately 5.4 million. Denver, the state capital, has about 650,000 residents.

The state was named for the Colorado River, which Spanish travelers named the Río Colorado for the ruddy silt the river carried from the mountains. The territory of Colorado was organized on February 28, 1861, and on August 1, 1876, U.S. President Ulysses S. Grant signed Proclamation 230 admitting Colorado to the Union as the 38th state.

Colorado is nicknamed the “Centennial State” because it became a state in the same year as the centennial of the United States Declaration of Independence.

Colorado Parks and Wildlife manages the 42 state parks and 307 wildlife areas. The state is home to more than 400 species of birds. Fisheries management predates all other wildlife management activities in Colorado. Fish hatchery technicians are responsible for the aquaculture of 56 separate strains of fish, and raise and stock over 90 million fish each year. Big game hunting is also popular in Colorado with species that include deer, elk, pronghorn, sheep, goats, bear, and moose.

Economy

Top industries are mostly in agriculture which contributes over $7 billion to the state’s economy. These include cattle, wheat, marijuana, dairy, corn, and hay. Cattle and calves are Colorado’s number one livestock product with 2.6 million head of cattle in the state. Colorado dairy industry produces more than 2.5 billion pounds of milk.  Colorado also produces more than 100 million pounds of pinto beans.

Other significant industries include scientific research and high-tech industries.

Some of the state’s top employers include USAA, Edward Jones, Physician Health Partners, Renewal by Anderson Colorado, and LIVE Urban Real Estate.

Some larger companies include Denver International Airport, University of Colorado – Boulder, Lockheed Martin, Peterson AFB, Colorado State University, and Western Union.

Entertainment

Colorado also holds the largest rodeo in the nation as well as the largest mineral hot springs pool in Glenwood Springs.

The state’s climate has a variety of seasons that allows for numerous outdoor activities seasonally dependent as well as personal choice. Some of these outdoor activities include skiing, snowboarding, hiking, camping in the mountains, horseback riding, ranching, rafting, boating, and golfing.

Professional sports teams include the Denver Broncos, the Denver Nuggets, and the Colorado Rockies.

Performing Arts and Entertainment:

• Ellie Caulkins Opera House
• Colorado Opera
• Denver Center Theatre Company
• Colorado Ballet
• Colorado Symphony Orchestra
• Vail International Dance Festival

Amusement Parks and Zoos:

• Alpine Funtier
• Buckskin Joe
• Elitch Gardens
• Funtastic Fun
• Lakeside Amusement Park
• Denver Zoo
• Pueblo Zoo

Museums:

• Denver Museum of Natural Sciences
• Colorado Railroad Museum
• Denver Art Museum
• Colorado Springs Fine Art Center
• Museum of Contemporary Art Denver

Notable Names

Tim Allen is homegrown in Colorado. He is widely known film and television actor and comedian. John Kerry is also from Colorado. He is a statesman, U.S. Representative, and Secretary of State.