If your company is in need of quick cash to meet payroll, catch-up on bills or invest in new resources, the best funding solution is invoice factoring, also known as accounts-receivable financing.
While there are many factoring companies in New Orleans, Scale Funding is your top choice. We offer low rates, high advances and same-day funding.
Instead of waiting 30 days or more for customer payment, choose our New Orleans invoice factoring programs for access to same-day cash. You’ll receive a competitive advance your invoice amount instantly. Once your customer pays the invoice, we’ll remit you the remaining balance, minus our low, competitive factoring fee.
Unlike business loans and lines of credit, invoice factoring and accounts-receivable financing gives you the flexibility to grow. Loans and lines of credit add debt on your balance sheet so the amount provided is capped. Our programs don’t create debt and allow you to grow with monthly volumes ranging from $50,000 up to $20 million.
Since 1994, we’ve provided cash to many industries through our invoice factoring programs. Our staff is considered experts in several industries including:
|Oilfield||Utility & Pipeline|
|Staffing Agencies||Many Others|
Companies choose Scale Funding over other factoring companies in New Orleans because of our flexibility to work with a variety of business stages and sizes. Our more than 20 years of providing cash-flow solutions gives us the credibility and trusted expertise that businesses are looking for in a factoring company.
If one or more of the following describes your business and you’re in need of cash, contact a Scale Funding financial expert today.
Welcome to New Orleans (also known as the Big Easy, or The Crescent City). This place is the largest metropolitan city in Louisiana, and is considered a major port for the United States. The city capitalizes as a trading area, thanks to its entire metropolitan area that includes the Metairie –Kenner Metropolitan Statistical Area. The city has a population of approximately 1.2 million, making New Orleans the 46th largest city in the United States.
One trademark of this Louisiana city is its potent influence of French, Creole and Spanish culture. The name, “New Orleans,” was inspired by the infamous Duke of Orleans who at the time was a regent for France’s King Louis XV. Because this city started off as an area occupied by the French, the city is well known for its Spanish Creole and French architecture. Because of the strong influence of European culture, New Orleans has a distinct multilingual as well as cross-cultural heritage.
The cultural uniqueness is the reason why New Orleans music and cuisine is so popular. New Orleans is considered by many as the birthplace of jazz music. But music and food aren’t the only things that make this city stand out. New Orleans is notorious for the festival of Mardi Gras, which dates all the way back to French colonial times.
Besides being labeled as the “most unique city” in the United States, New Orleans has an amazing business climate. In fact, the Business Facilities magazine ranked the city as having the best business climate in the U.S. Along with Baton Rouge, New Orleans has promising opportunity for economic growth. While New Orleans was ranked as having the fifth best economic potential, the Louis Armstrong New Orleans International Airport was ranked the fastest growing airport in the U.S.
Before the Europeans came to the Americas, New Orleans was an area occupied by the Natives of Mississippi and Woodland cultures (exact names unknown). While there were expeditions led by De Soto in 1542 and La Salle in 1682, there had already been white settlers before the city’s initial founding in 1718. At the time, the governor of French Louisiana was Jean-Baptiste Le Moyne. He and Sieur de Bienville founded the city in 1718 above the mouth of Mississippi, on the first crescent of high ground, hence the original nick name “The Crescent City.” In the same year that the capital of Louisiana was transferred from Biloxi, a hurricane almost completely wiped out the city. Today, the rebuilt area is known as the French Quarter.
Between the years of 1762-63, France signed treaties that resulted in ceding Louisiana to Spain. New Orleans would then become a Spanish city, trading with Cuba and Mexico for the next 40 years. During this time, New Orleans allowed a class of free “colored” people. Unfortunately, the city was destroyed again by fires in 1788 and 1794. Once the city was rebuilt, it was built with brick buildings and a cathedral, which still stands as a monumental sight today.
The city would eventually be sold to the United States in 1803. During the War of 1812, Colonel Andrew Jackson defeated the British with a coalition of free blacks, pirates and Tennessee Volunteers. The United States successfully defended the city, and Jackson’s victory against the British would conclude the war.
Entering the 19th century, New Orleans was not only the third largest city in the country, but also the wealthiest. New Orleans was a successful port that traded mainly with the Caribbean, Europe and South America. Despite the thousands of slaves that were sold in markets during this time, New Orleans had a thriving free black community. The most popular language in the city was French up until around 1830.
New Orleans was also the largest Confederate city during the Civil War. Still, the city was still taken over by Union troops. Tensions began to rise in regards to race during the Reconstruction era. While free people of color and emancipated slaves were taking roles in the political process, they were met with adversity during the 1870s. The city was also experiencing the rise of railroads, which unfortunately took a toll on shipping on the Mississippi River. Despite this, New Orleans still remained an influential port.
New Orleans reached a peak by 1900. The city thrived on its electrified street cars and the birth of New Orleans Jazz. The city’s nightlife of clubs and dancehalls would attract tourists and grow the population. The city developed new pump technology that drained out the swamp land between the riverside crescent and Lake Pontchartrain. Because of this, residents were able to live below sea level. The city even became more resistant to hurricanes.
There are at least 15 colleges and universities in New Orleans. These schools include Dillard University, Grambling University, LSU School of Medicine and Louisiana State University.
The National World War II Museum – The National World War II museum is the perfect place for learning about America’s most heroic patriots. An ideal place for lovers of American history.
Audubon Zoo – The Audubon Zoo is one of the country’s best zoos, featuring all types of exotic animals.
Audubon Park – Audubon Park is located at the heart of Uptown New Orleans. Filled with hundreds of oak trees and peaceful walking paths, this park is the best place to escape from the bustle of everyday life.
Audubon Aquarium – The Audubon Aquarium is unlike anything you’ve ever experienced. Explore life in the ocean with over 15,000 different sea creatures.
Mardi Gras World – Mardi Gras is rich with tradition and New Orleans history. Mardi Gras World has planted its flag in New Orleans entertainment since 1837. Experience ultimate amusement from the world’s largest float facility.