Summer has started early in Texas. Our office has stayed busy as more companies from Dallas-Fort Worth and Austin have reached out to us for factoring. We have seen both start-up companies and established businesses that have turned to us.
In Austin, a ten year old security guard service was struggling with a burdensome MCA. Even though they were billing out over $200,000 a week, making the weekly payment to the MCA left the company with no money to take on additional contracts. We were able to quickly approve them and pay off their MCA. With the guidance from our credit department the security company is now focusing their growth on reliable customers.
That same week, our Dallas office was contacted by start-up staffing company. Their innovative website really provides Uber for staffing! The founders were confident in their business model, but as a startup they quickly went thru their working capital. Not wanting to sell off equity, they contacted our office for help. Working with our streamlined application, we were able to approve, and fund our new client in only 3 days! With our factoring service they are growing, adding new clients every week. What really surprised them is that they can download from their accounting program right to our portal, making factoring even easier.
Put American Receivable on your side, and always have the cash you need to grow! Call today or complete our quick online application form to find out how American Receivable can put your company on the road to success.