Benefits of Alternative Funding for the Hospitality Industry
Hospitality is a multi-billion dollar industry that continues to grow every year. If you have a business in…
Minneapolis, Minnesota
Invoice Factoring Office
Financing solutions tailored to your cash flow needs. We provide receivable-based funding solutions that get you paid faster in Minneapolis, Minnesota, North Dakota & South Dakota.
The Riviera Finance Minneapolis office provides financing solutions and invoice factoring services to companies in Minneapolis, Minnesota, Williston, North Dakota & South Dakota.
Location
724 Bielenberg Drive
Suite 11
Woodbury, MN 55125
Working Capital to Fund Your Business Forward
Riviera Finance offers working capital to help your business fund growth projects or manage everyday expenses in Minneapolis, Minnesota, North Dakota & South Dakota. Our team of financial professionals is ready to help you with the following types of services:
Local New Business Support Team
The Riviera Advantage
Non-Recourse
We take the credit risk on all the invoices we factor
Flexible
You select which invoices to factor
Personal Service
Dedicated account team with direct contact
Get Started
Complete the form for a Free Consultation.
About Our Minneapolis Factoring Office
Our Minneapolis Operations and Sales Office is located in the Reserve Shared Workspace just off of Interstate 494 and just south of Interstate 94 in Woodbury, Minnesota. Downtown St. Paul is 8.8 miles West.
Nearby Points of Interest: Minnesota Transportation Museum, City of Baseball Museum and The Mighty Mississippi River at Indian Mounds Regional Park.
Minneapolis Invoice Factoring Resources:
Invoice factoring is an alternative financing method in which businesses sell outstanding customer invoices to a third party company, known as a factoring company, in exchange for a cash advance. Invoice factoring helps businesses turn unpaid invoices into working capital and boost cash flow in as little as 24 hours. Here are some resources to help you better understand invoice factoring, how it works and determine if it’s a good solution for your business.
Recent Businesses Served
MINNEAPOLIS
Trucking Company
Factoring Line
$100,000
Trucking Company – Minneapolis
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This truck driver had been working for someone else in the transportation business for years. Since they had many contacts with direct shippers, they realized they had a great opportunity to start their own company. They began the business with two owner-operators and some of their own rigs. They were stuck at five trucks for several months while they got their insurance to accept their growth plans. With the help of Riviera’s factoring services, they were able to meet their insurance premiums on time and begin to focus on growing the business.
MINNEAPOLIS
Employee Placement
Factoring Line
$150,000
Employee Placement – Minneapolis
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This start-up business had just placed its first two employees with a firm which had 60 days to pay. Being a start-up, they needed the cash flow immediately for operating expenses. Riviera quickly approved and funded the account to get this new business running smoothly.
MARCELLUS SHALE FORMATION
Equipment Manufacturer in the Oil & Gas Industry
Factoring Line
$1,000,000
Equipment Manufacturer in the Oil & Gas Industry – Minneapolis
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Another Riviera client referred this company because they had a line of credit with their local bank which was fully utilized and they needed additional capital in order to take on further opportunities. This company builds oil & gas production equipment and their list of customers was growing. Riviera was able to quickly work out a subordination agreement with the bank and get the client funded so that they could continue to fund their growing orders.
Our Process
STEP 1
Apply
Complete form & become a Riviera client
STEP 2
Service
You deliver your products or services
STEP 3
Send
Send your invoices to Riviera Finance
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