Factoring Companies in Palmdale

Invoice Factoring Provides Fast Cash for Palmdale Businesses

Instead of waiting for 30, 60 or even 90 days on customer payments, get cash immediately for your invoices with invoice factoring. Invoice factoring, also known as accounts receivable financing, works by selecting a factoring company and selling your open receivables to them in exchange for an immediate cash advance. When you choose TCI Business Capital over other factoring companies in Palmdale and California, you’ll get to take advantage of our many added benefits. Some of these include:

• Free consultation and quote
• Simple Setup
• No Setup Fee
• Same-Day Funding
• Low Factoring Rates
• 24/7 Online Reporting
• Free Credit & Collection Services

Industry Expertise

TCI Business Capital has funded many industries through our Palmdale invoice factoring programs. If you invoice other businesses, are waiting to get paid and could use the cash tied up in your open receivables, contact us today to see how we can help. Some of the industries we’ve funded include:

Oilfield Services	Transportation	Renewable Energy
Technology	Government Contractors	Staffing Agencies
Utility & Pipeline	Heavy Construction	Telecom & Wireless

Customized Programs to Fit Your Needs

Our Palmdale accounts-receivable financing programs are custom to work with the needs of different business sizes and situations. If one or more of the following fits your business situation, contact us today to get started.

Slow-Paying Customers

If you’re waiting for 15, 30 or even 90 days for customer payment, stop waiting and start factoring. We’ll eliminate the cash-flow gap by providing same-day funding on your invoices.

Expanding

If your business is expanding quicker than your cash flow, our Palmdale invoice factoring programs can help. Our monthly programs range from $50,000 to $20 million, giving you plenty of room to grow.

Credit Issues

If your credit is maxed or less-than-perfect, invoice factoring can still work for you. We approve you based on your customers’ credit, rather than yours.

Bank Turn-Downs and Workouts

Because we’re not a bank, we can work with companies when a bank cannot.

Bankruptcy

We help companies get back on their feet after bankruptcy with our DIP financing solutions.

Palmdale, California

Situated in the focal area of the northern part of the Los Angeles County in the state California is the dainty city of Palmdale. It is home to around 152,750 people. However, the Palmdale, or Lancaster, urban area has an estimated total population of 513, 547. Overall, the city is known as the 33rd most populous city in California.

History

The first settlement in the city was called Palmenthal. It was said that the village was established on April 20, 1886, by the Lutheran travelers who came from the Midwest. Most of these travelers were identified as of Swiss and German lineage or ancestry.

According to the folk stories of the locals in the area, the travelers were told before that whenever they got a glimpse of the palm trees, it indicated that they were near the ocean. Although they never really caught sight of palm trees, but rather, Joshua trees. They mistakenly thought they were palm trees, and so, that is when they identified their settlement as Palmenthal, which means “palm valley” in German.

You will not find many remnants or marks of the Palmenthal dwelling except for the old cemetery in the Palmdale Pioneer, which is in close proximity to 20th Street East and Avenue S. The city of Palmdale has marked this area as a soon-to-be-established historical park. Another significant piece of evidence of the Palmenthal settlement is the old school house that is now moved and can be found at McAdam Park.

Palmdale Township became a city in August of 1962 when the two square miles of land surrounding the modern day Civic Center were incorporated. In 1964, State Highway 14, also known as the Antelope Valley Freeway, was finished. It was constructed to create a connection between Los Angeles and Palmdale.

For more than two decades, the city has consistently ranked in the top 25 fastest growing cities in the United States, based on the percentage change. It is also the second biggest city in Los Angeles County, in terms of land area, and one of the biggest cities in the United States that is not served by either a U.S. Highway or an Interstate Freeway.

Aerospace Industry

This industry is known to be the most important part of Palmdale’s economy. The city refers to itself as the aerospace capital of the United States. Major aircraft operations such as research, development, final assembly, flight testing, servicing, modifications, maintenance, and other significant aircraft work-related endeavors are conducted in Palmdale. It has been the site of the following government aerospace departments, organizations, and branches, as well as other aerospace companies:

• The United States Air Force
• NASA
• Boeing
• Lockheed Martin
• Skunk Works
• Northrop Grumman

Almost all of the prominent aircraft in both the government and the commercial facilities were formed, maintained and closely monitored in Palmdale.

Sites to See and Visit

The city takes pride in its numerous amenities and tourist attractions, landmarks and sites. Tourists can go hiking and visit relevant spots such as the Palmdale Playhouse and Art Gallery where they can view different artwork. They can also try the Palmdale Amphitheater with its 10,000 outdoor seats that host world-famous performers during evening shows in the summer season.

Other sites to see and visit in the area include the Antelope Valley Mall, which has more than one million square feet of shopping area, Barrel Springs Equestrian Center, Best of the West Softball Complex, Dry Town Water Park, which is open from May to September, Palmdale Civic Center and the Rancho Vista Golf Course, which is the known to be the only classified golf course by the PGA in Palmdale.

Joe Davies Heritage Airpark

This airpark showcases the prominence of the aerospace industry in the city. It is located at Palmdale Plant 42, which is perfect for families and friends. The site evidences through displays the aircraft that played a significant role in the richness of the city’s aerospace heritage. It also presents the historical relevance of the United States Air Force Plant 42, which is a point of pride to the locals.

Blackbird Airpark Annex Display

Another site to witness a display of different aircraft that were built or tested at Palmdale Air Force Plant 42 is Blackbird Airpark.

Thursday Night on the Square

This event offers live entertainment, recreational activities and attractive facilities such as the outside market and refreshments, as well as various arts and crafts and live entertainment. During Thursday nights in the summer, there are many activities for children to enjoy.