Power Funding, Ltd. - Market Research Report
Company Overview
Name and Mission
- Name: Power Funding, Ltd.
- Mission: To serve the cash flow and financial needs of businesses across the United States, providing high advances, same-day funding, free credit research, no start-up fees, and customized invoice factoring solutions.
Founding Details
- Founded: January 2001
- Founder: No information is available
Key People
- Dominique F. Villarreal - Solutions Facilitator
- Kelli Kimbrough - Portfolio Advisor, Houston, TX
- Britni Villarreal - Risk Management, Houston, TX
- Manny Quijas - Sr Sales Advisor, El Paso, TX
- Robin Corpuz - Accounting Lead, Houston, TX
- Steven Quijas - Portfolio Specialist, El Paso, TX
- Audrey Sanders - Accounting Division, Tyler, TX
- Susan Drake - Portfolio Specialist, Houston, TX
- Crystal Casellas - Portfolio Specialist, Houston, TX
- Nasha Sanders - Risk Management, Houston, TX
- Elissa Moore - Accounting Division, Houston, TX
- More key personnel mentioned in the data.
Headquarters
- Location: Houston, TX
Number of Employees
- No information is available
Revenue
- No information is available
Known For
- Specialization: Invoice factoring, oilfield funding, transportation factoring across the United States, providing services to industries like trucking, agriculture, oilfield, and more.
Products
Invoice Factoring Services
High-Level Description
Power Funding specializes in purchasing accounts receivable for immediate cash, providing businesses with the cash flow needed to operate smoothly without incurring debt. Their services enable businesses to grow by ensuring consistent cash flow.
Key Features
- High Advances: Up to 98% of the invoice amount.
- Same-Day Funding: Immediate cash advances.
- Free Credit Checks: 24/7 online credit checks available at no cost.
- No Start-Up Fees: Easy and straightforward application process.
- Customized Solutions: Tailored financing to meet industry-specific needs.
Industry-Specific Factoring
Trucking & Transportation Factoring
- Target Audience: Auto transport companies, couriers, freight brokers, general freight, hot shot trucking, local carriers, oil & gas transportation, OTR trucking, and more.
- Key Features: Fast application process, fuel advances, same-day payouts, no monthly minimums, up to $10 million max funding.
Agriculture Factoring
- Target Audience: Farmers, distributors, manufacturers.
- Key Features: Continuous funding each month, high advance rates, collections handling, payment processing, and logistics support.
Oil & Gas Factoring
- Target Audience: Abrasive blasters, dump trucks, frac sand haulers, hot shot haulers, oilfield trucking, welders, well drilling companies, and others.
- Key Features: Quick pay for oilfield receivables, funding within 24 hours, no debt involved, logistics management including collections and payment processing.
Recent Developments
New Products Launched
No information is available.
New Features Added to Existing Products
No information is available.
Partnerships
No information is available.
Conclusion
Power Funding, Ltd. is a leading player in the factoring industry, providing essential financial services to a wide array of businesses across the United States. Their broad range of specialized invoice factoring solutions allows companies in trucking, oilfield services, agriculture, and other sectors to maintain a stable cash flow without incurring debt, thus supporting business growth and operational efficiency.