Factoring Programs for Utility and Pipeline Contractors
Cash to Pay Bills, Meet Payroll, Purchase Equipment, and More
Pipeline contractors, welders, and pipefitters need cash to keep their business operating. Scale Funding is a leading invoice factoring company, providing financing to Pipeline contractors, welders, and pipefitters. Factoring is the answer for companies needing immediate cash.
Since 1994, Scale Funding has provided essential financing to thousands of companies in the United States and Canada. Companies use the cash to pay bills, meet payroll, purchase equipment, and more. Contact us for a free, no-obligation quote and consultation on how factoring can be the source of cash for your business.
Factoring Provides the Cash Flow Utility and Pipeline Contractors Need
Utility and pipeline contractors perform essential work for a modern society. Our lives are powered by the energy and natural resources that flow through the infrastructure built by these companies. Operating a utility or pipeline contracting business takes cash, and if your customers pay slowly, cash isn’t always readily available. Invoice factoring with Scale Funding delivers the cash contractors need.
Accounts receivable financing is a financing alternative to a business loan or business line of credit. Scale Funding is a factoring company with over 20 years of experience providing cash to companies in a range of industries and situations.
With factoring from Scale Funding, utility and pipeline clients can get a competitive cash advance on their qualified invoices. The remaining balance is remitted less a small fee once the invoice is paid.
The Advantages of Factoring for Utility and Pipeline Contractors
There are many benefits of factoring for utility and pipeline contractors. The main advantage of factoring is the improved cash flow for your business. With the immediate cash flow from factoring, you can:
- Pay bills
- Purchase equipment
- Add crews
- Take on more work
Factoring Experience for Utility and Pipeline Contractors
All factoring companies provide cash. What sets them apart is service. Scale Funding has over 20 years of proven experience offering best-in-class factoring solutions to thousands of small- to mid-size companies across North America.
Scale Funding staff has the knowledge, experience and steadfastness utility and pipeline companies demand. Our account representatives recognize each client is unique and work closely with them to help achieve their business goals. The AR management team works on behalf of clients to resolve any delays in payments. Their professional, respectful conduct ensures a good working relationship between clients and their customers.
Scale Funding serves the Utility & Pipeline Industry
The utility and pipeline construction industry has companies performing a range of services and trades. Scale Funding has provided accounts receivable factoring to companies across North America working on utility and pipeline projects. Companies such as these use factoring:
Horizontal Directional Drilling | Crane & Aerial Lift Operators |
Hydrostatic Testing | Demolition Contractors |
Pipeline Construction | Grading & Excavating |
Pipeline Maintenance | Sewer Construction & Maintenance |
Pipeline Rehabilitation | Gas & Utility Line Installation |
Right of Way Clearing | Trenching Services |
Fabrication & Welding | Underground Utility Contractors |
Material Handling | Utility Construction |
Vacuum Trucks & Excavators | Water Main Construction |
Inspection Services | And many more |
Factoring with Scale Funding
Steady cash flow enables utility and pipeline contractors to operate profitably. At Scale Funding we know the need for cash is immediate. We’ve cut the red tape and streamlined the application process. Getting started with factoring is as easy as 1-2-3.
Step 1 – Get a Quote
Speak with a Scale Funding representative. We’ll discuss your cash-flow situation and needs, and we’ll offer a free, no-obligation consultation and quote for a factoring line in 30 minutes or less.
Step 2 – Submit Invoices and Related Documents
Once a factoring line is agreed upon, we’ll schedule your first funding. During the set-up process, we’ll walk you through the agreement and discuss your invoices and any related materials.
Step 3 – Get Cash for Your Invoices
When the set-up process is complete, we fund you via ACH direct deposit or a wire transfer directly into your bank account. From this point forward, each time we receive your invoices, we’ll process and fund you the same day the invoices are received.
Scale Funding Value-Added Services
Utility and pipeline contractors benefit directly with the cash flow from factoring. There are other value-added services that come from factoring with Scale Funding. Features like professional accounts receivable management, trusted treasury services and online reporting give clients the peace of mind to focus on the job at hand.
Why Factoring makes sense
- Factoring programs are customized to your needs
- Factoring is contingent on your customer’s credit and payment history, not your own
- Factoring lines are determined on your sales volume, not your company’s value
- Factoring does not add debt to your company
- Factoring can be used by companies in challenging financial situations
We Know Your Customers
We have over 20 years of experience working with the major players in the pipeline & utility industry. We know what they require, which makes it even easier for you to get paid the same day for the hard work you do. Some of the companies we work with include:
CB&I Company | Kinder Morgan | Williams Companies Inc. |
RESOURCE CENTER
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