They purchased the lower half of a 2,214-acre area and ran their first advertisement for Houston four days later, naming the town after President Sam Houston. History of HoustonĪccording to historians, in 1836, the Allen brothers, Augustus Chapman and John Kirby explored options for town sites on Buffalo Bayou and Galveston Bay. These wonders attract more than 7 million people each year. Multiple museums, galleries, cultural exhibitions, visual art shows, and performing art shows can be found in the Museum District and Theatre District. Its numerous cultural institutions and exhibits add to the attraction of the beautiful city. Houston’s diverse metropolitan population has given the city many widely-used nicknames, including Bayou City, Space City, H-Town, and The 713. Houston’s current population is estimated at 2.32 million, up 220,000 people since the 2010 census. About Houstonįounded in 1836, Houston is the fourth-most populous city in the United States – 6th in North America – and is the most populous city in Texas. Invoice factoring services allow businesses to immediately reinvest their money back into the business rather than having money tied up in unpaid invoices. Get your money advanced – usually on the same day.Submit unpaid invoices to an Invoice Factoring Company.Invoice your customers like you usually do.When approved – usually within 24 hours – the invoice factoring company pays you the invoice amount less a small fee. Invoice factoring involves a business selling their outstanding invoices in their accounts receivable to an invoice factoring company. Invoice factoring allows companies to get their invoices paid within 24-48 hours rather than having to wait the typical 30-120 days for clients to pay the invoice. Here are just some of the industries that use invoice factoring services: Industries in Houston that Use Accounts Receivable FactoringĪ wide array of industries in Houston take advantage of the benefits of invoice factoring or accounts receivable factoring. Many industries use invoice factoring to eliminate the common waiting period for customer payments and immediately put the money towards growing their businesses. It involves selling an unpaid invoice to the factoring company which then advances you the invoice amount less a transaction fee. One of the most helpful resources for local Houston businesses is invoice factoring (or accounts receivable factoring) services that are offered by dedicated factoring companies in Houston, like Charter Capital USA.īusinesses can benefit from invoice factoring, an alternative type of financing that eliminates many of the roadblocks associated with traditional bank loans. This metropolis offers various resources aimed at supporting small business entrepreneurs across several industries, from healthcare to energy. Houston, Texas, is one of the best cities in the United States to start a new business.
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