Factoring Companies in Bethesda

Are you tired of waiting on customer payment? Could you use the cash that is tied up in your receivables? Factoring companies in Bethesda turn your invoices into same-day cash through invoice factoring.

Speed Up Your Cash Flow with Bethesda Invoice Factoring Programs

Invoice factoring, also referred to as accounts receivable financing, is a cash-flow financing solution that eliminates the wait on customer payment by paying you same-day on your invoices. While other common forms of financing include a bank loan or line of credit, invoice factoring offers several benefits compared to these solutions. Take a look at a few of them below.

Invoice Factoring with Scale Funding	Business Loan or Line of Credit
Quick Approval Process	Lengthy Approval Process
Same-Day Funding	Funding Takes Weeks
Free Credit Checks on Your Customers	No Credit Checks
No Debt Created	Additional Debt Created
Your Financing Grows as You Grow	Financing is Capped

Financing from $50K-$20MM

Why Finance with Factoring Companies in Bethesda?

Businesses in many stages choose to finance with factoring companies in Bethesda because they are flexible. From start-up companies to those expanding quickly, invoice factoring can be the cash-flow solution.

Even if a bank turns you down because of credit, tax liens, or bankruptcy, you can still be approved for a Bethesda accounts receivable financing program. Our approvals are based on your customers’ creditworthiness rather than yours.

So if you’re tired of waiting to get paid and are looking for a cash-flow solution, look no further than Scale Funding. We’re your top choice among factoring companies.

Industries that Use Invoice Factoring

For more than 20 years, Scale Funding has provided receivable financing to companies in several industries.

Government Contractors: Local, State, Federal,  Service Providers, Manufacturing, Construction, and More	Trucking & Freight: Flatbeds, Reefers, Vans, Heavy Haulers, Oilfield Trucking Companies, and More
Staffing Agencies: Administrative, Clerical, General Labor, Medical, and More	Telecom & Wireless: Cell Tower Construction, Inspection, Maintenance, Tower Erectors, and More
Renewable Energy: Wind, Solar, Water, Site Preparation, Site Maintenance, and More	Oilfield Services: Frac Sand Haulers, Water Haulers, Roustabouts, Vacuum Trucks, Trenching Services, and More
Technology:  IT Consultants, Network Administration, Data Management and Migration, and More	Utility & Pipeline: Pipeline and Utility Contractors, HDD, Welding, Inspection, and More
Heavy Construction: Welding, HDD, Crane Companies, Specialty Carriers, Intermodal, and More	Many More:  Janitorial Services, Manufacturing, Printing, Maintenance, Distribution, and More

Bethesda, Maryland

Bethesda, which means House of Mercy or House of Kindness in Aramaic and Hebrew respectively, is located in the southern part of Montgomery County, in the state of Maryland. A local church, the Bethesda Meeting House, is credited with giving the town its name. The church took its name from Jerusalem’s Pool of Bethesda. It was built in 1820 and rebuilt in 1849.

The town is unincorporated and is found just northwest of Washington D.C, the capital of the United States. Since it is unincorporated, it has no official boundaries. Bethesda was named as the most educated small town in America in both Forbes and Times.

History

Bethesda sits on a major route known to have been the original path of an ancient native Indian trail. The first European to travel to the area was Henry Fleet, who was a fur trader. He accessed the area via the Potomac River. From 1623 to 1627 he stayed with the Piscataway tribe as a guest or, sometimes, a prisoner. He left for his homeland, and after speaking to a few investors about the potential riches to be reaped from trading in fur and gold, he was awarded funds for another North American expedition.

Many of the initial settlers in Maryland were farmers who were leased the land, and they paid their rent in tobacco. Tobacco farming attracted more settlers to the area, and more fertile land was sought farther north. In 1694, a man named Henry Darnall came upon a 710-acre stretch of land which he surveyed, and the area became the first land grant in Bethesda.

Bethesda became a rural way station between 1805 and 1821 after a toll road was developed in the area. The toll road facilitated the transport of tobacco and other products between Georgetown and Rockville and farther north to Frederick. A small settlement was established around a store and a tollhouse that were located along the turnpike.

As 1862 rolled around, the community became known as ‘Darcy’s Store’ named thus after William E. Darcy who owned a local establishment. In 1871, the new postmaster, Robert Franck, renamed the settlement after the Bethesda Meeting House; a Presbyterian church built in 1820. The church was put up on the present site of a cemetery belonging to the church. In 1849, the church was burnt down by a fire and rebuilt in the same year.

The only noteworthy development through the 19th century was a small crossroads village that boasted of a blacksmith’s shop, a church and school, a few residential establishments, and some stores. A post office was established in 1852 and Reverend A.R Smith was appointed as the first postmaster.

Bethesda began to experience a population growth spurt in 1890 after the installation of a streetcar line. This came with the beginnings of suburbanization. Until then, the dependence on the rail lines proximity prevented growth in the area even if the surrounding communities which were located on the rail lines flourished. When the personal automobile made its debut in the area, this dependency ended. The town planners developed the community henceforth with the newest means of transport in mind.

World War II also contributed significantly to the development of Bethesda because it created an expansion of government. Government contractors, medics, and business professionals gradually converged on the area to create a community that had economic potential. In 1984, the Metrorail was expanded with a station being established in Bethesda. The Bethesda Metro Center was built by Alan Kay. It immediately opened the area up to further commercial and residential development within Bethesda and the surrounding communities.

Economy

The following companies are located in Bethesda:

• Coventry Health Care
• HMSHost
• Cystic Fibrosis Foundation
• Digital Management, Inc.
• Calvert Investments
• AdisorShares
• U.S Headquarters of AREVA Inc
• Honest Tea
• International Neuroethics Society
• Host Hotels and Resorts
• Lockheed Martin
• Ritz Carlton
• RLJ Companies
• Marriot International
• NBC Sports Washington
• Wellness Corporate Solutions

These and many other enterprises in Bethesda contribute to the economy and ensure that the residents within and without are gainfully employed. You would not lack work living in such an economically robust community.