AR Financing for Downtown Saint Paul businesses
Minnesota's capital city office core on the Mississippi River bluff, where professional services, security firms and janitorial contractors serve state agencies, counties and corporate tenants that pay through formal procurement cycles. National Invoice Factoring provides accounts receivable financing to companies operating in Downtown Saint Paul, advancing 80%–95% of invoice value so payroll, materials and growth aren't gated by your customers' payment terms.
Government Contractors is among the sectors most active here, and it is a textbook case for AR financing: customers pay in 30–90 days from federal, state and local agencies, while wages and suppliers do not wait. Government receivables financing advances against approved agency invoices, with Assignment of Claims support.
We work across St. Paul and the rest of Minnesota, so a facility set up for your Downtown Saint Paul operation covers additional locations without a new application.
How it works in Downtown Saint Paul
- 1.Deliver and invoice. You complete the work or ship the goods and invoice your customer as usual.
- 2.Submit the invoice. Upload invoices through our portal. We verify them with your customer.
- 3.Receive your advance. We wire 80%–95% of the invoice value to your account, typically within 24 hours.
- 4.Get the rebate. When your customer pays, we release the remaining balance minus our fee.
Why Downtown Saint Paul companies choose National Invoice Factoring
- No real-estate collateral or personal-asset pledges required
- Facility grows automatically as your sales grow
- Approval based on your customers' credit, not just yours
- Recourse and non-recourse options
- Credit checks and collections support included
- Doesn't add long-term debt to your balance sheet
Who qualifies
- You sell to other businesses or government agencies (B2B / B2G)
- Invoices are for completed work or delivered goods
- Customers have reasonable commercial credit
- No unresolved tax liens that prevent a first-position UCC filing
What Downtown Saint Paul businesses need to apply
Applying takes about ten minutes. Most Downtown Saint Paul companies already have everything on this list, and nothing here affects your personal credit score.
- An accounts receivable aging report
- A sample invoice and the matching purchase order or contract
- A list of the customers you want to finance
- Articles of incorporation and your EIN
- A voided business check and photo ID for each owner
