Alabama, the 22nd state to join the United States, has a growing economy across diverse sectors. Historically engaged with agriculture, railway transportation, coal and steel, the Heart of Dixie’s economy has shifted to rely on manufacturing and technology. Producing one quarter of all passenger vehicles in the South, Alabama is home to crucial Mercedes, Honda, and Hyundai plants. With the building of the Saturn V in the peak of the Space Race, Alabama’s aerospace facilities were instrumental in getting man on the Moon. The downtown area of Birmingham has seen a 40% residential growth, restoration of historic buildings, and entrepreneurship exploding in the service and information sectors. Still, its rich black soil and established transportation infrastructure leads Alabama to be an important player in agricultural processing and shipping.
Eagle Business Credit serves businesses across Alabama, including those in Birmingham, Huntsville, and Montgomery. Alabama boasts a booming aerospace hub in Huntsville, a decades-long revival in Birmingham increasing business tax revenue by more than $16 million, and Hyundai’s first North American manufacturing plant located in Montgomery.
Huntsville, home of the U.S. Space and Rocket Center, is aptly recognized as the nation’s top metropolitan area in aerospace and defense with Boeing Co. bringing $2.3 billion annually to the Alabama economy and Marshall Space Flight Center serving as the third largest employer in the state.
Montgomery, the capital of the state, is home to Hyundai’s first North American manufacturing plant, employing more than 3,000 Alabamans.
The Honda manufacturing plant in Lincoln, Alabama employs more than 4,000 people and recently expanded its 4.2 million square foot facility by 400,000 square feet.
Here’s how it works. Your company sells Eagle Business your accounts receivable. We pay you up to 90% of the invoice value. You’re now free to sell without cash flow constraint or waiting to be paid by your customer. Accounts receivable funding takes the stress out of doing business. Cover your business expenses and quit waiting to get paid.
Call us today and find out how easy it is to turn your unpaid invoices into funds you can use to grow tomorrow.