New Jersey

Financial Solutions for North American Companies


A New Jersey factoring company like Scale Funding can help you take back control of your business finances by paying you same-day on your invoices. Avoid the cash-flow gap from slow-paying customers with invoice factoring.

Get a Quote for Factoring Today

Cash Flow Solutions for New Jersey Companies

Accounts Receivable Factoring and Invoice Factoring

Accounts receivable factoring, also known as invoice factoring, is the preferred financing choice many New Jersey companies use to cash flow their businesses.

Factoring companies help these businesses grow by purchasing their receivables and advancing them a percentage of the invoice amount on the same day. Once the customer pays the invoice, the factoring company remits the remaining balance to the business, minus a small fee. This puts business owners back in control of their finances, rather than having to wait for customer payment.

Scale Funding has been providing factoring to companies the “Garden State” for more than 25 years, supplying the cash businesses require to meet their day-to-day needs. Our programs range from $50,000 to $20 million, giving plenty of room for growth.

Business Loans & Business Lines of Credit

Some New Jersey companies turn to bank loans for cash, but banks demand a long, extensive application process. It can take months, and the loan amount is capped. For companies that have ongoing operational expenses, bank loans and lines of credit are more trouble than they’re worth.

With invoice factoring, the cash you receive correlates directly with the amount of business you’re doing. The more contracts you win, the more working capital we provide.

Why Use a New Jersey Factoring Company?

New Jersey factoring company turns invoices into same-day cashCompanies in a variety of situations use our New Jersey accounts receivable financing programs instead of business loans and business lines of credit. If one or more of the following business scenarios fit your situation, accounts receivable factoring might be the right solution for you.

  • Expansion & Growth
  • Max-Out Lines of Credit
  • Slow-Paying Customers
  • Start-Ups
  • Bank Turn-Downs
  • Less-Than-Perfect Credit
  • Tax Liens
  • Bank Work-Outs
  • Bankruptcy

New Jersey Invoice Factoring Solutions

Scale Funding has helped a wide variety of industries with their cash flow by advancing cash same day on their invoices. If you invoice businesses and you’re waiting to get paid, we can help you.

Telecom & Wireless Heavy Construction Technology
Utility & Pipeline Environmental Services Trucking & Freight
Government Contracts Staffing Agencies Many Others

We’ve worked with many New Jersey companies in cities such as:

Belleville Camden Elizabeth
Jersey City Newark Paterson

Latest New Jersey Updates

  • Wilton, New Jersey Staffing Company Approved for a $300,000 Factoring Line
  • Newark, New Jersey Vocational Educational Alliance Approved for $500,000 in Accounts Receivable Factoring
  • Lebanon, New Jersey Hazardous-Waste Disposal Company Funded $900,000 with Invoice Factoring
  • Belleville, New Jersey Trucking Firm Funded $300,000 through Accounts Receivable Factoring

New Jersey

With an average of 1,030 persons per square mile, New Jersey has the highest population density of any U.S. state, and every one of its counties is classified as a metropolitan area. But don’t be fooled by those statistics, there are plenty of reasons why New Jersey is known as the “Garden State.”

Agriculture is the third largest industry in New Jersey, behind pharmaceuticals and tourism, and it generates $65 billion a year. The state ranks second among U.S. states in the production of both culinary herbs and blueberries and has more horses than Kentucky. A full 17 percent of the state is comprised of farmland, which includes nurseries, vineyards, orchards, horse farms, produce, and livestock farms.

A big reason for New Jersey’s standing as an agricultural leader is its humid, continental climate, boasting cold winters, and warm summers. Its major waterways include the Delaware and Hudson rivers.

In terms of business climate, New Jersey is home to 20 Fortune 500 companies. New Jersey major industries include banking and financial services, biotechnology and life sciences, communications, and manufacturing. New Jersey is often referred to as the “Medicine Chest of the World.” It’s a hub of pharmaceutical and medical technology enterprises, creating a $29.3 billion economic impact and employing more than 131,000 people. With ports in Elizabeth, Newark, Jersey City and Camden, Newark Liberty International Airport and 38,000 miles of highway, New Jersey is a major logistics and distribution center.

New Jersey History

The first people to live on the land now known as New Jersey were the Delaware Indians. Anywhere from 8,000 to 20,000 lived in the area when the first Europeans arrived. Their name means “original people” or “genuine people.”

Around 1524, Giovanni de Verrazano became the first European to explore New Jersey. The colonial history of New Jersey started after Henry Hudson sailed through Newark Bay in 1609. Although Hudson was British, he worked for the Netherlands, so he claimed the land for the Dutch, calling it New Netherlands. In 1664 the Dutch lost New Netherlands when the British took control of the land and added it to their colonies. For many years, New Jersey shared a royal governor with New York. The governorship was finally split in 1738 when New Jersey got its own governor.

During the American Revolution, New Jersey was an important state due to its location near the center of the thirteen colonies and between New York City and Philadelphia. Because of this, more battles were fought in New Jersey than in any other state. In 1787, New Jersey became the third state to ratify the U.S. Constitution and the first state to sign the Bill of Rights. Trenton officially became the state capital of New Jersey in 1790.

The state prospered during the early 1800s. Paterson became a textile center and later became known for producing trains and silk. Trenton produced clay products, iron, and steel. Camden, Elizabeth, Jersey City, Newark, and Passaic all became major manufacturing centers. Post-Civil War, New Jersey boomed as the result of the Industrial Revolution, and the flux of immigrants to its shores have helped New Jersey maintain its standing as an economic powerhouse.

New Jersey Education

New Jersey has 66 colleges and universities. Among these are Rutgers, Princeton, Seton Hall, and Montclair State.

New Jersey Culture & Recreational Activities

From sporting events, amusement parks, and museums, New Jersey has destinations and activities for tourists and residents to enjoy. These include:

  • New Jersey State Aquarium:  The New Jersey State Aquarium offers over 80 exhibits including more than 4,000 fish and some 500 species.
  • Atlantic City: Atlantic City is America’s favorite playground for casino gaming, world-class entertainment, and family attractions.
  • New Jersey factoring company supplies cash flow to many businesses.Ellis Island:  Ellis Island was known as the “Gateway to America” for more than 12 million immigrants.
  • Meadowlands Sports Complex: There is something for everyone of all ages at the Meadowlands Sports Complex, including football, basketball, hockey, soccer, music, and horse racing.
  • Salem County Historical Society Museum and Library:  A fine regional museum and research library.
  • Delaware Water Gap National Recreation Area:  It’s 70,000-acre offers 100 miles of scenic hiking trails, kayaking, and fishing.

The state has several professional sports teams that many enjoy including the New Jersey Devils (NHL), New York Jets (NFL), New York Giants (NFL), and New York Red Bulls (MLS). Unique in the U.S., both the Jet and Giants call the Meadowlands home.

Several recognizable people have called New Jersey home, including Thomas Edison, Grover Cleveland, author James Fenimore Cooper, Peter Dinklage, Frank Sinatra, and Jack Nicholson.