Commonwealth Capital, a Minnesota-based provider of invoice factoring, today announced it has provided a $80,000 factoring facility to a growing provider of information technology. The Company, based in Minneapolis, serves large corporations, as well as government entities. The working capital generated from factoring will allow the company to stay current with its vendors and payroll […]
Helped by a growing construction industry, the unemployment rate in Minnesota hit a low last seen almost six years ago, in December 2007. In the past year the unemployment rate has fallen from 5.6% to 4.8% in Minnesota. That is much better than the national unemployment rate which is hovering around 7.3%.
The logging and mining […]
On Wednesday, November 27th at 6:00 pm we will be attending the Burnsville Community Foundation’s 15th Annual Winter Lighting Event. At Commonwealth Capital we are please to be able to support this event and the joy it brings to many throughout Burnsville. We also love that many people throughout Minneapolis and Saint Paul are able […]
One of our clients was recently featured in an article in the Star Tribune about local bakeries. The article neglected to mention that this bakery has been able to get their business funded by factoring their commercial receivables. We were there to fund their first commercial invoices when they had been turned down by banks, […]
Commonwealth Capital, LLC, a leading provider of invoice factoring to businesses in the Upper Midwest, today announced that it has provided a $200,000 factoring facility to a Minnesota-based commercial construction subcontractor.
Company Description and Needs
The minority, woman-owned, startup commercial construction subcontractor was in need of additional working capital to grow their business. The Company is well-positioned […]
Factoring facility to be used for growth
Commonwealth Capital, LLC, a leading provider of invoice factoring to businesses in the Upper Midwest, today announced that it has provided a $10,000 factoring facility to a Minnesota-based commercial bakery.
The bakery had recently started selling to commercial accounts, and was in need of a temporary solution as they applied […]
We had an wonderful time today at Brookview Golf Course. The weather was great, the golfers were having fun, and we were able to meet some people.
Thanks to the RMA Minnesota and MNCPA for hosting.
