Viva Capital Funding, LLC, is ready to support your business goals and ease cash flow delays with fast, transparent funding solutions.
Industries That Use Factoring Financing in Texas
While factoring solutions are suitable for almost all B2B transactions, industries specific to Texas that most frequently use factoring financing include:
Being close to the Permian Basin, umpteen oilfield services companies operate in Texas. Oilfield factoring opens up cash flow for immediate reinvestment into the business rather than being tied up in unpaid invoices.
Transportation factoring is particularly prevalent in a state that has more miles of roads and rail than any other.
Healthcare, manufacturing, staffing, service providers, and many more appreciate that invoice factoring allows your invoices to be paid often within 24 hours, without waiting 30 to 120 days.
Invoice Factoring Companies in Texas
According to Business Insider, 82% of businesses fail due to cash flow problems. B2B businesses can overcome this with a short-term, debt-free solution offered by an invoice factoring company. With Texas invoice factoring, companies can access capital tied up in unpaid receivables, giving them the flexibility to grow and operate without disruption.
In contrast to a traditional bank loan that is tedious to get and comes with hard limits and interest, factoring companies let you take advantage of your accounts receivables for immediate working capital that is fast and flexible.
This is how simple the process is at Viva Capital Funding:
- You make a sale and issue invoices due in 30 to 90 days.
- Validate the credit of the customer with Viva Capital Funding, LLC.
- Fulfill the order for the authorized customer.
- Viva Capital buys and gives you cash for invoices.
- Let the Viva Capital accounts receivables experts take care of the collection process for you.
- Audit your invoices 24/7 with our Accounts Receivable Reporting.
Get a free quote now and discover how our factoring program can support your Texas business.
Texas’s diverse economy and large B2B sectors, from trucking to oilfield services, create steady demand for factoring as a cash flow tool across the state.
About Texas
Called the “Lone Star State” in honor of the flag that indicates it as a former independent republic, the state of Texas has been ruled by six countries over time – Spain, France, Mexico, the Republic of Texas, the Confederate States of America, and the United States.
Texas includes major cities such as Austin, Houston, San Antonio, Dallas, and El Paso. It is the second-largest state by area, covering 268,820 square miles, and is larger than any European country. It is also the second most populous state in the United States, with an estimated 29.2 million individuals calling it home. The appeal of a cost of living 6.1% lower than the rest of the country, a positive job market, and temperate weather have made Texas one of the fastest-growing states.
Texas’s Economy
Texas is synonymous with oil – and rightly so, as it produces almost 40% of America’s oil and 24% of the country’s natural gas. As well as Exxon Mobil Corporation, Valero Energy Corporation, Phillips 66, and ConocoPhillips headquarters, there are many associated enterprises, such as:
- Water and gravel haulers
- Fracking and trenching service providers
- Roustabout services, and more.
A real powerhouse of the United States, Texas is also the largest producer of wind power.
The adage that things are always bigger in Texas certainly applies to the amount of farmland. Texas is ranked number one in terms of land in farms with 127.0 million acres. No wonder the economy has been driven by agriculture. While livestock production is huge (Amarillo produces almost a quarter of all meat in the U.S.), the state is also a prolific harvester of citrus, corn, cotton, hay, peanuts, pecans, rice, sorghum, vegetables, and wheat. Texas also produces more than $13 billion worth of wine each year – now that’s something to toast!
Home to 50 Fortune 500 company HQs, Texas boasts:
- Top firms in technology, computers, electronics, and aerospace
- A civilian labor force of 14 million
- 10% of the nation’s total manufacturing output
- Nearly 1 million women-owned businesses (up 150% over the last 20 years)
Texas’s Business Resources
Business owners in Texas have numerous resources available to help them grow their businesses, connect through networks, or participate in mentorship programs. Here are some notable organizations:
Based in Austin, the Texas Economic Development Council (TEDC) is a non-profit association of professionals committed to the state-wide development of economic and employment opportunities. The members may be diverse, but they share a common goal – to bring new investment and jobs to Texas.
The Texas Association of Manufacturers advocates and defends a business environment that is pro-growth to ensure a robust manufacturing sector and a competitive Texas.
The Small Business Administration – Texas provides assistance and counseling to encourage the opening and growth of small businesses in order to boost the economy.
