IT factoring provides nanosecond-fast funding for tech firms
Startup businesses and tech companies are practically synonymous terms to most people. For those tech firms inside and outside Silicon Valley, getting financing for their new enterprise remains tricky. While stories about venture capital funding capture headlines, such options are out of reach for the vast majority of technology companies. This is why many technology firms seek out technology factoring companies.
Tech startups that can’t wait choose technology factoring
Technology factoring offers many benefits to those in IT, an industry that is already accustomed to expediency and moving fast. After all, it can be difficult to excel in a fast-moving industry if your finances can’t keep pace. IT factoring infuses capital into your technology firm so that it can stay one step ahead of its expenses rather than falling behind. With a robust cash flow, technology companies can have cash at the ready to:
Take on new contracts or assignments
Fund payroll of high salary engineers, developers and others in IT
Purchase or lease new software, equipment, devices, gear and more
Place a bid on a new project and get ahead of the competition
Or just cover the costs of ordinary expenses such as overhead, business operations, bills, and more
IT factoring zaps payment gaps
Whether they are established or new phase companies, many in technology suffer from payment gaps. In such instances, the company is expected to meet its payment responsibilities right away but often have to wait more than 30-days before receiving payment. Such a setting can make growth or expansion almost impossible. In a competitive field, it is imperative to have cash at the ready to move on the latest product or service innovation.
Technology factoring companies provide capital to a wide range of technology firms, including:
Tech startups
Mobile web development firms
Software engineer consulting firms
Hardware suppliers, manufacturers and those in telecom
Staffing companies that specialize in IT consultants, engineers, software developers, technical support staff and more
IT factoring companies offer other convenient services
Many technology factoring companies themselves take advantage of the latest technological innovations by offering online account management services as part of their offerings. These transparent services mean tech companies can access its account online 24/7 to know exactly when payment was received. These services vary by IT financing companies.
Learn More About Technology Factoring Companies:
- Dominate Cash Flow with Technology Financing in the Form of Invoice Factoring
- A Brief History of Accounts Receivable Factoring
- Debt Factoring and Invoice Discounting: What’s the Difference?
Search Our List to Find Technology Factoring Companies Near You:
Riviera Finance
1000 Mansell Exchange Building 300, Suite #340 Alpharetta, GA 30022
10320 Little Patuxent Pkwy Suite 200 Columbia, MD 21244
1925 18th Avenue NE Suite #115 Calgary, AB T2E 7T8
8307 University Executive Park Drive, Suite #250 Charlotte, NC 28262
17 W 415 Roosevelt Rd. Oakbrook Terrace, IL 60181
1333 Corporate Dr. Suite 117 Irving,TX 75063
8400 E. Prentice Ave. Suite 1500 Greenwood Village, CO 80111
11601 Pellicano Dr., Ste. B-5 El Paso, TX 79936
50 Harrison St. Suite #310-G Hoboken, NJ 07030
8410 N. Sam Houston Pkwy W Houston, TX 77064
3635 Quakerbridge Road Suite #4 Mercerville, NJ 08619
5870 SW 8th Street Suite # 6 Miami, FL 33144
3470 Washington Drive Suite #206 Eagan, MN 55122
3102 West End Ave. Suite 400 Nashville, TN 37203
4334 Northwest Expressway Suite 242 Oklahoma City, OK 73116
1 International Plaza Suite 550 Philadelphia, PA 19113
1029 H St. Suite 102 Sacramento, CA 95814
2025 Gateway Place Suite #370 San Jose, CA 95110
10430-1 Pioneer Blvd. Santa Fe Springs, CA 90670
1100 Dexter Avenue N. Suite #100 Seattle, WA 98109
2605 Enterprise Road East Suite #250 Clearwater, FL 33759
5780 Timberlea Blvd. Suite #103 Mississauga, ON L4W4W8
310 Airport Road Suite #500 Williston, ND 58801
1100 Dexter Avenue N. Suite #100 Seattle, WA 98109
800-872-7484
ALLEGIANT BUSINESS FINANCE
600 university st.ste#2328 seattle, WA(Washington), Seattle, Washington, 98101
(866) 377-0800
Liquid Capital of South Texas
11703 Huebner Rd, San Antonio, TX 78230, San Antonio, Texas, 78230
210.587.7267
Nationwide Transport Finance
2650 Lake Sahara Drive – Suite 200, Las Vegas, Nevada, 89117
(800) 624-3353
Robinson Factors, Incorporation
244 Fifth Avenue · Suite W226 , New York, New York , 10001
(212) 498-9756
Gibralter Business Capital
400 Skokie Blvd #375 Northbrook,, Northbrook, Illinois, 60062
(847) 272-9618
CarrierNet Group Financial
500 W 10th St, Sioux Falls, SD 57104, USA, Sioux Falls, South Dakota, 57104
(877) 747-2807
Graystone Capital (now SVBusiness Capital)
900 E Hamilton Ave #100,, Campbell, CA, 95008
(888) 370-7779
Merchant Factors
1441 Broadway, 22nd Floor New York, NY 10018
6750 North Andrew Ave, Suite 200 Fort Lauderdale FL 33309
(213) 347-0101
Diversified Transportation Finance
3100 Pinebrook Rd. Suite 2200, Park City, UT, 84098
(801) 821-0355
eCapital Freight Factoring
10100 W. Charleston Blvd Suite 220, Las Vegas, Nevada, 89135
800.705.1500
Universal Funding
16201 East Indiana Avenue Suite 2600, Spokane Valley, Washington, 99216
800.405.6035
Great Plains Transportation Services, Inc.
923 N State St, Fairmont, Minnesota, 56031
(800) 324-8214
Factoring Solutions
Suite 304, 320 - 12th Ave NE Calgary, AB, Canada T2E 1A4
5462 South Perimeter Drive Kelowna, BC, Canada V1W 5C6
403-452-6227
Accord Financial Group
3500 Boul De Maisonneuve O Suite 1510 Montreal, QC H3Z 3C1, Canada
800-231-2977
Stonebridge Financial Services
330 Franklin Rd, Suite 135A-592, Brentwood, Tennessee, 37027
(615) 661-8245
Liquid Capital
5734 Yonge St. Suite 400 North York, ON M2M 4E7
5525 N MacArthur Blvd Ste 625 Irving, TX 55038
1-844-228-0800
American Receivable Corporation
12655 N Central Expressway, STE 675 Dallas, Texas 75243
(800) 297-6652
