Invoice factoring, also known as accounts receivable financing, is a funding method many businesses us to speed up their cash flow.
Instead of waiting to get paid, invoice factoring pays you same-day on your invoices giving you access to working capital to meet payroll, pay bills and invest in new resources.
While there are many factoring companies in Philadelphia, Scale Funding is your top choice. Our low rates, high advances, fast approvals and easy setup make us North America’s number one factoring company.
Get started with accounts-receivable financing in just three easy steps.
The process is as simple as that. Get started today and take control of your business financials.
No matter what business stage or financial situation your company is in, a steady and positive cash flow is essential to survive. Invoice factoring gets your business the cash it needs quickly and easily without adding debt.
Are you expanding?If your business is growing quicker than your cash flow, invoice factoring can help by providing you with same-day funding on your invoices.
|Do you have slow-paying customers?
|If you’re waiting to get paid, it can be difficult to accept new contracts. Our Philadelphia accounts-receivable financing programs eliminates this problem by paying you same-day. We’ll wait to get paid while you work on growing your business.
|Were you turned down by a bank because of maxed credit or less-than-perfect credit?
|Our factoring programs look at the credit of your customers rather than yours. No matter if your credit is maxed or less-than-perfect, our programs can provide you with instant cash.
|Are you a start-up?
|Many start-ups have difficulty obtaining funding from a bank because of lack of financial history. Scale Funding funds start-ups to help them succeed and grow.
|Did you file for Chapter 11 bankruptcy?
|After filing for bankruptcy it can be difficult to obtain funding. Scale Funding provides DIP financing solutions to companies after bankruptcy to help them get back on their feet.
|Do you have a tax lien?
|Tax liens make it nearly impossible to get traditional funding from a bank. Our creative solutions provide your business with working capital even with tax liens or other tax issues.
For more than 20 years, Scale Funding has provided a variety of industries with cash through our Philadelphia factoring company programs. We have financial and business process expertise in the following industries:
Part of Philadelphia’s appeal is undoubtedly its rich and significant history. In fact, Philadelphia is the only World Heritage City in the United States. To qualify as a World Heritage City, a city must possess a rich urban tapestry of either historical or contemporary interest, and adhere to specific values including the protection of world culture and heritage. Philadelphia, which is home to a larger number of outdoor sculptures and murals than any other city in the US, more than meets these expectations.
Founded in 1682 as the capital of what was then the Pennsylvania Colony, Philadelphia was a location of great importance during the American Revolution, as the Founding Fathers met there to sign both the Declaration of Independence in 1776 and the Constitution in 1787. Furthermore, Philadelphia served as the temporary capital of the United States from 1790 to 1800, while Washington, D.C. was still under construction. Because of this, the city’s infrastructure developed substantially earlier than other American cities of the era, causing industry to flourish and making it the country’s first major industrial city.
During the 1800s, many prominent businesses made their homes in Philadelphia. These included the Pennsylvania Railroad, which would later become the largest railroad in the U.S., and Baldwin Locomotive Works, which was once the largest producer of steam engines. Because of Philadelphia’s popularity as a center of industry, the city played host to the Centennial Exposition in 1876, which was the first official World’s Fair ever held in the United States. Such prestige caused scores of people to move to Philadelphia, including significant populations of Russians, Eastern Europeans, Italians, and African-Americans from the southern United States.
After suffering a loss of industry during the first half of the 20th century, which caused crime to increase and the population to shrink significantly, Philadelphia adapted to become a hub of tourism and art. After undergoing extensive modern renovations to its downtown core, the city now hosts a significant number of service businesses and has developed a truly unique cultural atmosphere of both reverent historical gravitas and hip, bohemian sensibilities.
Philadelphia is the home of more than 80 institutes of higher learning, as well as the third-largest number of students in the United States. Over 120,000 students are enrolled in the city proper, and the greater metropolitan area contains more than double that amount. Among the prominent and well known schools in Philadelphia are Temple University, Drexel University and the University of Pennsylvania, which is a member of the Ivy League and markets itself as the oldest university in the country.
There are many sights to see and things to do in Philadelphia, which contains 67 different National Historic Landmarks. A brief list of some of the city’s highlights includes the following:
Fairmount Park: Fairmount Park is the largest landscaped urban park in the world. Consisting of two portions (East and West Park), it has a combined total area of 9,200 acres and includes vast amounts of public art, commissioned and maintained by the city’s Association for Public Art. Fairmount Park also holds a significant number of historic houses and other buildings, such as the Mount Pleasant mansion and Philadelphia Horticultural Center.
Walnut Street Theatre: This theater is often rumored to be the oldest continuously operating theater in the entire English-speaking world. They produce five productions per season on the main stage, enjoy more subscribers than any other theater company in the world, and was the site of the first presidential debate between Jimmy Carter and Gerald Ford in 1976.
Lincoln Financial Field: Home stadium of the NFL’s Philadelphia Eagles, often referred to by locals as “The Linc.” The Eagles host their training camp here and sometimes hold open practices that the public can attend.
Currently, Philadelphia is home to seven Fortune 1000 companies. These include Urban Outfitters, Comcast, and Pep Boys. The city also holds the headquarters of many other well-known companies, including pharmaceutical giant GlaxoSmithKline, energy company Sunoco, and Boeing Rotorcraft Systems.
Philadelphia has a gross domestic product (GDP) of $388 billion, the ninth largest among cities worldwide and fourth largest in the US. Nearly 40 million tourists came to the Philadelphia area in 2014, generating over $10 billion in revenue for the city.
Philadelphia also holds the Philadelphia Stock Exchange, which is the oldest stock exchange in the country. Founded in 1790 as the Board of Brokers, its location has changed many times, but currently occupies the intersection of 19th and Market streets, where it has been since 1981.
Philadelphia has been referenced a great deal in recent film and television, where it has been the setting for some of America’s most iconic stories. These include, but are not limited to:
Rocky: The flight of stairs leading up to the Philadelphia Museum of Art became famous when featured in a key scene from Rocky in 1976. Many visitors to Philadelphia consider it a rite of passage to run up these steps (sometimes even referred to as “the Rocky steps”) and taking a picture at the top.
National Treasure: Perhaps Philadelphia’s numerous historical monuments inspired this scavenger hunt movie, which features Nicolas Cage visiting many famous locations in the city in a quest to solve an ancient puzzle about the founding of America.
It’s Always Sunny in Philadelphia: As much a send-up of the city as an homage—albeit a slightly twisted one—this favorite FXX TV show features a group of narcissists who run a bar in a run-down Philadelphia neighborhood. Episodes frequently highlight notable locations around the city, while poking fun at its inhabitants and customs.
Silver Linings Playbook: This Oscar-winning film from 2012 featured Bradley Cooper, Jennifer Lawrence and Robert De Niro, and was directed by David O. Russell.
With incredible historical significance, a flourishing contemporary art scene, a large number of tourist attractions and an ever expanding skyline that boasts several nationally recognized skyscrapers, Philadelphia is a destination city for anyone travelling through the Northeastern United States. Tourists, business people, and residents alike have all found countless reasons to spend their time enjoying this exciting and distinct city, which represents a unique slice of Americana and a world-class cultural mosaic.