With over 20 years of experience funding a variety of businesses, Viva Capital Funding, LLC, is the top factoring company in Texas. Get in touch to find out how we can help you improve your cash flow and support your business aspirations.
FAQs About Factoring in Texas
What is invoice factoring and how does it work?
Invoice factoring is a financing solution where a business sells its unpaid invoices to a factoring company at a discount in exchange for immediate cash. Instead of waiting 30 to 90 days for customers to pay, you can receive a large portion of the invoice value upfront, often within 24 hours. The factoring company then collects payment directly from your customers.
This helps small and mid-sized businesses maintain healthy cash flow without taking on new debt or relying on bank loans.
Who can benefit from factoring services in Texas?
Factoring services are valuable for a wide range of industries, particularly those that experience long payment cycles or seasonal gaps in cash flow. Common users include:
- Transportation & freight companies – covering fuel, payroll, and maintenance.
- Oilfield service providers – supporting operations in the Permian Basin and beyond.
- Staffing agencies & healthcare providers – ensuring reliable payroll.
Manufacturing & service businesses – funding supplies and growth opportunities.
Is invoice factoring suitable for new businesses?
Yes. Factoring is accessible to startups and younger companies that may not qualify for traditional loans. Approval is based on your customers’ credit strength rather than your business credit. This makes factoring a smart option for entrepreneurs who need working capital to grow from day one.
Do I need good credit to qualify for factoring?
Not necessarily. Since factoring relies on the creditworthiness of your customers, even businesses with limited or less-than-perfect credit can qualify. This makes factoring a flexible financing tool for businesses at different stages.
How much of my invoice value will I receive upfront?
Most factoring companies advance between 80% and 95% of the invoice value. The remaining balance, minus a small fee, is released once your customer pays in full. Viva Capital offers competitive advance rates designed to maximize your immediate cash flow.
How quickly can I access funds through a factoring program?
Funding is fast—typically within 24 hours of submitting approved invoices, with same-day options available in some cases. This rapid turnaround lets businesses meet payroll, buy supplies, or seize growth opportunities without delay.
What is the difference between invoice factoring and invoice financing?
While both provide capital based on unpaid invoices, they differ in structure:
- Invoice factoring: The factoring company purchases your receivables and manages collection.
- Invoice financing: You borrow against your invoices and remain responsible for collecting payments.
Factoring is often simpler and reduces the administrative burden on your business.
Can I choose which invoices to factor?
Yes. Many factoring programs, including Viva Capital’s, are flexible. You can choose to factor only certain invoices or an entire portfolio. This allows businesses to control costs while still getting the cash they need.
What are the costs associated with factoring?
Factoring fees vary based on invoice size, industry, and customer credit quality. Typically, the cost is a small percentage of the invoice total. Unlike traditional loans, there are no hidden charges or long-term commitments, and the value of immediate cash flow often outweighs the fee.
Will my customers know I’m using a factoring company?
In most cases, yes, since payments are directed to the factoring company. However, reputable factoring firms like Viva Capital manage the process professionally to maintain strong customer relationships. Some specialized programs may also allow for non-notification factoring, depending on eligibility.
How can factoring support my payroll needs?
Payroll is one of the most common reasons businesses use factoring. By converting invoices into immediate cash, companies ensure they can consistently pay employees without relying on credit lines. This is especially helpful for staffing, construction, manufacturing, and logistics firms.
Do you provide factoring services to brokers?
Yes. Freight brokers and other intermediaries in the supply chain can also use factoring. This ensures steady cash flow for covering carrier payments, fuel advances, and other operational costs.
Is supply chain finance the same as factoring?
No. Supply chain finance typically helps buyers extend payment terms, while factoring helps suppliers accelerate cash flow. Both improve liquidity, but factoring is more commonly used by small to mid-sized businesses seeking immediate funds.
What makes Viva Capital one of the best factoring companies in Texas?
With over 20 years of experience, Viva Capital is one of the largest independent factoring companies serving businesses across the U.S. We offer:
- High advance rates
- Free credit checks on your customers
- Transparent terms with no hidden fees
- Personalized support across industries, unique to Texas
Our goal is to help businesses of all sizes unlock the cash flow they need to grow.