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Invoice Factoring Companies In St. Paul, MN
St. Paul, Minnesota is a large city in Minnesota. It is the second most populated city in the state, with a population of over 300,000 people. Are you one of the many small business owners that make up St. Paul. If so, you’re probably constantly looking for ways to finance your business. Invoice factoring is a unique type of financing that allows you to sell your unpaid invoices to a factoring service. They give you upfront capital and then collect the invoice at a later date. It’s way easier to factor your invoices than to get a traditional loan. Here are some of the best invoice factoring companies currently servicing businesses in St. Paul, Minnesota.
TCI Business Capital
TCI Business Capital is one of the largest factoring services in the nation. They are based close to St. Paul in Burnsville, Minnesota. They can help you no matter what industry your business operates in. They’re a great choice for someone looking for a local provider with a wealth of experience.
Commonwealth Capital
Commonwealth Capital is another large factoring service that has clients in St. Paul. Their main office is located in Minneapolis, Minnesota. They’re able to get their clients funding within 24 hours of invoice approval. They specialize in helping small businesses grow their funding streams. You can receive a quote through their website.
Great Plains Transportation Services (GPTS)
Great Plains Transportation Services is a factoring service located near St. Paul in Fairmont, Minnesota. They work exclusively with freight companies. If you don’t fall into this category you will not be eligible to receive their services. For those who do, they have years of experience helping their clients attain proper funding.
Verdict
If you want a local partner, any of the companies listed on this page are headquartered in close proximity to St. Paul. GPTS is only available to freight companies. TCI Capital is one of the factoring community’s industry leaders – they’re a great choice for any business.
