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Accounts-Receivable Financing
Financing Solutions for Companies in Need of Cash

Accounts-Receivable Financing

Accounts-Receivable Financing with TCI Business Capital

accounts-receivable financingAccounts-receivable financing provides immediate cash for businesses that otherwise wait weeks for their customers to pay their invoices. TCI Business Capital is a leading provider of companies that buy accounts receivables in the United States and Canada.

What is Accounts-Receivable Financing?

Accounts-receivable financing, also known as factoring, is the selling of accounts receivables, or invoices, to a third party for immediate cash. It’s a common form of financing businesses use to improve cash flow.

Programs are based on the credit and payment history of a business’s customers, not that of the business itself. This makes it ideal for companies that might not qualify for traditional financing, or those that don’t want to add new debt from bank loans or lines of credit.

Companies in a wide variety of industries use TCI Business Capital as an accounts-receivable factoring company. We’ll customize a financing program to fit the needs of most any business. Whatever your industry or situation, accounts-receivable financing can work for you.

Benefits of Accounts-Receivable Financing

  • Immediate cash availability
  • Based on customer’s credit, not yours
  • Alternative to traditional financing
  • Custom financing to fit your needs

Here’s how it works.

  1. Perform your work or service as you always do.
  2. Send your customer invoices to TCI Business Capital.
  3. TCI Business Capital sends the cash advance, generally the same day.
  4. TCI Business Capital handles the invoicing process with your customer.
  5. When your customer pays TCI Business Capital, we pay you the remaining balance on the invoice, less a small fee.

Choosing the Right Factoring Company

Every accounts-receivable financing company offers cash. What sets TCI Business Capital apart from the rest is our knowledge, experience and dedication to our customers.

TCI Business Capital works with clients across many industries, often with completely different billing requirements. We’re familiar with the work our clients perform, and our services meet the unique needs and situation of each and every client.

accounts-receivable financingWith TCI Business Capital:

  • Programs are customized to your needs
  • Financing is contingent on your customers credit and payment history, not your own
  • Lines are determined on your sales volume, not your company’s value
  • Programs can be used by companies in challenging financial situations

Reliable cash flow and professional customer service are at the core of every financing program TCI Business Capital offers. These essential services are our promise to you:

  • Dedicated relationship manager
  • Same-day funding on invoices
  • Electronic & EDI invoicing capability
  • 24/7 online reporting

Additional Factoring Services

Businesses of all types and sizes rely on accounts-receivable financing because it provides the cash they need to operate. TCI Business Capital also offers a number of free, value-added services which benefit clients.

  • Credit analysis and risk assessment. A prospective customer presents new opportunities, but do they bill their bills? TCI Business Capital offers credit histories and payment trends of potential customers, enabling our clients to take on new customers with confidence.
  • Treasury services, including online reporting. Cash when you need it is critical. TCI Business Capital funds clients via ACH deposit, wire transactions and will fund to third-party accounts by directive. We also offer online reporting which keep you informed of all transactions.
  • Collection expertise. Running a business isn’t an easy task. Clients stay focused on the task when TCI Business Capital handles the late invoice situations. Expertise, resolve and diplomacy are trademarks of the TCI Business Capital collections team.
  • Fuel cards & discounts. TCI Business Capital clients working in the transportation industry can take advantage of fuel cards and discounts, potentially saving thousands of dollars a year.

These services from TCI Business Capital are part of the foundation of our client’s success. Delivering top-quality service and supporting clients in their work is a TCI Business Capital value.

Set up for Accounts-Receivable Financing is Easy as 1-2-3accounts-receivable financing

Step 1 – Get a Quote

First, speak with a TCI Business Capital representative about our accounts-receivable financing programs. We’ll discuss your cash situation and needs, and we’ll offer a free, no-obligation quote and approval for a financing line. Our simple and straightforward underwriting guidelines allow most customers to receive written approvals in 30 minutes or less. All approvals are customized for the specific needs of the client. We’ll work to make certain the line meets your requirements.

Step 2 – Submit Invoices and Related Documents

Once a financing line is agreed upon, we’ll then schedule your first funding. We can accommodate most schedules and offer an expedited service for those in need of immediate cash. During the setup process, we’ll walk you through the agreement and discuss your invoices and any related materials.

Step 3 – Get Cash for Your Invoices

When the set-up process is complete, we fund you via ACH direct deposit or a wire transfer directly into your bank account. From this point forward, each time we receive your invoices, we’ll process and fund you the same day the invoices are received.

Who Uses Accounts-Receivable Financing?

