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Receivables factoring in the San Francisco Bay area
The San Francisco Bay area is the 12th largest population in the U.S. with 5 million people. Its small size makes it the nation’s second most densely populated metropolitan in the country, behind New York City. The SF Bay area is the seventh largest metropolitan economy in the U.S. and is the best place in the world for high-tech startups.
The San Francisco and San Jose areas make up what is known as “Silicon Valley”, where many of the largest technology companies have headquarters. The San Francisco area is home to 18 Fortune 500 companies including Google (Mountain View), Facebook (Menlo Park), and Oracle (Redwood City). Twitter and Wells Fargo are also headquartered within the city of San Francisco.
San Francisco businesses use invoice financing to maintain cash-flow and accelerate growth when bank financing isn’t available. Bank loan requirements are strict and cumbersome for small businesses, so invoice factoring is an excellent alternative. Meritus Capital is located in San Francisco and provides factoring services for most industries including business services, manufacturing and transportation.
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