Invoice factoring also referred to as accounts receivable financing, is a cash-flow solution companies use to bridge the gap from the time they invoice their customers and the time their customers pay them. In many industries, it can take 30-90 days or more for customer payment. When you have operating costs, bills, payroll and more, you may not have time to wait on slow-paying customers. That is when invoice factoring can help.
One of the reasons Scale Funding is your top choice among other factoring companies in Irvine and California is that we get you funded in just three simple steps.
Contact us today and inquire about our Irvine invoice factoring programs. One of our financial representatives will give you a free, no-obligation consultation and quote, then answer any questions you have.
Once you’re quickly approved and setup, send your invoices to Scale Funding
The day that we receive your invoices, our account representatives will quickly approve them and deposit up to a high, competitive percentage of the invoice amount directly into your bank account.
Once your customer pays the invoice 30 to 90 days later, we’ll deposit the remaining percentage, minus a small fee for our services.
Irvine accounts receivable financing programs are customized to meet the needs of each business. Below are a few different scenarios in which we can help get you the cash your business needs.
|Expanding||If you’re expanding quicker than your cash-flow, turn to our Irvine invoice factoring programs. We’ll get you funded same-day so you’re able to accept the next contract.|
|Maxed-out credit||If your credit is maxed, we can help. Our customized factoring lines grow as your business grows. We offer monthly programs from $50,000 up to $20 million|
|Slow-paying customers||Instead of waiting to get paid from your customers, get paid the day you’re ready to invoice with factoring.|
|Start-ups||After you’ve invested all of your funds into opening up for business, you need cash to operate. Invoice factoring can help.|
|Bank turn-downs||Even when the bank says “no”, we say “yes.”|
|Less-than-perfect credit||We look at the credit of your customers, rather than yours.|
|Tax problems||We can work with tax issues such as liens.|
|Bank workouts||If the bank is pulling away funding that you once relied on, our Irvine accounts-receivable financing programs can fill the gap.|
|Bankruptcy||Get back to financial freedom after bankruptcy with factoring.|
Since 1994, Scale Funding has funded many businesses in a variety of industries.
Irvine, California is a city located in Orange County planned and developed by the Irvine Company in the 1960s. Incorporated in 1971, the 66-square-mile city now has over 250,000 residents. Irvine borders Tustin to the north, Lake Forest to the east, Costa Mesa to the west, Laguna Hills to the southeast, and Newport Beach to the southwest. Most of the city lies in a large, flat valley between San Joaquin Hills and Loma Ridge. However, the northern and southern areas of Irvine do include several canyons, plateaus, and hills. Irvine’s layout is divided into villages, which are separated by six-lane streets. Each village contains houses, religious institutions, commercial centers, and schools. There are two commercial districts: the Irvine Spectrum and the Irvine Business Complex.
In Irvine, as in much of Southern California, late spring and early summer are subject to the phenomenon known as “June Gloom,” with frequent overcast skies and occasional drizzle. Later in the summer and into fall, days are warm and dry for the most part. Mild winters with no frost are the norm; when the Santa Ana winds blow, even winter days can be hot and dry. Snow in Irvine is very rare, but it occasionally snows in the Santa Ana Mountains north of the city.
About 2,000 years ago, Irvine was inhabited by the Gabrieleno indigenous group. In 1769, a Spanish explorer named Gaspar de Portola came to the area and established missions, forts and cattle herds. The King of Spain made land available for missions and private use. In 1821, upon Mexico’s independence from Spain, the Mexican government took control of the land and began distributing it to Mexican citizens who applied for grants. Three of these grants made up the land that would become the Irvine Ranch. The eventual owner of the Irvine Ranch, James Irvine, left the property to his son, who integrated it into the Irvine Company and changed the ranch operations to olive and citrus crops as well as field crops.
When James Irvine, Jr. died in 1947, his son became president of the Irvine Company and opened small sections of the land to urban development. The University of California purchased 1,000 acres of land for a new university campus in 1959, and the state later purchased an additional 500 acres. Planners from the Irvine Company drew up plans for a city surrounding the new campus. The plan allowed for 50,000 people and included residential, recreational, and industrial areas. However, by 1999, the population had grown to 134,000, and today, this number has almost doubled.
