Cornerstone Funding, LLC
Financial ServicesTexas, United States2-10 Employees
Cornerstone Funding, LLC is a financial services company based in Midland, Texas. It offers invoice factoring, purchasing client invoices so they can receive immediate cash. A qualified client can obtain an advance of up to 90% of the invoice's gross amount, with the remaining 10% held as a reserve and released after payment, less the factoring fee. Factoring is used to support growth and expansion by providing cash for equipment purchases, payroll, fuel, supplies, maintenance, and insurance costs. This option targets startups and established businesses that do not qualify for traditional bank loans, enabling growth without debt and allowing owners to retain ownership by avoiding outside investors.