Financial Solutions for North American Companies


Invoice Factoring Provides More Than Instant Cash Flow

Invoice factoring, also referred to as accounts-receivable financing, is a cash-flow solution companies use to speed up the time it takes to get paid. The process works by selling your open receivables to a factoring company, at a discount, in exchange for quick payment.

factoring companies in JolietAlthough invoice factoring speeds up cash flow, there are several other benefits it offers when you choose to work with Scale Funding over other financing and factoring companies in Joliet. Here are just a few:

  • 15 Minute Approvals
  • Same-Day Fundings
  • 24/7 Online Reporting
  • Dedicated Collectors
  • Free Credit Services
  • Month-to-Month Contracts
  • Low Rates

Serving B2B Industries Since 1994

Since 1994, Scale Funding has provided a variety of B2B companies with a cash-flow solution through our Joliet invoice factoring programs. In many industries, it is common to wait weeks or even months for customer payment. However, we take this wait away by paying you same-day. Below are a few of the industries our team specializes in.

  • Transportation
  • Staffing Agencies
  • Heavy Construction
  • Utility & Pipeline
  • Oilfield Services
  • Technology
  • Renewable Energy
  • Government Contractors
  • Telecom & Wireless

A Customized Solution for You

Our Joliet accounts-receivable financing lines are custom to meet the unique needs of each business. We offer month-to-month contracts that range from $50,000 to $20 million, giving your company the flexibility it needs when the market changes.

While many use factoring to speed up their cash flow from slow-paying customers, others choose to factor with Scale Funding because we’re able to fund companies when the risk is too high for a bank. Whether you have credit issues, have filed for bankruptcy or have a tax lien, we can work with you.

So no matter what your situation is, stop waiting to get paid and speed up your cash flow with Scale Funding, the the top choice among financing and factoring companies in Joliet.

Joliet, Illinois

Joliet is the third largest city in Illinois. It is located towards the northeast of the state, within Will and Kendall counties. The city’s census results from its latest count placed its population at over 149,000 people. Joliet is also commonly referred to as the City of Stone, City of Steel and Prison City. The latter nickname is attributed to Joliet because of the presence of famous prisons found within its borders.

Joliet is a sprawling city that extends its reach into at least nine townships. Its downtown area is located in a river valley created by the Des Plaines River. One can witness the resultant unique vista while traveling along the city’s major transit corridor, Interstate 80. The Des Plaines River also marks the demarcation between Joliet’s east and west sides. Today, the city is expanding more towards the west as more businesses relocate to that area.

A significant portion of this city is made up of water bodies. Apart from the Des Plaines River, other waterways include DuPage River, Illinois and Michigan Canal, Aux Sable Creek, Hickory Creek, Jackson Creek and Spring Creek. Some of the smaller lakes that you can find here are Chase Lake, Leisure Lake and Brandon Road Quarry, among others.

The History of Joliet

Joliet is an area with a rich, storied historical background. Louis Jolliet, a French-Canadian explorer, set up camp on a large hill in the area in 1673. Maps from his explorations place this area around the current city’s southwestern corner. The hill where Jolliet’s camp was anchored was later named as Mound Jolliet. This spot was the site of mining efforts carried out by the region’s earliest settlers; it is now just a depression. Many historians believe that the name for Joliet rose from a misspelling of this famous explorer’s name.

Development began to the west of Des Plaines River after the Black Hawk War in 1833. The settlement to the river’s east was then laid out by James B. Campbell in 1834 and was called Juliet Village. It was officially incorporated in 1837; however, the economic depression that soon followed prompted area residents to overturn this incorporation in order to minimize tax expenses.

The village’s name was formally changed to Joliet in 1942. In 1852, it was reincorporated as a city. A prominent area citizen named Cornelius Covenhoven Van Horne was at the forefront of obtaining Joliet its initial charter. He was then elected as the city’s first mayor, and a bridge known as The Van Horne Bridge was built in his honor.


For many years, Joliet’s economy depended largely on steel manufacturing and its related industries. Unfortunately, the economic crunch that swept many Midwest cities that relied on similar activities in the mid-1980s hit Joliet hard. During the worst times, unemployment rates rose to an all-time high of 26 percent.

However, Joliet was able to turn its dismal fortunes around. This renaissance has been due in part to its proximity to larger economic powerhouses like Chicago. Furthermore, the city has managed to evolve into a major commuter town, housing most of the workers from neighboring DuPage and Cook counties. Now, unemployment in this city has dropped to about eight percent.

Dependency on other industries has also served to revitalize the economy of Joliet. Apart from housing and real estate, the primary activities driving this city’s economic health now include retail, service industries, sports, gambling, tourism and the arts. The top employers here are Ikea, Harrah’s Casino and Filtration Group.

factoring companies in Joliet

Joliet is about 40 miles from Chicago, which helps make the city a major regional transportation hub.

The city’s strategic location and position as a major regional transportation hub has also led to its continuous economic revitalization. Not only is it just 40 miles from Chicago, but it is also a principal port on the Illinois and Michigan Canal. It is located along the Des Plaines River and has had more than nine railway lines passing through the region since the late 1850s.

The city is also home to a few large national and regional airports. These include the Lewis University Airport and Joliet Regional Airport. Regarding road interconnectivity, Joliet has a number of major road corridors passing through it, making it a more attractive residential option for workers who must commute to their jobs.

Attractions, Culture and Entertainment

Joliet is largely famous for housing Joliet Prison, where the popular television show “Prison Break” was filmed. The city has also been the inspiration or filming location for other popular movies and shows, including “Supernatural,” “The Blues Brothers” and Kevin Bacon’s “Stir of Echoes.”

One of the most prolific attractions in this city is the Rialto Square Theatre. Also known as the Jewel of Joliet, this space has been named among the ten most beautiful theaters in the world.

The Joliet Area Historical Museum is another popular haunt for residents and tourists alike, as it shows the city’s rich, diverse history and heritage.

Joliet is commonly referred to as the City of Champions. This is mainly because the city’s grade and high school bands have won numerous awards over the years. Sports are another passion for area residents. Not only has Joliet been a regional football powerhouse, but it is also home to the Joliet Slammers, a top-performing baseball team. Furthermore, the city is a major player in NASCAR. Annual events are hosted at the Route 66 Raceway, NASCAR Chicagoland Speedway and the Autobahn Country Club.

From the advent of riverboat casinos, Joliet has been a mecca for gambling. In fact, this city is the only place that has two casinos in the whole state of Illinois. These casinos include Harrah’s and Hollywood Casino.

Other popular attractions include the controversial Auditorium Building; the award-winning Jacob A. Henry Mansion, listed as a national historic place; and Louis Joliet Mall. There are also numerous green spaces, bike paths, hiking trails and amusement parks that are available to entertain the whole family.

Joliet is a surprisingly beautiful, scenic place to live and work in. It provides numerous opportunities for work, education and entertainment. And most important, its tight-knit communities offer both residents and visitors a kind of small-town charm that is the mark of American society and culture.