South Dakota is composed of fertile farmland, prairie, glacial lakes, and mountains. The Mount Rushmore state is known as a producer of hay, sunflowers, rye, honey, soybeans, corn, wheat, and cattle. With the Black Hills hosting Mount Rushmore, Custer State Park, and the Crazy Horse Memorial, South Dakota has a strong tourism industry. The state’s population nearly doubles during the Sturgis Motorcycle Rally. Finance is also important to South Dakota’s economy with Citibank relocating its credit card operations to Sioux Falls, taking advantage of a state banking law. Now, there are over 16,000 jobs in the sector within the metro Sioux Falls area. Capital One, Wells Fargo, and First Premier also moved their credit card operations to Sioux Falls.
Eagle Business Credit serves businesses across South Dakota, including those in Sioux Falls, Rapid City, and Pierre. Sioux Falls is the fastest growing metropolitan area in the state. Banking and health care make up the strongest sectors of Sioux Falls’ economy. Rapid Falls sees the government as a top employer, and the tourism industry is strong in Rapid Falls with its proximity to Mount Rushmore. Pierre is the capital city of the state.
Citibank runs its credit card operations from Sioux Falls. Citibank employs nearly 3,000 people in the city.
Daktronics is a company known for their electronic signs including scoreboards, billboards, and video displays. Daktronics is headquartered in Brookings and employs over 2,000 people.
Black Hills Corporation is an energy company providing electricity and natural gas to over 1.2 million people across eight different states. Black Hills is headquartered in Rapid City.
Working capital funding strategies ensure your business has the money it needs to meet payroll, pay suppliers, and cover overhead expenses. Our invoice factoring solutions provide immediate payment for your open invoices, so your company can keep growing. Cash flow constraints can slow or even stop your business. Eagle Business Credit partners with small business owners to provide a custom invoice factoring solution that can help your business ‘soar.’
Call us today and find out how easy it is to turn your unpaid invoices into funds you can use to grow tomorrow.