#INVOICE FACTORING COMPANIES NEAR ME SOFTWARE#

You get cash upfront, so you can pay the operating costs that you incurred to generate the revenue. A Texas factoring company pays you immediately for newly generated invoices to your customers. Invoice financing helps businesses avoid accounts receivable collections because you don’t have to wait weeks or months for payments from your customers. You also get the many benefits of receivables factoring that banks don’t offer. Invoice factoring is similar to a bank line of credit but much easier to qualify. One of the most difficult parts of running a business is securing funding. Oil and gas, technology, and defense are just a few of the industries that keep small businesses depending on accounts receivable factoring for healthy cash flow and smooth operations. Dallas / Fort Worth is also home to several major defense contractors, such as Lockheed Martin, Bell Helicopter and Raytheon. Austin, also know as “Silicon Hills”, is home to Dell and major semiconductor design companies.ĭallas is home to the “Telecom Corridor” which is a center of innovation in communications and info tech.

#INVOICE FACTORING COMPANIES NEAR ME SOFTWARE#

Texas is also a major developer of computer and software technology, with Austin, Dallas and Houston hosting a number of large high-tech companies. Many Texas factoring companies offer accounts receivables factoring for oilfield service businesses. The state is also home to oilfield service providers Dresser, Haliburton and Schlumberger and large pipeline operators.

Houston is the energy capital of the world with BP, CononcoPhillips and Marathon Oil having headquarters there. with over 8 billion barrels and almost 5 billion barrels of proven oil reserves in the Eagle Ford Shale and Permian Basin. It has the largest supply of oil and gas deposits in the U.S. Texas boasts the 10th largest economy in the world and has more major cities than any other state in the country.

Invoice factoring companies near me