Goodman Capital Finance

What Goodman Capital Finance does

Goodman Capital Finance, headquartered in Dallas, Texas and founded in 1972 (originally as Goodman Factors), is a privately-held US specialty lender that provides working-capital financing to small and mid-sized businesses that cannot readily access standard bank credit. The firm operates two core products: invoice factoring, where it purchases client receivables at a discount for up to a 90% advance and assumes collections, and asset-based lending, a revolving credit facility secured by accounts receivable, balance sheet assets, and inventory, introduced in 2018 after the firm hired former Wells Fargo Business Credit executives. The platform runs on the third-party ProfitStars client portal (by Jack Henry) for AR submission, account management, and funding status, supported by inside and field sales teams across offices in Dallas, Austin, Chicago, and Charlotte.

The company monetizes through transaction-based fees on factored volume and interest/fees on drawn ABL balances, with quote-based pricing ranging from $10,000 to $10,000,000 per month of funding per client. Origination mixes direct sales, an online application flow, and a referral channel of bankers, brokers, CPAs, and attorneys paid lifetime deal economics. The firm is a wholly-owned subsidiary of Memphis-based Independent Bank following a 2014 acquisition, after rebranding from Goodman Factors to Goodman Capital Finance in 2019 to reflect the broader product set.

It serves primarily staffing, manufacturing, distribution, apparel/consumer goods, oilfield services, transportation, business services, and government contractors, with sector expertise (e.g., payroll factoring for staffing) anchored by a senior team that averages over a decade of tenure. Customer signals point to long-tenured SMB relationships — disclosed testimonials cite 10-20+ year client tenures — and the firm claims over $10B cumulative funding since inception and an A+ BBB rating as evidence of institutional durability.

Name

Goodman Capital Finance

Legal name

Goodman Capital Finance

Website

https://goodmancapitalfinance.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

11–50 employees

Short description

Goodman Capital Finance is a Dallas-based, privately-held US specialty lender founded in 1972 that provides invoice factoring and asset-based lending to small and mid-sized businesses nationwide that need working-capital financing outside of traditional bank credit.

Ownership category

akta.pro rank

Product category

Specialty / Alternative Lending (Invoice Factoring and Asset-based Lending)

NAICS

Other Nondepository Credit Intermediation (52229)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Receivables Finance (Factoring, Invoice Discounting, Forfaiting) (FSABAHAD)

Keywords

• Invoice factoring services
• Asset-based lending
• Working capital financing
• Accounts receivable funding
• Alternative business lending

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Invoice Factoring Fees: Revenue generated from fees charged on accounts receivable factored. Companies sell unpaid invoices at a discount and receive up to 90% advance immediately. The company collects from the debtor and any remaining balance (minus fees) is returned to the client.
2. Asset-Based Lending Interest and Fees: Revolving lines of credit secured by collateral (accounts receivable, balance sheet assets, inventory). Revenue from interest and fees on the credit facility.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Goodman Capital Finance is a specialty lender that provides alternative working-capital financing to U.S. businesses generating $10,000 to $10,000,000 per month. Its two primary products are Invoice Factoring—where clients sell unpaid accounts receivable at a discount and receive up to 90% advance immediately—and Asset-based Lending, which provides revolving credit lines secured by accounts receivable, inventory, and balance sheet assets. A specialized variant, Payroll Factoring, funds staffing-agency payroll obligations against receivables.

Product overview

Goodman Capital Finance offers a unified portfolio of alternative lending solutions centered around two core products: Invoice Factoring and Asset-based Lending. Invoice Factoring enables businesses to sell accounts receivable at a discount for immediate cash (up to 90% advance), while Asset-based Lending provides revolving credit lines secured by collateral (AR, inventory, balance sheet assets). Payroll Factoring serves as a specialized variant of invoice factoring specifically designed for staffing agencies to fund payroll expenses. The company positions these as debt-free financing alternatives for businesses that do not qualify for standard bank loans, serving industries including staffing, transportation, manufacturing, distribution, and oil field services.

Differentiator

Problem solved

Functional benefit

Products and services

• Invoice Factoring Sale of accounts receivable at a discount where Goodman pays the business up to 90% of the invoice amount immediately after the invoice is sent, then collects from the customer; no application fee, no hidden fees, and a guaranteed 24-hour approval process. Designed for U.S. businesses with $10,000–$10,000,000 in monthly revenue that need to accelerate cash flow and avoid taking on additional debt.
• Asset-based Lending Revolving line of credit secured by collateral including accounts receivable, balance sheet assets, and inventory, with maximum borrowing capacity that increases as the borrower's business succeeds. Designed for U.S. businesses needing flexible working capital with accessible collateral and growth-scaled credit limits.
• Payroll Factoring Specialized form of invoice factoring designed for staffing agencies, used to fund payroll expenses so businesses can meet payroll obligations while waiting for customer payments. Targeted at temporary employment agencies, recruiting firms, and staffing companies.

Quantifiable outcome

• Up to 90% of invoice amount advanced same day
• +2 more outcomes

Named customers2 records

Segments8 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Emerging players

• Fundbox: Emerging fintech providing working capital solutions including invoice-based lending to SMBs; represents the digital disruption to traditional factors like Goodman.
• BlueVine: Tech-enabled fintech offering invoice factoring and lines of credit to SMBs; competes with Goodman on speed and digital experience but with different GTM (digital-first vs relationship-led).

Broad incumbents

• White Oak Commercial Finance: Established ABL and factoring player serving middle-market and SMB clients; broader portfolio of asset-based lending solutions overlapping with Goodman's ABL expansion.
• Wells Fargo Capital Finance: Large incumbent in ABL and factoring as part of Wells Fargo's commercial banking portfolio; Goodman's ABL platform (built by former Wells Fargo Business Credit execs) directly mirrors this institutional model.

Direct peers

• Crest Capital: Direct SMB invoice factoring competitor with similar funding ranges and verticals including staffing, manufacturing, and distribution — directly comparable business model.
• Riviera Finance: Direct competitor in traditional invoice factoring serving SMBs across the US with similar client profiles, advance rates, and relationship-driven service model.
• Triumph Business Capital: Direct factoring and ABL competitor focused on transportation and SMB industries, overlapping significantly with Goodman's transportation, staffing, and distribution verticals.
• LSQ: Direct ABL and invoice factoring competitor serving mid-market and SMB clients with comparable funding solutions and technology-enabled account management.
• eCapital: Direct peer in factoring and ABL with similar SMB and mid-market focus, offering invoice factoring, asset-based lending, and working capital solutions to overlapping verticals.
• TCI Business Capital: Direct factoring competitor focused on staffing, transportation, and SMB verticals — substantially overlapping client base and funding range with Goodman Capital Finance.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/goodmancapitalfinance
• LinkedInlinkedin.com/company/goodmancapitalfinance

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Goodman Capital Finance