Financial Solutions for North American Companies


Invoice Factoring – Your Simple, Fast Financial Solution

Your customers are slow-paying and your cash flow is at a trickle. You do not have three months to get approved for a bank loan or line of credit. The solution you need is invoice factoring. Also called accounts-receivable financing, invoice factoring is a solution that many businesses like yours rely on. The idea is simple: a factoring company provides a cash advance on your invoices, eliminating the need for you to have to wait 30 days plus for your slow-paying customers. When your factoring company receives payment, the remainder of the invoice is paid to you, less a factoring fee.

Scale Funding is the top choice among factoring companies in Richmond and Virginia because we make our setup process simple, in just three easy steps.

Step One: Contact Us

When you call Scale Funding to learn more about our invoice factoring programs, one our representatives gets you an approval, in as little as 15 minutes.

Step Two: Submit Invoices

The second you have invoices ready, send them to us. We make it easy by taking care of the rest for you.

Step Three: Get Cash

Once we have our initial setup complete, we provide a same-day funding on the invoices you send. Before you know it, you will see your competitive cash advance replenish your bank account, letting you focus on your business. Let us focus on getting you cash flow.

factoring companies in richmond

Factoring For Businesses In Many Stages

Our Richmond invoice factoring programs can assist companies in a number of unique situations. From start-ups to slow-paying customers, we have a solution that fits your need. Please give us a call if your business falls into any of these categories:

Start-Ups Since 1994, we’ve helped start-ups grow with our factoring programs.
Bank Turn-Downs & Workouts We offer more flexibility than banks do; even whey they say “no,” we can help.
Tax Issues Even if you have a tax lien, our Richmond factoring company programs can provide you with the cash you need.
Bankruptcy Get back to financial freedom after a business bankruptcy with the help of our DIP financing solutions.
Slow-Paying Customers If you’re waiting to get paid from your customers and could use the cash now, our Richmond accounts-receivable financing programs will pay you the day you’re ready to invoice.
Expansion Companies that are growing quicker than cash is coming in use factoring to speed up their cash flow.
Maxed-Out Credit & Less-than-Perfect Credit Unlike bank loans and lines of credit, our programs can provide you with the ongoing cash you need as your business begins to grow.

A Solution For Your Industry

Since 1994, Scale Funding has provided best-in-class solutions to businesses like yours. In addition to factoring, we provide a number of value-added services that help the operations of your entire company, such as collections services, back-office support, accounts-receivable management and more. And because we have been serving businesses for decades, we have experience in many industries making us your top choice among factoring companies in Richmond. If you work in any of the below industries, we have a program for you:

  • Technology
  • Government Contractors
  • Renewable Energy
  • Transportation & Logistics
  • Professional Services
  • Staffing Agencies
  • Telecom
  • Utility
  • Pipeline
  • Heavy Construction
  • Oilfield
  • Welding
  • Telecom
  • Wireless
  • Many More

Why wait? Give us a call today and see how we deliver simple, fast financial solutions.

Richmond, Virginia

Located on the Fall Line of the James River, Richmond is the capitol of Virginia and one of the oldest cities in the United States. With a population of approximately 220,000, Richmond is the fourth largest city in the state.


In 1607, Christopher Newport and John Smith led the first English explorers to the area of present day Richmond. However, the English explorers did not set up a permanent settlement, as the Powhatan tribe, known best for the story of Pocahontas, already inhabited the area. William Byrd, one of the first permanent settlers, founded Richmond in 1737 and named it after a city in England. Richmond served an important role prior to and during the American Revolution. In 1775, it was the meeting site of the Second Virginia Convention, during which Patrick Henry gave his historical “Give Me Liberty or Give Me Death” speech. In 1780, Richmond replaced Williamsburg as the state capitol of Virginia and, shortly after, was destroyed by the British under Benedict Arnold. In 1786, the Virginia Statute for Religious Freedom, written by Thomas Jefferson, was passed in Richmond and is recognized annually to this day. During the American Civil War, Richmond became the capitol of the Confederate States of America, making it a significant target for the Union Army. With its location along the James River, Richmond has always been a hub for commerce, and when the city’s transportation options expanded following the Civil War, its importance in commerce strengthened. Over time, the city’s infrastructure evolved to support easy transportation. Today, Richmond sits at the intersection of two major freeways, the Great Turning Basin for boats and the world’s only triple crossing of rail lines.


