There are many factoring companies serving small and mid-size businesses in and around the District of Columbia. Invoice factoring, also known as accounts receivable financing, provides companies with same-day cash on their open invoices.
Instead of waiting for 30 days or more to be paid by your customer, factoring your invoices with Scale Funding supplies the cash you can use today. Our low rates, high advances, and exceptional customer service make Scale Funding the top choice among Washington D.C. invoice factoring companies.
A business loan or line of credit is how some businesses manage cash flow. Factoring is an attractive alternative to the lengthy application, approval, and loan management processes banks require. It is vital to compare loans, lines of credit and invoice factoring to see what the right choice is for you.
Washington D.C. Invoice Factoring Programs
Business Loans & Lines of Credit
|Quick Approvals Within 15 Minutes
|Lengthy Approval Process
|No Monthly Interest
|Monthly Interest Payment
|Funding in 1-3 Months
|Credit Reports on Your Customers
|No Credit Services
|Dedicated Accounts Receivable Specialist
|No Collection Services
Each business has unique funding needs and situations. Scale Funding offers customized Washington D.C. accounts receivable financing programs, designed to meet the requirements of each client. If your business has circumstances that affect cash flow, we can help.
Scale Funding offers funding options to businesses that do not qualify for traditional funding from a bank. Our invoice factoring programs are flexible and enable companies that are turned down by banks to receive funding.
Start-ups, credit challenges, bankruptcies, and rapid growth companies all can qualify for factoring. A simple factoring consultation with a Scale Funding representative is the first step in getting a factoring quote and approval. This can be completed within 15 minutes.
Since 1994, Scale Funding has supplied cash-flow funding solutions to businesses in a variety of industries.
Washington D.C. is the U.S. capital and an exciting city in its own right. Here, the seats of power for all three branches of government are housed: the legislative, judicial, and executive branches. It’s not just all about governing and legislation, Washington D.C. also has a ton of tourist attractions for those visiting the area. There are multitudes of monuments and museums for history buffs, performing art centers to catch a play or concert, several professional sports teams, and a plethora of exceptional restaurants for either a quick lunch or intimate dinner.
Washington D.C. stands for District of Columbia and carries the unique distinction of being neither a state nor a territory of the United States. What many don’t realize is that D.C. is the ninth capital of the United States. The Founding Fathers called Philadelphia, Baltimore, Lancaster, York, Princeton, Annapolis, Trenton, and New York City home before George Washington signed the Residence Act in 1970, calling for a permanent home for the U.S. government. What’s fascinating is that unlike all the cities mentioned earlier, Washington D.C. didn’t exist when it was chosen to be the capital of the fledgling country. It was a planned city built from the ground up with the sole purpose of being the center of government.
There are over 160 memorials and museums in Washington D.C., and while it would take far too long to list them all, it is worth pointing out a couple of the major ones that people come from all over the country to see. The Lincoln Memorial, honoring the 16th president of the United States, houses a 19-foot tall statue of Abraham Lincoln inside a massive Greek-inspired housing. The memorial took over 50 years to complete and went through many designs and variations before the final unveiling in 1922. Today it is one of the most filmed, photographed, and visited places in the entire country. The Washington Monument dominates the D.C. skyline and honors the very first president of the United States. The monument stands 555 feet tall and has 50 flights of stairs that visitors can climb to get a view of the city from 500 feet up at an observation deck. If you aren’t up for the climb, don’t worry, there’s also an elevator that will take you straight to the top. Observers will notice that the monument is two different shades of white, lighter on the bottom and darker on top. The reason for this is construction occurred in two separate phases fifty years apart, and at that point, it was impossible to find the matching stone.
Away from the monuments and memorials, tourists will find all kinds of other attractions to fill their day. The National Zoological Park, better known as the National Zoo, is a 100 percent free zoo operated as part of the Smithsonian Institution. The zoo itself has two campuses. The first is a 163-acre urban park that guests regularly visit, and the other is the 3,200-acre Smithsonian Conservation Biology Institute located in Front Royal, Virginia. Between these two locations, the National Zoo houses 1,800 animals of 300 different species, about one-fifth of which are endangered or threatened. The most popular animals at the zoo are by far the giant pandas, a scarce and endangered animal that few people get to see in person. Beyond that, guests can walk through the park grounds and marvel at all of the other beautiful exhibits including elephants, cheetahs, apes, bison, lions, flamingos, seals, and more.
For sports fans, Washington has all the options. The District of Columbia is one of a handful of places in the U.S. that has a team in all four major sports leagues. The Washington Redskins are the NFL squad, playing home games at a packed FedEx Field. The stadium was remodeled in 2010 and currently has a capacity of 82,000 people. Down the road, is the NBA’s Washington Wizards who have recently rebounded from their place in the cellar of their division to be perennial playoff contenders. They play their home games in Verizon Stadium, which they share with the city’s hockey team, the Washington Capitals. The Washington Nationals are the Major League Baseball franchise that plays at the aptly named Nationals Park. The team is a relatively recent addition to the sports landscape, as the Montreal Expos moved to D.C. in 2005 and changed their name to the Nationals to fit with their new home.
If you’re looking for something a little more refined, Washington D.C. is a national center for the arts. The John F. Kennedy Center for Performing Arts (or Kennedy Center) is host to the Washington National Opera, the Washington Ballet, and the National Symphony Orchestra. Also, each year the Kennedy Center Honors are awards that are given out to those who have contributed significantly to cultural life in the U.S. For a little piece of history, visitors can catch a show at the Ford Theater, the site of the assassination of Abraham Lincoln. It still operates as a functional theater to this day, in addition to being a full-fledged museum. The U-Street Corridor is a collection of theaters and venues that are known as “Washington’s Black Broadway.” It’s here that some of the most iconic musicians of all time got their starts, including Miles Davis, John Coltrane, and Duke Ellington.
The economy of Washington D.C. is booming as well. Recent reports put the gross product of the Washington metropolitan area at $425 billion, making it the fourth largest metropolitan economy in the United States. The Washington area also has a low unemployment rate, making it the second lowest of the 49 metropolitan areas in the United States. The number-one employer in Washington is, to no one’s surprise, the federal government. The U.S. Government accounts for roughly 29 percent of the jobs in the area, which insulates a significant portion of the workforce against recession. Despite occasional economic downturns, the government has to continue to run unimpeded. This has a trickle-down effect on private businesses in the area who work either with the government or as contractors. A large number of law firms, lobbying firms, trade unions, independent contractors, and professional associations have their headquarters here to be close to the government, with whom they do a significant portion of their work. Also unsurprisingly, the second largest industry in Washington D.C. is tourism. All of the museums, monuments, and other public attractions make this city one of the premier tourist destinations in the country. All in all, an estimated 19 million visitors come to D.C. every year and contribute approximately $4.8 billion to the district’s economy.
Whether you are coming in to sightsee the memorials to learn about the history of America, or you want to catch a great show and do some shopping, Washington D.C. has something for everyone. It continues to grow every day and is an ideal place to spend some time in both work and play.