Invoice factoring, also known as accounts-receivable financing, is a common B2B funding solution companies use to take back control of their cash flow. The process works by selling your open invoices to a factoring company in exchange for quick cash. While there are many funding and factoring companies in Williston and throughout North Dakota, Scale Funding offers same-day cash, low rates, free-back office support and flexible programs with funding from $50,000 to $20 million per month available.
One of the reasons companies use our Williston invoice factoring programs is because we’re able to fund those that are waiting on slow-paying customers, are growing rapidly or are unable to get financing from a bank because of credit issues, tax liens or bankruptcies.
If you want to speed up your cash flow and have the working capital your business needs to operate and grow, get started with our financing programs today.
While you may think to go to a bank for a loan or line of credit, those options are not always the quickest or easiest ways to obtain financing.
With a loan or line of credit, the approval and funding process is lengthy. It can take weeks, even months, before you have the cash you need. With our Williston accounts-receivable financing programs, you’ll have the cash you need quickly. Our approval process takes about 15 minutes, setup can be done in a matter of three business days and once you’re set up, funding occurs same-day.
Since 1994, we’ve funded a variety of industries through our financing programs. Our more than two decades of experience is yet another reason companies choose us over other financing and factoring companies in Williston and throughout North Dakota. Below are just a few of the industries we have experience in.
North Dakota has about 357 cities in it, and one of them is Williston. As of 2016, Williston is home to about 26,977 people. It is one city that had defied odds and turned the tables to become the city we know of today.
Williston was founded in 1887 and was named after Daniel James Willis. Daniel Willis was a board member of the Northern Pacific Railroad Company. Williston is located at the crossroads of U.S. Highway 2 and 85. It is also near the Yellowstone and Missouri rivers and near the upper end of the Lake Sakakawea Reservoir.
When Williston was founded, agriculture was the main source of livelihood for the people. However, as years passed, the city pushed for a shift to the oil industry, which helped the city’s economy grow. Unfortunately, when the start of the economic recession happened in 2008, the city was greatly affected. Just like other counties and cities in the United States, the ranching and farming industries were hit hard from the economic recession. The population in Williston decreased. During the recession, no new industries developed in Williston, as it is an otherwise small and quiet city. However, due to the large amounts of oil sitting in the depths of North Dakota, the oil industry started to breathe life into the city.
For this reason, new stores, restaurants, attractions and even new people have sprouted in the city. In fact, Williston garnered a “Best City” award in 2015. From a quiet and boring city to a booming oil source, Williston is back on track and prominent on the U.S. map.
From its humble beginnings with 890 people in 1890, Williston has shown a strong increase. About 25.6 percent of the population is aged under 18. Approximately 57.6 percent of the population is between 18 and 65, while only 16.8 population of the population is above 65.
There are plenty of interesting sites to visit in this humble city.
Williston is great city to explore. From its resurrection due to the booming oil industry, it has a lot of historical value for local and foreign tourists. Despite not being one of the most populated and famous cities in the United States, Williston has more in store for you. Its lush culture, history and recreational activities provide more than enough reasons to plan a road trip. You can also learn more about Williston by visiting their official website, which is packed with information and list of activities and announcements about the city.