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Financing Rates at 0.69% to 1.59% Click Here For A Quote
Accounts Receivable Factoring is used by businesses to convert sales on credit terms for immediate cash flow. 1st Commercial Credit adopts a quick and simple approval process and expedites initial funding in 3 to 5 days.
1st Commercial Credit offers a variety of purchase order financing solutions to meet your trade financing needs. P.O. Funding is suitable for any wholesaler, reseller, importer or any company that buys and resells goods.
1st Commercial Credit offers credit facilities for buyers that need to extend payment terms to suppliers. A digital platform was designed for suppliers and buyers to approve and pay invoices online with optional early payment discounts.
1st Commercial Credit helps small business owners in Austin Texas by offering invoice factoring services, short term transactional funding, purchase order finance and many other forms of working capital solutions.
Austin, Texas, is one of the leading commerce hubs within the United States and has gained a well-deserved reputation as a technological center and is home to many of the world’s most recognized high-tech companies.
As a result, Austin supports a wide range of industries with varying degrees of technology and products. 1st Commercial Credit provides working capital for the complete supply chain network involved with the growing demand of the top 5 major industries the city of Austin is experiencing.
Receivable Financing Rates
Financing Rates at 0.69% to 1.59%
Austin, Texas, also known as “Silicon Hills,” is one of the nation’s leading providers of technological services. This is evidenced by the number of high-tech manufacturing companies located within the area, including Google, Hewlett-Packard and Apple. It is further evidenced by the number of aerospace and defense contractors located in the area, including such names as GE Aviation, BAE Systems and Textron Systems.
Austin also has thousands of employees engaged in creating digital media, which has resulted in the production of such shows as Austin City Limits. Several renewable energy and clean tech companies are also located in Austin. A number of these manufacture solar panels while others produce related items like inverters. Additionally, a number of Austin companies manufacture electric vehicles of various sizes.
The health and biology industries are also being transformed by both existing and emerging companies in Austin. Furthermore, Austin is known for its data management capabilities. Companies that operate data centers within the area include Cisco, IBM and Intel.