New Century Financial ("NCF") was founded in 1985 and has grown over the years into an innovative Houston- based private financial-services organization, servicing privately-held businesses through a major factoring company and a private equity firm. The factoring arm provides financing for businesses across the U.S. through the purchase of accounts receivable at a discount, and making loans for equipment and working capital. Competitive pricing, individualized client assistance, and innovative financial solutions are combined to accomplish its mission.