Since 1994, TCI Business Capital has provided accounts-receivable financing to a variety of industries to assist with their cash-flow needs. Our financing lines range from $50,000 to $20 million, allowing companies in almost any industry the working capital they need to maintain and grow their business.

telecom and wirelessTelecom & Wireless

The wireless and telecom industry is growing at a rapid pace. To take advantage of the industry boom, wireless and telecom services companies need access to quick cash to maintain and grow their companies. Nearly all of the major carriers and many of their prime contractors have pushed out payment terms to 45 days or more. Instead of waiting, accounts-receivable financing provides you with the working capital you need.

heavy constructionHeavy Construction

From electrical contractors and heavy haulers to crane operators and equipment rentals, businesses in the heavy construction industry need working capital to meet their day-to-day operating costs. Relieve your cash-flow stress by turning to accounts-receivable financing.

technologyTechnology

As the demand for new technology increases into virtually every industry, so does the demand for technology-related services. Whether you develop software, implement new systems, design websites or anything else in the technology world, getting paid in a timely manner is important. Most technology companies are waiting 30 to 60 days for payments, which holds them back from growing. Get cash for your invoices today and take advantage of this growth.

utility and pipelineUtility & Pipeline

Whether you’re doing trenching, boring, HDD, road construction or other pipeline work, it’s stressful to wait for customer payment when you need to pay your employees, bills and invest in new equipment and resources. Accounts-receivable financing can help take this stress away so you can focus on your business rather than worrying about when you’ll get paid for the work you do.

oilfield financingOilfield Services

In the oil and gas industry, it’s common to wait for customer payment, which makes it difficult to manage and operate your oilfield service company. With accounts-receivable financing, you’ll no longer wait as you’ll receive cash within 24 hours. This eases the stress of running your oilfield service company because you have the working capital you need to pay your employees and invest in your business. We also offer other back-office support including, accounts-receivable management, collections, credit analysis, as well as MSA and insurance compliance reviews.

trucking and freightTrucking & Freight

Trucking companies need to pay drivers, fuel their trucks and pay for repairs. Many also want to invest in their company by purchasing more trucks and hiring more drivers. With slow-paying customers, this can be difficult and stressful. Thanks to freight factoring services that provide funding within 24 hours, paying your employees and bills on-time is no longer an issue. In addition, fuel cards and fuel-discount programs through our services makes it even easier to manage your fuel expenses. If your trucking company wins more contracts and needs more working capital, our accounts-receivable factoring lines are set up so the amount of cash you receive will grow as you grow.

Renewable energyRenewable Energy

The renewable energy industry continues to grow and thrive. As the demand for clean energy and green energy increases, business and work opportunities for contractors grows as well. Our programs are an excellent option for companies in need of immediate cash.

government contractorsGovernment Contractors

Getting a contract with the government can help set your business up with growth opportunities. With that growth comes new added expenses and overhead. While the government entity will pay you, it may take longer than you can wait to maintain your business. Instead of waiting up to 90 days for payments, accounts-receivable financing can provide you with the cash you need while you grow your business with government contracts.

staffing agenciesStaffing Agencies

In most cases, staffing agencies need to pay their employees weekly or bi-weekly. This can be difficult to pay your current employees and take on new contracts if you’re waiting around 45 days for customer payment. However, with accounts-receivable financing, you’ll get the paid on the invoices right away, so you can pay your employees and take on more contracts.

financing for other industriesMany More

Accounts-receivable financing has made its way into several other industries. If you’re waiting to get paid on your invoices and need access to working capital, we can help.

Accounts-Receivable Financing Across North America

TCI Business Capital provides financing to companies all across North America. Our customers choose us because they need to obtain sufficient financing to maintain and grow their businesses.

 

Alabama Alaska Arizona
Arkansas California Colorado
Connecticut Delaware Florida
Georgia Hawaii Idaho
Illinois Indiana Iowa
Kansas Kentucky Louisiana
Maine Maryland Massachusetts
Michigan Minnesota Mississippi
Missouri Montana Nebraska
Nevada New Hampshire New Jersey
New Mexico New York North Carolina
North Dakota Ohio Oklahoma
Oregon Pennsylvania Rhode Island
South Carolina South Dakota Tennessee
Texas Utah Vermont
Virginia Washington West Virginia
Wisconsin Wyoming Washington D.C.

 

Alberta British Columbia Manitoba
New Brunswick Newfoundland & Labrador Northwest Territories
Nova Scotia Nunavut Ontario
Prince Edward Island Quebec Saskatchewan
Yukon