Turn your invoices into same-day cash with a Terre Haute factoring company.
Invoice factoring, also known as accounts receivable financing, works by selling your open invoices to a factoring company at a discount in exchange for immediate working capital.
While there are many financing and factoring companies in Terre Haute and Indiana, Scale Funding is proud to be your number-one choice. We make the process quick and straightforward. Instead of going to a bank and going through an extensive approval process, get approved with Scale Funding in as little as 15 minutes. Since factoring is not a loan, no additional debt is created. Not only do we offer same-day funding and a quick approval process, but we also provide several other benefits when you choose us as your financing partner.
Our Terre Haute invoice factoring programs have provided a cash flow solution to many B2B industries. We know the invoicing process and requirements in several industries including:
|Trucking & Freight
|Telecom & Wireless
|Pipeline & Utility
The seat of Vigo County, Indiana, is known as Terre Haute. The city boasts a population of over 60,000 residents within a metropolitan area that is over 170,000 people.
The city lies along the Wabash River and lays claim to being the capital of Wabash Valley. A number of higher learning institutions are located in Terre Haute. These institutions include:
The Wabash River takes up most of the city’s physical geography and forms its western border. The climate is mostly on the extremes of both the heat and the cold spectrums. The summer temperatures often hit the roof while the winters are often near freezing.
Terre Haute is believed to have been named by French explorers who arrived in the area in the early 18th century. They most likely named it this to describe its unique perch above the Wabash River. The name is a French phrase terre haute, whose English translation is highland. In this period, the region was under the British, and the French and the highlands were believed to be the border separating Canada and Louisiana.
When Fort Harrison was established in 1811, a permanent population of European-Americans was established in the area too. There was Wea Indian village close to the fort, and the Indians had orchards and meadows a few miles to the north of the fort. The site where those meadows and orchards were is where Terre Haute stands today.
In 1818, the city was named the county seat of the newly formed Vigo County. This led to a population growth spurt. Terre Haute was incorporated in 1832 and formally became a city in 1853.
The first businesses in Terre Haute included:
With the excellent transportation, business and industries expanded. In the early days, Terre Haute was a center of farming, milling, and pork processing. However, the business and industrial expansion of the Wabash River, the Wabash and Erie Canal, and the National Road, which is known today as the US 40, connected the city to the world which expanded its influence.
More industries came up in the city, for instance:
Two hospitals were built as well as a number of churches and some outlets for recreation purposes.
On March 23, 1913, a devastating tornado hit the city of Terre Haute and destroyed over 300 homes. It’s reported that 21 people lost their lives and 250 suffered injuries of varying degrees. The local businesses and industries were not spared either. The devastation was followed by heavy rains which caused the river to burst its banks. By noon on March 25th, Taylorville in West Terre Haute was three-quarters in flood waters.
There is a lot to see and do in this city:
Some of the festivals tourists and residents love to participate in include:
Terre Haute is a city with a fascinating history and an active social life that is made possible by the many facilities offered not only for learning purposes but also for fun and relaxation. Although summer and winter temperatures can be harsh, the city’s ambiance and wealth of interesting facilities make up for it.