Receivables factoring in Oklahoma
Oklahoma has an economy invested in aerospace, energy and transportation logistics. Oklahoma City is home to several large companies including Devon Energy, Chesapeake Energy, and Love’s Travel Stops. Oklahoma City is near the geographic center of the United States. It is halfway to the east and west coasts, as well as Canada and Mexico.
Oklahoma City is often referred to as America’s Trucking Hub. Because the city is located at the intersection of three Interstate highways, Oklahoma City is a major trucking hub to the south-central area of the U.S. Neighboring states of Texas, Arkansas, and Louisiana are all within an 8 hours drive.
Accounts receivable factoring
Accounts receivable factoring improves your cash flow because you don’t have to wait 30, 45 or 60+ days to collect your receivables. You get the cash quicker so you can pay for supplies, payroll and other operating expenses.
Invoice factoring provides constant cash flow to keep your business going and growing. You also get to enjoy the many benefits of receivables factoring that banks don’t offer.
Working with an Oklahoma factoring company will help your small business improve its cash flow. You’ll get instant cash flow, receivables management, credit services and a business partner to help you through the growing times.
Oklahoma 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.