Receivables factoring in the Seattle area
The Seattle-Tacoma-Bellevue metropolitan area has 4 million people and boasts one of the most diversified economies in the world. The Seattle area is the 11th largest metropolitan economy in the U.S. The area’s economy is a major center of transportation, manufacturing, and technology.
Seattle is home to 8 Fortune 500 companies including Amazon, Starbucks, Nordstrom and Microsoft. Other major corporations that have headquarters in the region include Weyerhaeuser, Expedia and Costco. Bellevue is also home to truck manufacturer Paccar. Boeing was based in Seattle before moving its headquarters to Chicago.
Seattle area businesses use receivables factoring to sustain their working capital, while fueling growth. Invoice factoring provides businesses access to cash from freshly generated invoices. Your factoring company buys your invoices, advances you cash, and collects the payments from your customers.
Seattle has excellent factoring companies that serve all types of industries. Orange Commercial Credit has been providing factoring services since 1979, while Allegiant Business Finance has been serving Seattle area businesses since 2003.