Dallas / Fort Worth has the largest corporate headquarters base in the country with over 10,000 corporate headquarters. Some of the larger businesses include American Airlines, Southwest Airlines, Exxon, AT&T, Texas Instruments, and Dr. Pepper.
The DFW economy is a great place for startup businesses. Small businesses can grow well in Dallas. With growth, comes the need for financing. Invoice factoring is an excellent tool for small businesses that don't qualify for bank credit. Invoice factoring helps your cash flow much like a normal bank line of credit. Factoring companies pay you up front for your invoices so you don't have to wait for accounts receivable collections.
Dallas is home to two dozen fortune 500 companies headquarters, 25 billionaires, and over 50 universities and colleges. The ecosystem for economic growth in Dallas is incredible for small businesses.
Accounts receivable factoring is the perfect solution for many startup businesses. Young companies don't have the history to qualify for bank lending yet operating capital is necessary for growth. If your business is B2B, then you're a candidate for accounts receivable financing based on the credit worthiness of your customers. Even if your personal credit is poor, most factoring companies focus on your accounts receivables for collateral.