Are you tired of waiting on customer payment? Could you use the cash that is tied up in your receivables? Factoring companies in Bethesda turn your invoices into same-day cash through invoice factoring.
Invoice factoring, also referred to as accounts receivable financing, is a cash-flow financing solution that eliminates the wait on customer payment by paying you same-day on your invoices. While other common forms of financing include a bank loan or line of credit, invoice factoring offers several benefits compared to these solutions. Take a look at a few of them below.
|Invoice Factoring with Scale Funding
|Business Loan or Line of Credit
|Quick Approval Process
|Lengthy Approval Process
|Funding Takes Weeks
|Free Credit Checks on Your Customers
|No Credit Checks
|No Debt Created
|Additional Debt Created
|Your Financing Grows as You Grow
|Financing is Capped
Even if a bank turns you down because of credit, tax liens, or bankruptcy, you can still be approved for a Bethesda accounts receivable financing program. Our approvals are based on your customers’ creditworthiness rather than yours.
So if you’re tired of waiting to get paid and are looking for a cash-flow solution, look no further than Scale Funding. We’re your top choice among factoring companies.
For more than 20 years, Scale Funding has provided receivable financing to companies in several industries.
|Government Contractors: Local, State, Federal, Service Providers, Manufacturing, Construction, and More
|Trucking & Freight: Flatbeds, Reefers, Vans, Heavy Haulers, Oilfield Trucking Companies, and More
|Staffing Agencies: Administrative, Clerical, General Labor, Medical, and More
|Telecom & Wireless: Cell Tower Construction, Inspection, Maintenance, Tower Erectors, and More
|Renewable Energy: Wind, Solar, Water, Site Preparation, Site Maintenance, and More
|Oilfield Services: Frac Sand Haulers, Water Haulers, Roustabouts, Vacuum Trucks, Trenching Services, and More
|Technology: IT Consultants, Network Administration, Data Management and Migration, and More
|Utility & Pipeline: Pipeline and Utility Contractors, HDD, Welding, Inspection, and More
|Heavy Construction: Welding, HDD, Crane Companies, Specialty Carriers, Intermodal, and More
|Many More: Janitorial Services, Manufacturing, Printing, Maintenance, Distribution, and More
Bethesda, which means House of Mercy or House of Kindness in Aramaic and Hebrew respectively, is located in the southern part of Montgomery County, in the state of Maryland. A local church, the Bethesda Meeting House, is credited with giving the town its name. The church took its name from Jerusalem’s Pool of Bethesda. It was built in 1820 and rebuilt in 1849.
Bethesda sits on a major route known to have been the original path of an ancient native Indian trail. The first European to travel to the area was Henry Fleet, who was a fur trader. He accessed the area via the Potomac River. From 1623 to 1627 he stayed with the Piscataway tribe as a guest or, sometimes, a prisoner. He left for his homeland, and after speaking to a few investors about the potential riches to be reaped from trading in fur and gold, he was awarded funds for another North American expedition.
Many of the initial settlers in Maryland were farmers who were leased the land, and they paid their rent in tobacco. Tobacco farming attracted more settlers to the area, and more fertile land was sought farther north. In 1694, a man named Henry Darnall came upon a 710-acre stretch of land which he surveyed, and the area became the first land grant in Bethesda.
Bethesda became a rural way station between 1805 and 1821 after a toll road was developed in the area. The toll road facilitated the transport of tobacco and other products between Georgetown and Rockville and farther north to Frederick. A small settlement was established around a store and a tollhouse that were located along the turnpike.
As 1862 rolled around, the community became known as ‘Darcy’s Store’ named thus after William E. Darcy who owned a local establishment. In 1871, the new postmaster, Robert Franck, renamed the settlement after the Bethesda Meeting House; a Presbyterian church built in 1820. The church was put up on the present site of a cemetery belonging to the church. In 1849, the church was burnt down by a fire and rebuilt in the same year.
The only noteworthy development through the 19th century was a small crossroads village that boasted of a blacksmith’s shop, a church and school, a few residential establishments, and some stores. A post office was established in 1852 and Reverend A.R Smith was appointed as the first postmaster.
Bethesda began to experience a population growth spurt in 1890 after the installation of a streetcar line. This came with the beginnings of suburbanization. Until then, the dependence on the rail lines proximity prevented growth in the area even if the surrounding communities which were located on the rail lines flourished. When the personal automobile made its debut in the area, this dependency ended. The town planners developed the community henceforth with the newest means of transport in mind.
World War II also contributed significantly to the development of Bethesda because it created an expansion of government. Government contractors, medics, and business professionals gradually converged on the area to create a community that had economic potential. In 1984, the Metrorail was expanded with a station being established in Bethesda. The Bethesda Metro Center was built by Alan Kay. It immediately opened the area up to further commercial and residential development within Bethesda and the surrounding communities.
The following companies are located in Bethesda:
These and many other enterprises in Bethesda contribute to the economy and ensure that the residents within and without are gainfully employed. You would not lack work living in such an economically robust community.