New Century Financial is a Houston, TX factoring company.

New Century Financial

New Century Financial is a factoring company in The Woodlands, Texas. Founded in 1985, New Century has grown over the years into an innovative invoice financing company serving businesses across the U.S. We are one of the nation's leading business financing and factoring companies.

Through our specially tailored Just-In-Time Cash invoice factoring program, our Quick Start application process, and streamlined funding procedures, we can deliver the funds to take your business to the next level with no hidden or extra fees.

New Century provides these invoice factoring benefits:

  • Advances rates as high as 90%
  • You choose which invoices or parts of invoices to fund
  • 24 hour streamlined approval process
  • No term contracts
  • No hidden fees or extra charges

We give you competitive pricing, individualized client assistance, and innovative financial solutions. We are dedicated to exceeding your expectations with the highest level of service, innovation, and execution.

Industries Served:

Featured Services:

24 Hour Funding:
Yes
Collection Services:
Yes
Credit Services:
Yes
Digital Invoice Processing:
Yes
Online Reporting:
Yes
Non-recourse Factoring:
No

Terms of Service:

Application and Start-up Fees:
We do not have any other fees other than the factoring rate for the invoices.
Contract Length:
We do not tie you down with a Term Contract. Once all balances are satisfied, you can terminate the account with a simple email or call request.
Cancellation Fee:
We do not have any other fees other than the factoring rate for the invoices.
Monthly Minimum:
No, we do not require you to pay monthly minimums.
Factor All Invoices:
No, we do not require for you to factor all your invoices.
Reserve Availability:
We release reserves weekly unless there is an issue with your account. Your dedicated account manager will inform you of any issues to try to get it resolved to avoid a hold on your reserves.
Additional Fees:
We do not have any other fees other than the factoring rate for the invoices.
Patricia Windon of New Century Financial
Patricia Windon
Business Development Officer
713-840-1600

General Information:

Year Founded:
1985
No. Employees:
11-50
Associations:
IFA, CFA
Address:
1610 Woodstead Court, The Woodlands, TX

Financial Information:

Minimum Credit Facility ($):
10,000
Maximum Credit Facility ($):
5,000,000
Advance Rate (%):
80%
1610 Woodstead Court, The Woodlands, TX