South Dakota
Factoring Companies

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Aladdin Financial is a freight factoring company in South Dakota that has big roots in the trucking industry that offerscompetitive rates.
1201 W. Russell St., Sioux Falls, SD
605-951-9009

Sioux Falls Invoice Factoring

South Dakota factoring companies help businesses improve cash flow.
South Dakota factoring companies help businesses improve cash flow.

The service industry is the largest growth sector in South Dakota which includes retail, finance, and health care industries. Small businesses seek receivables factoring to support their growth. When bank financing isn't quite available, they turn to invoice financing for cash.

Agriculture and trucking are other significant sectors of the South Dakota economy. Agricultural production is growing, especially in rural areas. Cattle, corn, soybeans, wheat, and hogs are the five most valuable agricultural products in South Dakota. Related industries such as meat packing and ethanol production also have a considerable economic impact on the state..

Invoice Financing
Is Quick & Easy

1. Send your invoices to your factoring company.
2. Your factoring company buys your invoices and sends you 80% to 95% of the invoice amount within 24 to 48 hours.
3. Your factoring company collects the invoices from your customer and sends you the final payment.
Invoice financing is a quick and easy process.
Choosing a factoring company.

Choosing an Invoice Factoring Company

Choose your factoring company by looking at factors such as industry, credit size, factoring rates, contract terms, location, and customer service.

Accounts Receivable Financing

Cash Flow Solution

Accounts receivable financing virtually eliminates your collection days and speeds up cash flow to operate your business.

Receivables Management

Your factoring company handles all the accounts receivable functions including collections, accounting and reporting.

Business Credit Services

Factoring companies analyze your customers' credit scores and monitor credit limits to protect you from bad debt losses.

No Loans or Debt

Accounts receivable financing doesn't involve risky loans or debt and doesn't require you to make loan repayments.

Quick and Easy

Invoice financing is available within 5 to 10 business days and doesn’t require historical financials or spotless credit.

Peace of Mind

Receivables factoring provides business stability and allows you to focus on operating your business rather than handling cash flow problems.

Guide to Factoring Receivables

Discover why invoice factoring can be better than bank financing, learn the receivables factoring process and factoring rate structures, know what to expect when applying for factoring services and much more.