BusinessCash is funding during the COVID-19 crisis.

Factoring in Texas

Need working capital now? Can’t wait 30 or 60 days for your Accounts Receivable to Pay? We can help…

  • We’ll give you up to 92% cash advance and receive the balance once your client pays in full
  • Fast and easy financing in as little as 24 hours
  • Bad credit? No problem. We look at the credit of your client, not yours
  • Tax issues? We can still finance you
  • Credit protection with every factoring program

Since 1998 we have proudly served the state of Texas with Accounts Receivable Invoice Factoring and Purchase Order Funding.

Purchase Order Funding

Texas’ economy is the 2nd largest in the US (only behind California) which is comparable to both India and Canada.   Agriculture, Mining, Energy, Technology, and Commerce fuel the large Texas economy.   Texas has been ranked as the most business-friendly state in the entire nation.  We at BusinessCash enjoy doing business in Texas and we can help businesses get the funding they need and finance their business initiatives.

What is a Typical cost of Factoring?

Factoring fees are based on length of time for payment from your client. Below is an example chart of how fees work based on timeframe.

Fees vary based on your unique funding situation.

Length of Time for Payment Invoice Factoring Rate
20 days 1.00%
30 days 1.50%
45 days 2.50%
60 days 3.00%

Keep in mind that a good factoring company will work with you based on your customer’s payment history and make sure your terms are favorable to you.

Your customers pay in a particular pattern. If your customers all pay in 37 days, then a fee based on 30-day increments would be slightly more costly. That’s because you will end up paying additional factoring fees based on the extra seven days. Factors can design your fees based on your unique situation – daily, 10-day increments, 60-day flat fee, etc.

Our Newest Funding Transactions in Texas

  • Product / Industry: General Contracting / Construction – for Property Management Company
  • Location: Austin, TX
  • Funding type: Invoice Factoring

Here is a list of just some of the Texas client types we have helped with their Working Capital Needs and the Services we provided:

Ready to get funded? Call us toll-free at (888) 400-5930, complete our secure online funding application or chat with us.

Rating: 4.7/5. From 3 votes.
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