If your company is looking for business financing that is simple, fast and flexible, look no further than Scale Funding, your top choice among factoring companies in Peoria and Arizona. When a bank can take weeks, even months, for financing approval, our Peoria invoice factoring lines can be set up in as little as three days.
Invoice factoring, which is also called accounts receivable financing or receivables financing, is when you sell your receivables to a factoring company to receive an advance on the total. When your customer pays you 30 to 90 days later, you receive the remainder, less a factoring discount. Here are some of the distinct advantages of factoring when compared to a bank loan or bank line of credit:
Loans & Lines of Credit
|Quotes in as little as 15 minutes||Lengthy approval process|
|Same-day funding||Funding can take up to three months|
|Eliminates cash-flow gap||Cash-flow gap remains|
|Free credit checks on your customers||No credit or risk services|
|No added debt to your company||Debt is created|
One of the many advantages of our Peoria accounts receivable financing programs is that we have the ability to be flexible to meet your unique business needs. When it comes to getting you the cash flow you need, Scale Funding has a program for you.
Many of our customers are struggling due to slow-paying customers, but there are plenty of benefits that go beyond providing you immediate cash flow.
We offer professional collections services that can strengthen the relationship with your customer. Our skilled funding teams are experts on invoicing requirements and provide the value-added services of assisting you in getting your invoicing compliant, which is a huge benefit to start-ups. What is your need? Contact us to see how else we can help.
With our over two decades of experience, Scale Funding has the expertise to not only get your invoices paid quickly but more importantly to understand your business needs. Whether you are a sole-proprietor or a business with dozens of employees, our flexible programs can provide your business with anywhere from $50K to $20MM monthly. Here are some of the industries that we have worked with and benefitted:
|Trucking & Freight: flatbeds, vans, hots shots, refrigerated trucks, intermodal, heavy hauling and many more||Telecom & Wireless: cell tower contractors, wireless contractors, fiber optic installation and many more|
|Oilfield Services: drilling, frac sand hauling, water haulers, roustabouts, gravel haulers and many more||Heavy Construction: crane operators, welding, HDD, excavating, grading, equipment rental and many more|
|Government Contractors: local, state, federal, construction, security, defense and many more||Utility & Pipeline: utility locators, pipeline construction, pipeline maintenance, sewer maintenance and many more|
|Technology: security, IT solutions, network administration, website design, software development and many more||Renewable Energy: wind, water, solar, site preparation, site operations, contractors, construction and many more|
|Staffing Agencies: temporary, healthcare, medical, administrative, clerical, general labor and many more||Other Industries: welding, janitorial, wholesale, distribution, manufacturing, printing and many more|
Located around 14 miles northwest of Phoenix, settlers from Illinois established Peoria in 1886 close to the eastern bank of New River. According to the U.S. Census Bureau, the population is 154,065, making it the ninth largest in the state. It is the sixth largest city in Arizona for land area, with an aggregate area of 141.7 square miles, of which 2.44 percent is water.
The city of Peoria got its name from Peoria, Illinois. Settlers arrived in the area to cultivate the land. Incorporated in 1954, the city has consistently developed from an agricultural area into what is a thriving city in Arizona.
Urban areas nearby include Scottsdale (roughly 25 miles toward the east), Tempe (roughly 22 miles toward the southeast), Surprise (roughly 9 miles toward the northwest), Glendale (around 4 miles southeast), and Mesa (around 30 miles toward the east)
The earliest settlers of Peoria used the Arizona Canal to irrigate the surrounding dry desert. Peoria became a stop along the Santa Fe, Prescott and Phoenix Railway in 1895, and even boasted its own landmark water tower and train station.
The town started to take shape as a suburb of Phoenix in the last half of the twentieth century, increasing from 600 inhabitants in 1920 to more than 151,000 in 2007. The city continues to extend through both land annexation and an increasing population; it now includes Lake Pleasant (the famous recreation area) and reaches out into a small part of Yavapai County.
Peoria is governed by an elected city council that consists of six district representatives and a mayor.
The city is home to Lake Pleasant Regional Park, a huge water recreation area offering fishing, housing campgrounds and boating activities. The Peoria Sports Complex is another major recreational facility, which fills in as the spring training site for both the San Diego Padres and Seattle Mariners.
Constructed in 1994, the complex was the main Major League Baseball facility to be shared by two teams for year-round player development and spring training games. Peoria is likewise home to the Challenger Space Center. With more than 20,000 square feet, it offers educational experiences for families, students, and space travel fans.
Situated in southern Peoria, Rovey Industrial Park offers 328 acres of land in a well-developed community with good transportation corridors and strong infrastructure. The Park is located along the BNSF rail line into Phoenix and neighbors the SRP Agua Fria Electric Generating Station, the Butler Water Reclamation Facility and the Peoria industrial park.
Other Peoria attractions include:
From its dazzling geology to expanding workforce, Peoria is turning into an undeniably well-known place to invest and live in. The leaders of the city have embraced a crucial economic advancement plan to use a skilled workforce to draw the attention of organizations to the city. The plan grandstands the city’s aggressive approach to targeted business expansion, development partnerships, the creation of high-wage jobs and real estate development.
Peoria is likewise dedicated to working with organizations in targeted industries that will be critical to the future of the region’s economy. The city’s Economic Development Implementation Strategy is building these industries as they complement Peoria’s current potential, devote resources to supporting businesses in such industries.
Peoria has attracted many global high-tech manufacturers, including Maxwell Technologies, AVIAGE SYSTEMS (China) and GEPACK (Portugal). The city can possibly help manufacturing companies hoping to grow in a steady, skilled southwestern U.S. area with access to existing structures and shovel-ready sites along interstate ways and major arteries.
Peoria has a yearly, comprehensive business community forum highlighting Peoria’s demographics, targeted industries, investment opportunities and rules for any investor, end-user or developer considering to move to the city.
Peoria is building its economy to contend on a global Scale. The city is constantly known for its technically-skilled workforce and high knowledge.
Peoria has dependably been known for its high quality of life, and now the city is attracting commercial development and new investment into its core business districts. A commitment to facilitating good business conditions has enabled this. In addition, just recently, the city attracted two nationally-recognized universities. Huntington University and Trine University, both from Indiana, opened Peoria areas with an eye toward meeting local business workforce needs.
With more than 3,000 students, Peoria borders the biggest medicinal school in Arizona and is centrally located between six noteworthy regional hospitals. About 19 percent of the Peoria workforce has a healthcare education.
Peoria made Arizona’s first medical device incubator, BioInspire, in conjunction with a local bioindustry commercialization organization, BioAccel. Just like some of the typical business incubator, BioInspire offers top-of-the-line technical business assistance, working space, collaborative opportunities, and lab space.