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Invoice Factoring Companies In Minneapolis, MN
Minneapolis is a city thriving with local business owners. The cold weather has done nothing to deter residents from moving to the city to try and start their own enterprises. Are you one of these business owners? You may be finding it hard to get the working capital you need to keep your business afloat. Instead of contacting a traditional lender, you should consider invoice factoring as a viable way of getting the cash you need. Invoice factoring companies will give you cash in exchange for the rights to collect your unpaid invoices. It allows you to completely avoid taking on debt! Here are some of the region’s best factoring services.
Commonwealth Capital
Commonwealth Capital are a local factoring service headquartered in Minnesota. They have everything you want in a local factoring service, they cater to almost any industry. They have 24-hour funding for existing clients and they also have a physical location where you can go and discuss the best ways to grow your business. This is one of the region’s best options in terms of factoring.
Great Plains Transportation Services
Great Plains Transportation Services is another Minnesota based factoring service with a large local client base. Unlike Commonwealth Capital, Great Plains Transportation Services only deals with clients who work in the freight and trucking industries. If you fall into these categories, this company is a great option.
TCI Business Capital
TCI Business Capital is a national factoring service that is headquartered in Minnesota. They have a wealth of experience with different industries and companies across the nation. They’re the perfect choice if you want a company that has experience helping any type of business. They can get you money within 24-hours of your application’s approval.
Verdict
Minneapolis has a large selection of factoring companies to choose from. TCI Business Capital and Commonwealth Capital are the best options to go with if you aren’t working in the freight industry. If you are, Great Plains Transportation Services is perfect.
