Factoring Companies in Houston

Having a steady cash flow is essential for your business. Houston invoice factoring companies such as Scale Funding are the source of financing businesses turn to when they need cash. Invoice factoring supplies cash to meet payroll, maintain equipment, and grow your business.

Choose the Best Financing Solution: One That’s Flexible – Invoice Factoring

When you’re in need of cash for your business, it’s important to start by comparing available financing options. While many go right to a bank for a business loan or line of credit, an alternative, flexible solution to consider is invoice factoring, also known as accounts receivable financing.

Invoice factoring provides companies with steady cash flow from a same-day advance on their invoices. Instead of waiting to get paid- which for some can take upwards of 45 days- Houston invoice factoring programs pay you within 24 hours, allowing you to focus more on your business.

Invoice Factoring	Business Loans & Lines of Credit
Quick, 15-Minute Approvals	Lengthy Approval Process
Minimal Paperwork to Get Started	Extensive Paperwork
Approval Amount Is Based on Your Customers’ Credit	Approval Amount Is Based on Your Credit
No Line Limits. the More You Grow, the More Cash Available	Your Amount Is Capped and You May Have Difficulty Obtaining More
Same-Day Funding	Funding Can Take Months
Credit Checks on Your Potential Customers	No Credit Checks on Your Customers
Dedicated AR Specialists to Ensure Customer Payment	No Dedicated Support for Your Account

We Fund Many Business Sizes and Situations with Invoice Factoring

Although there are many factoring companies in Houston and Texas, Scale Funding is your number-one choice because of our flexibility and experience in working with different business and financial situations. Many of our customers use invoice factoring to eliminate the cash-flow gap caused by slow-paying customers through our same-day funding.

Yet some of our customers have more diverse needs. Some of these include start-up businesses, companies that are growing rapidly, bank turn-downs and companies with maxed-out credit or less-than-perfect credit. We can help get the cash you need to maintain operations through our month-to-month programs that range from $50 thousand to $20 million.

Industries We Serve in Houston

With over two decades of experience, Scale Funding works with many industries through our Houston invoice factoring programs, including:

Oilfield Services: frac sand haulers, gravel haulers, water haulers, drilling, hydro-vac services & more	Pipeline: pipeline construction, pipeline maintenance, site preparation & more
Heavy Equipment: hdd drilling, excavating, welding, concrete contractors & more	Telecom & Wireless: tower construction, tower inspection, antenna maintenance & more
Trucking & Freight: heavy hauling, reefers, flatbeds, vans, spot loads, & more	Staffing Agencies: temporary & permanent employment, administrative, clerical, general labor & more
Government Contractors: local, state and federal, IT, security, construction & more	Technology: IT services, data migration, and management, consulting, network administration & more
Renewable Energy: wind farms, solar fields, site preparation, maintenance, construction & more	Other Industries: printing, distribution, security, maintenance, manufacturing & more

Houston, Texas

Houston is the fourth-largest city in the United States, beat out by New York City, Los Angeles, and Chicago. According to the latest census estimate, Houston’s population is around 2.3 million, which is up approximately 200,000 from the 2010 census. The surrounding metro area is about triple this size. Houston is growing at an increasing rate with no signs of slowing down.

Houston is known for its dominance in the energy industry. It is home to hundreds of energy companies and is considered the U.S. energy headquarters because of its involvement in every aspect of the industry, including exploration, production, transmission, marketing, supply, and technology. Surprisingly, Houston’s stake in the alternative fuels sector is increasing due to a large number of industry professionals who call it home. Houston is also home to a $1.5 billion complex that includes support for the best and brightest science and engineering professionals and one of NASA’s biggest R&D locations.

Manufacturing is yet another area to which Houston contributes. More than 6,000 manufacturers involved in advanced and technological materials and software have claimed their piece of Houston’s vast amount of industrial space, employing more than 200,000 skilled workers. Among these manufacturing companies, 23 are Fortune 500, making Houston the second-largest Fortune 500 city in the world, following New York City. With its convenient location between the East and West Coasts, Houston has become the ideal city for manufacturers to set up distribution centers as well. Houston is also home to much of the trade between Mexico, South America, and Canada.

