Austin Invoice Factoring
Austin, Texas is commonly referred to as “Silicon Hills” because it has produced more growth in technology jobs than any other major U.S. city during the past decade. Austin has several economic factors that create a fertile environment for tech start-ups including cheap real estate and a steady supply of college graduates.
Immediate Cash
Invoice financing 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 your suppliers, employees and other expenses.
Bank Alternative
Rather than sinking into debt and making loan payments, accounts receivable factoring is similar to a bank line of credit. You also enjoy the many benefits of invoice factoring that banks don’t offer.
Small Businesses
With so much small business growth occurring, it’s no surprise that invoice factoring is thriving as well. Austin, Texas has a number of excellent factoring companies to service these small businesses and entrepreneurs.
Fast Approval
Austin factoring companies can approve your factoring application within several business days. Often, you can get your first funding within 5 to 10 business days, making receivables factoring quick and easy.