There are more than 200,000 jobs in Irvine and over 26,000 businesses. The city strives to maintain a link with its business community, focusing on understanding the needs of its local businesses and making them and their employees aware of the services provided by Irvine itself. Irvine is the economic hub of Orange County and accounts for 49 of the top 100 publicly traded companies headquartered here. The city is ranked second in Orange County’s Business Council’s Workforce Housing Scorecard, which references the types of housing developed in the area. Irvine is also ranked among the cities in the US with the highest amount of parkland acreage per 1,000 residents by the Trust for Public Land.
Tourism contributes hugely to Irvine’s local economy as well. Traveler expenditures add hundreds of millions of dollars to Irvine’s economy annually from the hospitality, recreation, retail, and entertainment sectors. In addition, many corporations have their national or international headquarters in the city, particularly in the semiconductor and technology industries. Irvine’s top employers include the Irvine Company, the University of California, Verizon Wireless Corporate, Irvine Unified School District, St. John Knits, Broadcom, Allergan, Capital Group Companies and Edwards Lifesciences. There are also higher education institutions located in Irvine besides the University of California, including Irvine Valley College, Concordia University, California State University Fullerton, University of La Verne and Pepperdine University.
Irvine is one of the most diverse cities in the region and offers a rich cultural experience including a wide range of museums, festivals, theaters, and more. The Irvine Global Village Festival celebrates cultural richness with live entertainment, arts and crafts, and authentic cuisine from carried places such as Russia, India, France, and Iran. More than 50 cultures are represented, and this reflects in the entertainment, which features everything from American Jazz to Persian folk music to Chinese dance. This festival takes place each October.
Other attractions include the Irvine Barclay Theater, a 760-seat venue offering a variety of international performing arts experiences, and the Irvine Museum, where guests can take in exhibits of California’s impressionist movement from the turn of the century. The Beall Center for Art & Technology features video and interactive displays in a high-tech multimedia art experience; this center is located at the University of California. Irvine residents and visitors can also access the Ayn Rand Institute, a nonprofit think tank promoting author Ayn Rand’s philosophical system of Objectivism. There are three public libraries in Irvine: University Park Library, Heritage Park Regional Library and Katie Wheeler Library. The Heritage Library serves as Central Orange County’s reference library with a strong art and business focus. Katie Wheeler was James Irvine’s granddaughter, and the library building is a replica of the house in which she grew up.
Also, numerous movies and other productions have been filmed in Irvine, including Iron Man, Ocean’s Eleven, Poltergeist, Miss Congeniality 2, and You, Me and Dupree.
If you’re looking for fun things to do in Irvine, you won’t be disappointed. There are a wealth of attractions, events, and activities to entertain people of all ages. The community parks and neighborhood parks provide lots of open space and recreational amenities to enjoy. In particular, Northwood Community Park has recently added the unique Northwood Gratitude and Honor Memorial, listing thousands of names of the US military deceased from Iraq and Afghanistan.
Travelers can also spend the day at Boomers! a family entertainment center with indoor activities such as swings, carousels, restaurants, video games, and musical shows in addition to outdoor activities such as laser tag, miniature golf, bumper boats, and much more. You can also try your hand at indoor go-cart racing at K1 Speed, which also features leather couches, plasma screen televisions, racing memorabilia and art collections and a café.
Looking for great shopping? The Irvine Spectrum Center in southeast Irvine is an outdoor shopping center featuring a 21-screen cinema. Or head to the Market Place, another outdoor shopping center featuring stores such as Best Buy, Barnes & Noble, Lowe’s, Target, and much more.
The San Joaquin Wildlife Sanctuary is a constructed wetland of 300 acres that serves two purposes: to provide a habitat for birds and to remove nitrates from the creek water. The landscape attracts over 120 species of birds, including egrets, swallows, hawks, roadrunners, hummingbirds, pelicans, ducks, geese and kingfishers. The sanctuary is open to the public daily from dawn until dusk and features over 10 miles of wheelchair-accessible hiking trails. Or, enjoy an evening out at Irvine Improv, where guests can enjoy good food as well as good comedy from up-and-coming and established performers alike.
These are just a few of the diverse entertainment options the city of Irvine has to offer. This city truly has something for everyone, regardless of age or interests.