Austin has produced more growth in technology jobs than any other major U.S. city during the period 2004 to 2014. Commonly referred to as "Silicon Hills", Austin has several economic factors that create a fertile environment for tech start-ups:
- No state personal income tax.
- Cheap real estate.
- A revitalized downtown.
- A steady supply of college graduates.
All this has made Austin a hotbed for creativity and business. Austin is a place where small business thrives. With so much small business growth occurring, it's no surprise that invoice factoring is thriving as well. Texas has a number of excellent factoring companies to service these small businesses and entrepreneurs.