Information for the city of Philadelphia
Philadelphia, the largest city in Pennsylvania, is located in the southeast part of the state at the junction of the Schuylkill and Delaware Rivers. It is coextensive with Philadelphia County.Philadelphia, the City of Brotherly Love, was settled in 1681 by Capt. William Markham, who, with a small band of colonists, had been sent out by his cousin, William Penn. Penn arrived the following year with the intention of creating a refuge for the Quakers.In the period before the American Revolution, the city outstripped all others in the colonies in education, arts, science, industry, and commerce.
In 1774 1776, the First and Second Continental Congresses met in Philadelphia, and, from 1781 1783, the city was the capital of the United States under the Articles of Confederation. In 1790, it became the nation's capital under the Constitution and remained so until the seat of the federal government moved to Washington in 1800.Within a half century of the founding of the nation at Independence Hall, Philadelphia had emerged as a leader in America's Industrial Revolution. Today the steam locomotives and hat factories of the 19th century have been replaced by diverse manufacturing specialties such as chemicals (including pharmaceuticals), medical devices, transportation equipment, and printing and publishing. In the services sector, Philadelphia leads in subsectors such as health services, insurance carriers, legal services, and architecture and engineering services.
Philadelphia is also home to branches of the U.S. Mint, the Federal Reserve System, and the Internal Revenue Service.The city's harbor, one of the largest freshwater ports in the world, is the centerpiece of the AmeriPort facility in south Philadelphia, a major shipping center with rail links to the Midwest and Canada.The city abounds in landmarks of early American history, including Independence Hall, where the Declaration of Independence was signed, and the Liberty Bell. Other significant tourist attractions are the Philadelphia Museum of Art, the Franklin Institute Science Museum, and the Philadelphia Zoological Gardens.
Information for the state of Pennsylvania
Iron smelting, made possible by abundant supplies of ore and of hardwoods for the furnaces, became important in the 18th cent. In the 19th cent., after the Bessemer process made the use of its great bituminous deposits economical, Pennsylvania quickly emerged as the nation's leading steel producer, but the industry has since declined dramatically. Another Pennsylvania resource, anthracite coal, found in the northeast, long made the state a dominant force in American railroading. In the early 21st cent., shale gas has driven a drilling boom in N and W Pennsylvania.
Heavy industry has declined in general, but the state still manufactures metal products, transportation equipment, foodstuffs, machinery, chemicals, and a wide variety of plastic, rubber, stone, clay, and glass products. Agriculture is concentrated in the fertile counties of the southeast, and prized farmlands lie in the Great Appalachian Valley, rich with limestone soils; here the Pennsylvania Dutch farmer built a culture that is identified with the bountiful agrarian life. Principal agricultural products include dairy products, cattle, hay, corn, wheat, oats, mushrooms, poultry, potatoes, and fruit.
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Pennsylvania Invoice Factoring Company
Before making your final decision and entering into a Invoice Factoring agreement, check out the fees applicable and the terms of the contract. Both of these can vary a lot, depending on the Invoice Factoring company and the industry it is serving. -Pennsylvania Invoice Factoring Company
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Pennsylvania Invoice Factoring Company Articles
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The Best Kept Secret in Financial Services: Freight Bill Invoice Factoring!
If you’re an existing owner of a trucking business, or perhaps you’re planning on starting a trucking business, then you may be interested in Freight Bill Invoice Factoring. Freight Bill Invoice Factoring helps trucking businesses, both large and small, achieve their overall business goals; but before making any final decision you must fully understand how Invoice Factoring works.
Freight Bill Invoice Factoring has become very popular with trucking businesses and is often referred to as the financial backbone of the trucking business. If you’re not familiar with Freight Bill Invoice Factoring, you may not know that Invoice Factoring is a financing alternative for business owners: it gives them immediate access to additional financing capital they may otherwise not have access to. The process of Freight Bill Invoice Factoring is actually quite straightforward: it involves a Invoice Factoring company purchasing bill of ladings at a discounted rate. This process is a win-win situation for both the trucking company who receives immediate funds and for the broker who pays for the invoices.
Freight Bill Invoice Factoring Is Not New!
Freight bill Invoice Factoring is not a new idea; in fact, it has a long, rich tradition. Most civilizations that have engaged in commerce have also engaged in Invoice Factoring in one form or another. For example, business relationships during the colonial period in North America were required to make cash payments in advance against Accounts Receivable in order for the business to continue with its commercial operations, prior to their users being paid for their goods. So, they were engaged in Invoice Factoring!
Invoice Factoring Specialists Have Many Services to Offer
Of course, Invoice Factoring has become a lot more sophisticated over the years, and today it’s focused on financial management, credit worthiness, and on collections. However, the basic concept of purchasing Accounts Receivable has stayed the same. In addition, the modern Invoice Factoring company of today can do a lot more than just funding: a Invoice Factoring specialist can assist clients by evaluating and setting credit limits, verifying customer’s credit worthiness, and professionally managing Accounts Receivable collections. Right across North America we see Invoice Factoring companies existing in all forms and serving business sectors and industries of all types; and today, many large financial institutions even have their own Invoice Factoring divisions. Generally, though, Invoice Factoring companies are smaller, independently owned enterprises.
Banks Step Out as Invoice Factoring Steps In
Invoice Factoring has become very popular with trucking businesses because, as most business owners can verify, commercial lenders have become increasingly inflexible, with stricter regulations and ever-changing lending criteria. This inflexibility has forced both small and medium sized businesses to search for alternative financing sources, and this is where Invoice Factoring has stepped in. Invoice Factoring is a simple, workable, solution-based process, providing an alternative for trucking businesses when traditional means of financing are not available. Invoice Factoring is proving to be a great financial remedy, particularly as banks and other lenders are becoming less friendly to small business owners.
Invoice Factoring Companies Operate Worldwide
The volume of Invoice Factoring around the world has today exceeded the trillion-dollar mark! Invoice Factoring companies operate on every continent and, in the last four years, worldwide Invoice Factoring transactions have increased by 60%. And that’s why we say that Freight Bill Invoice Factoring is the best kept secret in financial services!
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