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Receivables factoring in the Minneapolis-Saint Paul area
Minneapolis-Saint Paul, also know as the “Twin Cities”, is the third largest economic center in the Midwest, behind Chicago and Detroit, and the 13th largest in the U.S. The area is home to the country’s fifth largest concentration of Fortune 500 companies, which includes UnitedHealth, Target, Best Buy, 3M and General Mills.
The Minneapolis area is the largest business center between Chicago and Seattle, connecting the Midwest to the Northwest. Major industries include trade, healthcare, and trucking. It’s also a center of high-tech, with research and development in medical equipment, transportation services, and information technology.
Minneapolis businesses turn to invoice factoring for reliable cash flow. Whether you’re an established business or just a start-up, you can get immediate access to working capital without having to rely on a bank. Your factoring company buys your invoices, advances you cash, and handles your collections.
Commonwealth Capital is a factoring company in Bloomington that’s been providing factoring services since 1975. Commonwealth serves most commercial industries including oil and gas, staffing, and trucking. They can approve your factoring application quickly and get you funded within 1 to 2 weeks.