In a city this dynamic, it is no surprise that our San Antonio factoring company is a favored alternative form of business funding.

Industries in San Antonio That Use Accounts Receivable Factoring

Many B2B industries count on an invoice factoring company to speed up cash flow. Some of the industries in San Antonio that benefit the most include:

San Antonio, TX
  • Transportation and freight industry
  • Staffing industry
  • Oil and gas industry
  • Manufacturing industry
  • Security guard industry
  • Service and consulting industry

Invoice Factoring Process

Invoice factoring is a financial product where your business can sell unpaid invoices to an accounts receivable factoring company at a discount. It then becomes their responsibility to collect payment for the outstanding amounts.

In its entirety, the process is made up of six steps:

  1. You make a sale and issue invoices due in 30 to 90 days.
  2. Set up an account with a factoring company.
  3. Sell your invoices to the factor.
  4. The receivables factoring company provides a cash advance based on a percentage of the value of the invoice.
  5. The debtor pays the factor.
  6. The invoice amount, less the fees and amount advanced, is wired to your bank account.

About San Antonio

San Antonio is part of the larger San Antonio-New Braunfels metropolitan area which, in 2019, had an estimated population of over 2.5 million. After cities like New York and Los Angeles, San Antonio is the 7th largest city in the United States, with a population of almost 1,6 million residents.

These residents bring diverse cultural influences– Mexican, Tejano, German, Irish, Czechoslovakian and more – that forms a dynamic union that makes the city shine.


While San Antonio summers are hot and oppressive, the winters are short and cool. Temperatures typically vary from 43°F to 96°F, rarely below 31°F or above 101°F. It is partly cloudy all year round.


The vicinity called Yanaguana, meaning “refreshing waters,”, was originally inhabited by Payaya Indians.

Spanish explorers found the Payaya settlement on June 13, 1691. They chose the name “San Antonio” as the date was the feast day of St. Anthony of Padua. Eventually, a Spanish expedition from Mexico built the Mission San Antonio de Valero, and in 1718 Father Antonio Olivares performed the founding of the city.

In due course, the Presidio San Antonio de Bexar (fort) and the Acequia Madre de Valero (agricultural irrigation canal) were completed. Settlers arrived from the Canary Islands in 1731 and established the town of San Fernando de Béxar near the presidio. Between 1738 and 1750, the San Fernando Cathedral was built – and it is still the heart of Catholic religion in San Antonio with 5,000+ service attendees per weekend.

The deadliest battle in Texas history, the Battle of Medina, occurred in 1813, as part of the Mexican War of Independence (1810 – 1821) against Spanish authority in Mexico. By 1821, San Antonio was part of the Mexican Empire.

The Texas Revolution began in October 1835 when American settlers and the Mexican government clashed. Pivotal to the revolution was the Battle of the Alamo close to San Antonio. For the next 10 years, battles arose as Mexico and Texas vied for occupation and management of San Antonio. In 1845 San Antonio became part of the new state of Texas.

During both World Wars, San Antonio was a major military center which influenced its economy in ensuing decades.

The 1968 HemisFair exposition commemorated the city’s 250th anniversary while also celebrating San Antonio’s cultural ties with Latin America. From 1981 to 1989, Henry Cisneros served as the city’s first Hispanic mayor since the mid-19th century.


San Antonio’s economy is as diverse as its people – from healthcare and bioscience to aerospace, IT, and cybersecurity.

True to San Antonio’s military history, its defense industry employs more than 89,000 individuals, providing a $5.25 billion impact to the city’s economy. With one of the largest concentrations of military bases in the U.S., San Antonio is nicknamed “Military City, USA.”

Business Resources

The San Antonio Chamber of Commerce is an advocate for all of our members and the business community in building and sustaining a diverse and prosperous economy.

The City of San Antonio’s Economic Development Department has various programs for small business owners.

SCORE San Antonio helps small business professionals start, develop, and grow businesses.

Small Business Administration (SBA) in San Antonio helps small business owners and entrepreneurs confidently start, grow, expand, or recover by providing counseling, capital, and contracting expertise.

Launch SA is a partnership between the City of San Antonio and LiftFund to provide entrepreneurs at all stages direction, education, mentorship, and community through our network of support.

As a leading San Antonio invoice factoring company, Charter Capital has experience in just about every commercial industry. For more information on our factoring solutions for your business, contact us without delay.

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