New Century Financial Email Format
Financial ServicesTexas, United States11-50 Employees
New Century Financial is a Houston-based private financial services organization founded in 1985 and located in The Woodlands, Texas. It serves privately held businesses through its factoring arm and a private equity unit. The factoring operation provides financing across the United States by purchasing accounts receivable at a discount and by making loans for equipment and working capital. The company offers Just-In-Time cash advances up to 90% of the original invoice, allows funding of as much as needed, lets clients choose which invoices to fund, and provides a streamlined approval process with no term contracts or hidden fees. Industries served include Manufacturing, Oil and Gas, Distribution, Staffing, Service, Technology, Energy, and Transportation. As of the latest data, the company has 11-50 employees, revenue in the $10–$25 million range, and funding of $8.7 million.