Accounts-receivable financing, which is also called invoice factoring, is a common cash-flow solution companies use that need to speed up their cash flow. The process works by selling your open invoices to a factoring company at a discount in exchange for same-day cash.
While there are many financing and factoring companies in Savannah and throughout Georgia, Scale Funding is proud to be your number-one choice.
We offer 15 minute approvals, simple setup, same-day funding, low rates and free credit and collection services. Since you’ll no longer have to worry about when you’ll get paid, you’ll be able to focus on growing your business.
Another advantage of our Savannah invoice factoring programs is that they do not create additional debt like a bank loan or line of credit. When you need more financing, we’re able to quickly provide that to you as our contracts are month-to-month and adjust based on the volume you’re doing. We can fund you anywhere from $50,000 to $20 million per month, giving you plenty of room to grow.
For more than 20 years, Scale Funding has provided accounts-receivable financing for a variety of industries. Some of the industries we are experts in are:
|Trucking & Freight||Staffing Agencies||Oilfield Services|
|Technology Companies||Government Contractors||Renewable Energy|
|Utility & Pipeline||Heavy Construction||Telecom & Wireless|
Companies in a variety of situations use invoice factoring to take control of their cash flow. Below are just a few examples.
Our Savannah accounts-receivable financing programs are customized to meet the unique needs of each business. No matter how new or how established your business is, we have a program that can work for you.
Savannah is one of the most well-known southern cities in America. Located along the Savannah River in the state of Georgia, this historic city holds a significant place in the nation’s story. This is because Savannah has played a major role in many moments that defined American culture, from the American Revolution to the American Civil War.
Today, Savannah is a vital seaport and industrial center. It is also one of the oldest and largest metropolitan areas in Georgia. Home to more than 146,000 people, Savannah is also one of the most diverse. Peppered with hundreds of multicultural neighborhoods, this city embraces the spirit of diversity and inclusiveness.
Savannah is praised as one of the most serene and picturesque cities in America, receiving plenty of tourists every year. Its famous grand oaks covered in Spanish moss, cobblestone streets, almost tropical climate, urban parks and numerous attractions make this the perfect place to live in or visit.
Furthermore, the city’s rich history going back more than two hundred years is well preserved in its historic districts and buildings. The overall atmosphere of culture, heritage and real antebellum gentility make Savannah a truly unique American city.
The city’s recorded history can be traced back all the way to 1733. This was when General James Oglethorpe and 120 settlers disembarked from the ship “Anne” onto the banks of Savannah River at Yamacraw Bluff. Oglethorpe subsequently named the new land Georgia after the English King George II. Georgia was the last American colony and Savannah was its first designated city.
Oglethorpe’s company was sent off to establish a settlement that would increase trade and house England’s working poor. Georgia also acted as a buffer zone to protect South Carolina from Spanish advances in Florida. Its original charter prohibited slavery and protected religious freedoms, which worked for a time.
After settling into the new colony, Oglethorpe established friendly relationships with the indigenous Yamacraw people through their chief, Tomochichi. He also became friendly with John and Mary Musgrove, who were Indian traders operating in the region. This ensured that the city of Savannah flourished without the warfare that characterized the development of other cities.
Savannah is recognized as the first planned city in America, and this has a lot to do with Oglethorpe’s efforts. He laid out the city plan in a grid formation that created wide, airy streets that intersected with shady public parks and business centers. This trend is apparent in Savannah, where more than 20 of these original public parks and squares still exist today.
Savannah and the rest of Georgia rose to the status of a Royal Colony in 1751. Furthermore, it was then made the capital of colonial Georgia. By the time the American Revolutionary War broke out in 1775, Savannah had become the main commercial port of the Thirteen Colonies. In 1778, British forces took back Savannah, but faced a failed combined siege by American and French troops the following year.
However, they did not relinquish control of the city until 1782. By then, Savannah had grown into a booming seaport. Farmers soon discovered that the city’s fertile soils and warm climate were conducive for the cultivation of rice and cotton. The establishment of massive plantations during this time marked the beginning of slavery throughout South Carolina. The invention of the cotton gin just outside Savannah created such a profitable system that slavery was legalized throughout Georgia.
However, the city faced further conflict when it became part of the Confederacy in the 1861 American Civil War. In fact, it was such a key stronghold that the city was the main focus of Union General William Sherman’s March to the Sea. In 1864, defeat seemed imminent and city leaders negotiated a peaceful surrender to Union forces in order to prevent Savannah’s destruction.
The end of the Civil War marked a period of economic collapse and food scarcity in the city. However, Savannah began rebuilding to its former glory. This was achieved due in large part to the newly freed slaves who, despite lingering prejudice, built a thriving culture and economy.
Agriculture has always been crucial to this city’s economy, beginning with the export of silk and indigo in its early years. The reestablished cotton industry after the American Civil War marked a renaissance period for Savannah. Powered by its strategic port, other new industries like the export of lumber also began thriving here. However, the Great Depression came down hard on the city at the same time, destroying its floundering economy.
Savannah is nothing but resilient, though. Its port is one of the most active in America and continually offers the city numerous opportunities for rebirth. The establishment of shipbuilding yards here managed to sustain Savannah through the dark days of the Great Depression. Today, the seaport, manufacturing, tourism and the military have become the main drivers of Savannah’s economic development.
Companies like International Paper, JCB and Gulfstream Aerospace are some of the top sources of employment here. The city also receives about 12 million tourists per year. This has led to the development of support industries like lodging, entertainment and dining, which employs about 17,000 people in the city. The tourism sector generates more than $2 billion for Savannah’s economy every year.
Savannah is famous for its rich history, antebellum architecture and southern charm. Its downtown has been designated as one of the largest National Historic Landmark Districts in America. Furthermore, visitors can easily access the Savannah Riverfront, beautiful coastal islands like the Tybee Island, and scenic forests and urban greenery. The city is also renowned for its 22 historic parks and squares. Each varies in size and character, but contains monuments and formal fountains that attract tourists and residents alike.
Apart from these architectural and historical attractions, Savannah also has a vibrant entertainment, cultural and performing arts scenes. The Savannah Philharmonic, Coastal Jazz Association and Savannah Ballet Theatre are just some of the performing companies that have set up base in this city. Performances are held regularly at prolific venues like the Lucas Theatre for Arts, Muse Arts Warehouse and the Savannah Theatre, among others.
Savannah also hosts a number of annual festivals. These include the Savannah Jazz Festival and the Savannah Music Festival. The city is also home to the Savannah Book Festival, which celebrates features writers and contemporary authors every year.
The city also contains an impressive network of urban parks and green spaces. It hosts the Coastal Georgia Botanical Gardens, Oatland Island Wildlife Center and Skidaway Island State Park. This represents only a small portion of the trails and native animal habitats that are present in Savannah. Another attraction here is Ossabow Island, which is an environmentally protected conservation area to the south of Savannah.
This city has won numerous accolades over the years. For instance, it is always among Travel + Leisure “America’s Favorite Cities” list. It has also been ranked the best city for “Quality of Life and Visitor Experience,” “Public Parks and Outdoor Access” and “Cool Buildings and Architecture.”