Invoice Factoring for Texas B2B Companies, by Industry
American Commercial Capital has factored invoices for Texas businesses from our Houston office since 2003. Most of our clients have the same problem: they do the work first, then wait 30 to 90 days for their customers to pay. Factoring closes that gap. We advance up to 80% of an approved invoice within 24 hours, collect from your customer, and pay you the balance, minus our fee, when the invoice is paid.
Every industry invoices a little differently. Here is who we work with and what matters in each.
Staffing Agencies
You pay your people every week. Your clients pay in 30, 60, or more days. The faster you grow, the bigger that gap gets. Factoring turns approved timesheets and invoices into payroll money, so winning a large new client doesn’t put your payroll at risk. We work with light industrial, clerical and office, professional and technical, and IT placement firms.
Trucking & Freight
Owner-operators and hot shot carriers pay for fuel, insurance, and truck payments today, while brokers and shippers pay on their own schedule. Approval is based on your broker’s or shipper’s credit, not your personal credit. No application fees and no long-term contracts.
Oilfield Services
Houston is home to the oilfield, and so are its payment terms. Service companies, equipment rental firms, and contractors supporting operators often wait 60 to 90 days, and invoices typically need approved field tickets before they’re paid. Factoring lets you fund crews, equipment, and fuel for the next job instead of waiting on the last one.
Manufacturing & Machine Shops
You buy material, run the job, ship the parts, and then wait. Factoring your invoices pays for material and payroll on the next order. We work with job shops, CNC and fabrication shops, injection molders, and contract manufacturers.
IT & Technical Consulting
Contract IT firms bill hourly to large companies with long payables cycles, while their consultants expect to be paid on time. Factoring keeps consultant payroll steady while your client’s accounts payable department does its work.
Is Factoring a Good Fit for Your Business?
Factoring usually works well if you:
- Sell to other businesses on payment terms
- Have customers with good payment histories
- Invoice for work that is already completed or products already delivered
Your own credit score matters less than your customers’ ability to pay, so most credit scores are accepted. Don’t see your industry above? If you invoice other businesses, call and ask. We factor for other industries too.
Bruce H. SmithCEOSafety Vision, LP