Invoice factoring, also known as accounts-receivable financing, is a form of financing that many companies in Gainesville and the surrounding areas use over traditional loans or lines of credit.
Our Gainesville invoice factoring programs work by selling your invoices (receivables) to Scale Funding in exchange for a competitive advance on the amount of the invoice. Once your customer pays 30 or more days down the road, we’ll send the remaining amount of the invoice, less our factoring fee.
There are several other advantages of Gainesville accounts-receivable financing programs over loans or lines of credit, such as increased cash flow and quick approvals and back-office support services.
Companies of all sizes and industries deal with customers that are slow-paying. Our Gainesville invoice factoring programs are specialized to the unique needs of businesses so that we can provide a solution to this problem. We have financed companies in many industries, including:
|Trucking & Freight
|Telecom & Wireless
|Utility & Pipeline
With more than 20 years of experience providing best-in-class financing solutions, Scale Funding is top choice of factoring companies in Gainesville. We help companies in the situations below, and more:
If the situations above describe your company, give Scale Funding a call today at 800-707-4845 to get your approval.
Centrally located between Atlanta, GA and Miami, FL, Gainesville is home to approximately 124,000 people. Although the city is about two hours away from a beach in either direction, Gainesville has a wealth of activities that will appeal to any age or interest. From the city’s preserved historical landmarks to its vibrant music and theater scene, Gainesville is a great place to live in or visit.
Native American tribes inhabited the area in and around present day Gainesville for thousands of years before Spanish explorers arrived in the mid-1500s. The Spanish continued to maintain a presence in the area until the British took over in the 18th century. The town of Gainesville was established in 1853 in response to the locals’ desire to have the county seat along the newly created Florida Railroad. During the Civil War, Gainesville played a strategic role for the Confederate Army, as it was the site of their storehouse. During this time, the town square also briefly acted as a battleground when the Union Army tried to loot the town. However, the Confederate Army fought back and successfully killed or captured all of their Union Army attackers. Incorporated in 1869, Gainesville became one of the largest cotton shipping centers in the state, which expanded further when a second railroad came to the area in the 1880s. The population grew quickly once the University of Florida was established in 1905, rising to over 10,000 by 1920. The university became an important part of the region’s economy and helped it to weather the collapse of the cotton industry during World War I. The university’s presence has also created a strong activist community, which, at times, has drawn national attention. One of the most notable activist events involved the Gainesville Eight, who were acquitted of charges in 1973 after being accused of conspiring to violently disrupt the 1972 Republican National Convention in Miami Beach.
In the early 1960s, a number of Gainesville’s historic buildings were demolished, including the city’s original Victorian courthouse. Realizing that these historic landmarks could never be replaced, the residents became more mindful of the importance of historic preservation. As such, a number of the remaining buildings were added to the National Register of Historic Places, including the Post Office (renovated into the Hippodrome State Theatre in 1980), the Seagle Building, and the Baird Hardware Company Warehouse. One of the most well-preserved residential neighborhoods in Gainesville is located in the Northeast Historic District. This sixty-three-block area contains more than 290 historic buildings, including 24 homes that were built before 1900. Another district, the Pleasant Street Historic District, is the oldest residential black community in Gainesville. Once a part of the Nehemiah Brush Estate, where a number of freed slaves moved after the Civil War to buy land and establish their own churches and schools, the Pleasant Street Historic District contains more than 250 historic buildings. Touring some of Gainesville’s historic landmarks is a popular activity for the city’s visitors. The Historic Haile Homestead at Kanapaha Plantation, one of Gainesville’s oldest homes, is not to be missed.
The University of Florida (UF) is the most significant part of Gainesville’s economy. It is the city’s top employer, as well as a major employer for the state, directly employing more than 41,000 people between the university and the UF Health Shands System. In addition to supplying jobs, the university brings a lot of visitors to the area for activities ranging from sports competitions and UF sponsored events, to visiting faculty and students for research. In the fiscal year 2014-15, UF’s total economic impact on the state of Florida was a whopping $12.56 billion. With its main campus in Gainesville, a large portion of this economic impact is felt in the city. Health care is also an important part of the city’s economy. In addition to the UF Health Shands System, the Veterans Affairs Medical Center and North Florida Regional Medical Center are also top employers.
Another major employer in the region is Nationwide Insurance, who recently condensed a number of its personal lines service centers from around the country into a single location in Gainesville. Over the next few years, the company plans to add an additional 500 jobs to its current workforce of almost 900.
Gainesville is highly underrated as a music hub. In fact, music plays an important role in the culture of the city. As home to more than 50,000 college students each year, the bars and clubs in Gainesville offer a wide variety of music in order to cater to the diverse backgrounds and tastes of the students. The music community in the city is very tight-knit, which creates the perfect environment for innovation and collaboration. Many well-known bands and musicians got their start in Gainesville, including Tom Petty and the Heartbreakers, Stephen Stills and Bo Diddley. Currently, the city is home to two independent record labels, No Idea Records and Elestial Sound.
Located in the old historic Post Office, the Hippodrome (also known as The Hipp) is one of the region’s only professional theaters. Founded in 1972, the Hippodrome moved into its present location in 1979 and with the help of the community, state, and an NEA grant, was able to renovate the building to what it is today. The Hippodrome is one of the city’s most celebrated performing arts centers, with a variety of performances that draw more than 60,000 people per year. Some major playwrights have developed their work on the Hippodrome stage, including Tennessee Williams, Eric Bentley, and Paula Vogel. In addition to its mainstage, the Hippodrome has a 75-seat cinema, which screens independent, foreign, and limited release films and hosts more than 700 screenings a year. The Hippodrome art gallery also has rotating exhibits featuring some of Florida’s top artists.
Gatorade was invented in Gainesville in the 1960s for the UF Football team, the Gators, to help counteract the negative effects of Florida’s heat and humidity on their athletic performance during the summer months. Although the company’s headquarters are now located in Chicago, the UF Football team still receives a share of the profits.