Richmond enjoys a very diverse economy. Historically, the city played an important role in the creation of the United States government and, since then, the government has continued to be a staple for Richmond’s economy. In addition to local, state, and federal government agencies, the legal sector is one of the main pillars of Richmond’s economy. In fact, the city is home to the United States Court of Appeals for the Fourth Circuit, as well as four of the largest law firms in the United States. A branch of the Federal Reserve Bank is also located in Richmond and, although finance has long been a large part of the city’s economy, the industry has seen a sharp increase in recent years. From 2009-2013 the financial sector in Richmond saw growth of over 12 percent. Some of the largest financial companies located in Richmond include Capital One Financial (the region’s largest private employer), SunTrust Bank, Wells Fargo, and Bank of America. The insurance company Genworth Financial is also based out of Richmond.

The city also has a significant advanced manufacturing sector. Richmond is home to more than 450 advanced manufacturing companies with a wide range of specializations. Historically, paper mills were plentiful in Richmond and its strong background in the industry attracted many paperboard mill manufacturing companies, including Commonwealth Packaging Corp., International Paper Company and Atlantic Corrugated Box Company. Tobacco also has a long history in the Richmond region and has remained an important part of the economy, with companies like Philip Morris USA, Inc. operating large manufacturing facilities there. In addition, there are several companies that specialize in fabricated metal products, chemicals and plastics.

Virginia BioTechnology Research Park

Opened in 1995, the Virginia BioTechnology Research Park has played a significant role in Richmond’s rapidly-growing biotechnology sector. What began as a collaborative facility for biotechnology and pharmaceutical companies has become a 34-acre life sciences community. The Park houses dozens of private and non-profit companies, as well as research facilities for the nearby VCU Medical Center and state and federal laboratories. In 2014, the park also opened a shared lab to provide low-cost laboratory space to start-ups. One of the most publicized additions to the Park was Philip Morris USA, a division of Altria Group, Inc., which completed a $300 million, 450,000 square foot research facility in 2007. This addition almost doubled the area of the Research Park and added more than 500 employees.

Tourismfactoring companies in richmond

The tourism industry represents a significant portion of Richmond’s economy. More than 7 million people visit the Richmond region each year and contribute over $2 billion to the local economy. This industry also provides more than 20,000 jobs to the local workforce year round, as tourism in the region stays fairly steady throughout the year. Although many tourists are drawn to Richmond for its wealth of historical landmarks and museums, Richmond has a wide variety of activities for all ages and interests. Recently, Richmond has become a destination for foodies, with hundreds of restaurants offering a wide range of cuisines. Those who can’t decide where to eat will enjoy participating in one of the many food tours offered in the region. Several different food tours are offered and vary depending on which neighborhood you choose, but they all provide great food and plenty of history. Richmond’s tourism industry also benefits significantly from the numerous meetings, conventions and tournaments that are held there.

Outdoor Activities

Richmond’s proximity to a variety of natural resources provides unlimited options for outdoor fun. Possibly the city’s greatest natural resource is the James River, which allows for activities such as whitewater rafting, kayaking, tubing and swimming. There are also companies that provide guided tours on the river. The James River Park System, Pocahontas State Park and Virginia State Park provide numerous trails for mountain biking, hiking and horseback riding. Additionally, Brown’s Island in Richmond hosts the country’s largest outdoor music festival, Dominion Riverrock, every May.

Performing Arts

Richmond has long been known for its live theatrical performances. The Virginia Repertory Theatre, Virginia’s largest professional theater organization, Richmond Ballet, Richmond Symphony, Virginia Opera and the Richmond Triangle Players all provide performing arts options for locals and visitors. Although it doesn’t show live performances, another important theater in Richmond is the Byrd Theatre, which is both a State and National Historic Landmark. Built in 1928 as one of the Nation’s Grand Movie Palaces, the Byrd Theatre still shows movies today.