Houston also has a huge stake in the medical and research fields, with more than 190 life-science and biotechnological companies and over 130 progressive hospitals, clinics, and research facilities. It ranks in the top ten of metro areas that contribute significantly to research and commercialization, and it is the birthplace of nanotechnology.

History

Houston began as a vast, desolate area of flat land owned by John Austin, an early settler. His widow would eventually sell all of their lands to John and Augustus Allen, who would become the founders of the city.

The Allen brothers were from New York and moved south in hopes of continuing and expanding upon their bookkeeping and shopkeeping businesses. After their move to Texas in 1832, they played an instrumental part in keeping the soldiers and forces supplied during the Texas Revolution. After the revolution ended, Augustus Allen’s wife Charlotte received a sizeable inheritance, which they used to purchase the land that is now Houston. They decided to name the city Houston after their friend and fellow Texan, Sam Houston and envisioned the city as the new capital of Texas. In 1837 their dream would come true when the Texas Congress moved their office from Columbia to Houston. Cabins, shops, taverns and the city’s first theater would soon follow as everyone hurried to be a part of the new, albeit barren, city.

Railroad and freight made way for the first real industry of commerce in Houston, as its location boasted close proximity to the sea. It became an epicenter for trade and imported goods. In 1901, the first automobile arrived, and in 1935 the first aircraft arrived with Braniff Airlines. This would eventually amount to “Houston” being the first word spoken in space by an American.

With the devastating hurricane in Galveston in 1900, Houston’s largest coastal competitor needed time to recover. Meanwhile, Houston strengthened its stake in shipping with the completion of the Houston Ship Channel. Because of these two factors, Houston quickly became the preferred port of the area while promoting cheaper prices and more protection from gulf storms.

Another central historical event happened in 1901 with Spindletop blowing out near Beaumont. The oil rush began and many companies set forth to become Houston’s next big oil producer. With Houston’s busy ship channel, companies soon began exporting oil and gas, which cemented Houston as the world’s energy headquarters.

Due to immense fortunes, an idea of philanthropy and generosity developed in the city. Possibly the most notable example of this was M.D. Anderson, who had a monumental stake in the cotton brokerage business in Houston. In 1939 he left his fortune to a foundation in the hopes that it could help those in need. This donation became the start of University of Texas’ new cancer treatment center, which was named M.D. Anderson. Baylor University soon followed suit and moved its medical school to Houston. These two would grow over time to become the world’s largest medical center complex, with more than 40 institutions across more than 600 acres.

Education

Houston is home to more than 40 colleges, universities, and higher education institutions. The most prominent include Baylor College of Medicine, Rice University, University of Houston and University of Texas Health Science Center.

Culture and Recreational Activities

Theater
With a 17-block theater district that houses eight performing arts organizations and over 12,000 seats, it rivals that of New York City.

Museums, Galleries, and Shops
Houston has a large assortment of museums that represent the melting pot of a city that speaks over 90 languages. Some of the heavy hitters include Asia Society Texas Center, the Czech Cultural Center, the Houston Museum of African American Culture and the American Cowboy Museum.

There are various cultural events throughout the year, as well as year-round venues such as Casa Ramirez, which sells numerous Mexican crafts, portraits and other artwork. Ten Thousand Villages is a popular marketplace for trades from Asia, Africa, Central America and the Middle East.

Sports

Houston is a dream city for the sports fan, with four professional teams, including the Houston Astros, the Houston Texans, the Houston Rockets and the Dynamo. Houston has been home to NCAA championship games, Olympic qualifying games, and the Super Bowl. Even if you’re not into professional-type sports, Houston has a large rodeo circuit with numerous events throughout the year.

People

Many recognizable people call this city home, including cosmetics mogul Mary Kay Ash, presidents George W. Bush and George H.W. Bush, aviator Howard Hughes, Beyonce Knowles and Dennis Quaid.