Factoring for Technology and IT Service Companies

Cash to Pay Bills, Meet Payroll, Service Customers, and More

Since 1994, Scale Funding has been a leading provider of factoring services to Technology and IT companies in the United States and Canada. These companies use invoice factoring to access the cash they need for payroll, servicing clients, and more.

If you are waiting too long for customer payments, factoring will provide the cash you need. Scale Funding offers competitive advances, and low factoring rates. Contact us for a free, no-obligation consultation and quote.

Accounts Receivable Factoring for Technology Companies

Many technology companies have a cash-flow gap because most of their customers are taking 30 days or more to pay their invoices. This is a challenge when you need the cash to meet payroll, get caught up on bills and invest in new resources.

As banks tighten up their lending qualifications and limits, technology companies can have difficulty getting a business loan or business line of credit. Even if the company does get approved, the process is lengthy and the amount of capital may be insufficient to keep up with the growing demands of their business.

Accounts receivable financing is an alternative financing solution that technology companies use to access the working capital they need.

While business loans and lines of credit can take weeks or months for approval, getting a quote for accounts receivable factoring can be as quick as 15 minutes.

Instead of waiting for 30 days or more to be paid on your invoices, Scale Funding provides a competitive advance within 24 hours. Once your invoice is paid by your customer, the remaining balance is remitted to you, less a small fee.

Access to working capital is easy for technology companies when they choose accounts receivable factoring for their finance solution.

Benefits of Factoring for Technology Companies

No Limits

Accounts receivable financing or invoice factoring gives technology companies the ability to grow. The amount of working capital increases as your company grows.

Fast Funding

Receive cash for your technology-related services in 24 hours or less.

Online Reporting

Track your invoices in real-time. Our secure, online reporting system allows your technology company to access aging reports, collection reports, and other report types at any time.

Customer Service

Technology companies that factor with Scale Funding receive quality customer service at all times. Your dedicated relationship manager is available to answer any questions and aid in your funding process.

AR Management

Instead of worrying about collecting on your receivables, let Scale Funding’s team of AR specialists do the work for you so you can focus on running and growing your technology company.

We Specialize in Invoice Factoring for Technology Companies

For more than 20 years, Scale Funding has provided technology companies with a cash-flow solution. By providing a steady stream of cash, it makes it easier for these types of companies to take on new contracts and grow their businesses.

Consultants

Businesses in just about every industry turn to technology companies that do consulting to help improve their processes. These services can include application management, analytics and information management, systems integration, technology strategy and architecture, and ERP-specific services (Oracle, SAP, and others).

Data Management

Financial, healthcare, and government are just a few of the many industries that utilize data management services to help manage and sort information needed to run their business efficiently. Our clients offer services that include workflow design and business process management, dimensional data modeling, data mining, and warehousing integration and others that help companies make critical business decisions using business intelligence and data analytics.

IT Services

Not all companies have the resources available to have a full IT department on staff. Business process, applications, and infrastructure outsourcing are typical paths to augment internal IT resources to gain greater business and technical expertise on a variable-cost basis.

Network Administration

Computer networks are essential to almost every type of business. Network and systems administrators handle the day-to-day operation of these networks. Scale Funding clients are involved in planning, deploying and maintaining network systems, including local area networks (LANs), wireless LANs, virtual LANs, wide area networks (WANs), network segments, intranets, and other data communication systems.

Software Development

As technology advances continue to be prominent in every industry, the need for new software is also growing. Software development companies are used to help companies improve their workflow by providing them with time-saving software developments. Scale Funding offers accounts receivable for companies in application development, systems development, web development, embedded systems development, scientific development, and test automation.

Technology Solutions Providers

Technology solution providers are utilized by companies of all sizes and industries. These companies provide a broad range of services in a broad range of areas, from ASPs to unified communications.

Web Design

A dynamic and responsive web presence is critical for business success. Scale Funding offers accounts receivable for companies involved in user experience (UX) design, interaction design, visual design, programming, and hosting.

Many More

As the demand for new technologies continues to grow, so does the list of services technology companies provide. No matter what service or product you provide, Scale Funding can help make sure you have the working capital you need to fund your business.