Receivables factoring in Silicon Valley
Silicon Valley accounts for one-third of all of the venture capital investment in the United States. San Jose and Silicon Valley may not produce as much tech equipment as it once did, but much of the world’s output is envisioned and designed there. Silicon Valley is a center of innovation in internet search, software development, communications, networking, semiconductor and computer design.
Accounts receivable financing improves your cash flow because you don’t have to wait 30, 45 or 60+ days to collect your receivables. The factoring company buys your invoices and sends you cash within 24 to 48 hours.
Many small business aren’t ready for bank financing. Invoice factoring is an opportunity for start-ups with growing sales to achieve financial success without plunging into debt or giving up hard-earned equity.
Santa Clara, Palo Alto, Fremont
San Jose is surrounded by many flourishing business communities. The high-tech environment is ripe with entrepreneurial spirit and many are ready to take their businesses to new heights with invoice financing.
California factoring companies can approve your factoring application within several business days. Often, you can get your first funding within 5 to 10 days, making invoice factoring a quick and easy process.