Guide to Texas Factoring Companies

Locate a Texas factoring company to receive the personal touch

Use local factoring companies. Texas based companies will provide more personalized service for your Texas business factoring than national companies.

I recommend: New Century Financial, founded in 1985, caters to small and medium businesses. It guarantees 24-hour funding and is located in Houston, TX. Allied Capital Direct, founded in 1992, caters to businesses that don’t qualify for bank financing. It is located in Dallas, TX.

Look for reliable online factoring companies that can handle your Texas AR factoring

When looking at online factoring companies you need to look at its history and the ease of approval by the factoring company. Also, take into consideration the rates the company charges for handling your Texas accounts receivable (AR) factoring.

I recommend: Alliance One has account executives who have been in the finance business for more than 30 years. It specializes in factoring to small and mid-size businesses. Crestmark Commercial Capital Lending, LLC has been in business since 1991 and provides factoring to every size business.

Find a national company that can handle your Texas invoice financing

Even though local Texas factoring companies may provide more personalized service, there are some excellent national companies that can handle your Texas receivables financing.

I recommend: Commercial Capital LLC has representatives in every state and offers factoring to small and mid-size businesses. It has rates as low as 1.5% and advances as high as 90%. ONAN Commercial Lending is a division of ONAN Capital Holdings, Inc and provides financing to small and medium sized businesses nationwide.