Texas Invoice Factoring
Texas boasts the 10th largest economy in the world and has more major cities than any other state in the country. Construction, oil and gas, and trucking are just a few of the industries that keep small businesses depending on accounts receivable factoring for healthy cash flow and smooth operations.
Immediate Cash
Invoice financing helps businesses avoid accounts receivable collections because you don’t have to wait weeks or months for payments from your customers. A Texas factoring company pays you immediately.
Line of Credit
One of the most difficult parts of running a business is securing funding. Invoice factoring is similar to a bank line of credit but much easier to qualify. You also get the many benefits of receivables factoring that banks don’t offer.
Oil and Gas Industry
Texas is the largest producer of oil and gas in the country with the Eagle Ford Shale and Permian Basin. Many Texas factoring companies offer accounts receivable factoring services for these oilfield businesses.
Quick Approval
Texas 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.
