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Invoice Factoring
Fast, Simple Source of Cash for Companies

Invoice Factoring

What is Invoice Factoring?

Invoice factoring is the process of selling your receivables (invoices) to a factoring company to get access to cash that is normally tied up in your receivables.  It’s a fast, simple and debt-free financing solution companies use to get immediate cash for their invoices, without waiting weeks or months for payments from their customers.

How Invoice Factoring Works

TCI Business Capital makes factoring easy. It’s based on your customer’s credit and payment history. With invoice factoring, also referred to as invoice financing or accounts-receivable factoring, a company sells their outstanding invoices for a cash advance. TCI Business Capital advances you the cash on your invoice the same day we receive it. While we wait for your customer payment, you now have cash for bills, payroll and more.

invoice factoringThe Basics of Invoice Factoring

  • 15-Minute Approvals
  • No Setup Fees
  • Funding in 24 Hours or Less
  • Same-Day Cash Advances
  • Competitive Rates
  • Factoring Lines up to $20 Million

The Benefits of Invoice Factoring

Companies using invoice factoring have a common need for steady, available cash. When a business waits 30, 60 or 90 days for payments, having cash on hand is a struggle. Factoring is a reliable source of cash for companies in need.

Top Factoring Companies Have Industry Knowledge and Experience

Since 1994, companies from a range of industries and variety of services have partnered with TCI Business Capital for factoring. Our industry knowledge and reputation for exceptional factoring services have made us a leader in the factoring industry. Our customers do a wide range of work in many different industries, including:
staffing agencies
Staffing Agencies

  • Administrative
  • Clerical
  • IT – Technology
  • Light Industrial
  • Medical
  • And others

telecom and wireless
Telecom & Wireless Companies

  • Antenna Installation & Repair
  • Tower & Outside Plant Construction
  • Fiber Optic and Structured Cabling Installations
  • Network Engineering
  • Cell Tower Maintenance
  • Plus many more

heavy construction
Heavy Construction Operations

  • Concrete Contractors
  • Construction Management
  • Crane & Aerial Lift Operators
  • Grading & Excavating
  • Horizontal Directional Drilling
  • Utility Locators
  • And others

technology
Technology

  • Consultants
  • Data Management
  • IT Services
  • Software Development
  • Technology Solutions Providers
  • And more

utility and pipeline
Utility & Pipeline Companies

  • Pipeline Construction
  • Right of Way Clearing
  • Fabrication & Welding
  • Trenching Services
  • Underground Utilities Contractors
  • Plus more

oilfield financing
Oilfield Services

  • Site Preparation
  • Drilling Contractors
  • Frac Sand Hauling
  • Water Haulers
  • Roustabout Services
  • Well Servicing
  • And Others

trucking and freight
Trucking & Freight

  • Contract Carriers
  • Freight Brokers
  • Heavy Haulers
  • Refrigerated Carriers
  • Tanker Fleets
  • And many more

Renewable energy
Renewable Energy

  • Engineering & Procurement
  • Site Development services
  • Construction Sub-contractors
  • Operations & Maintenance
  • And many more

government contractors
Government Contractors

  • Federal, State, Provincial and Local
  • Professional Services
  • Pass-through Transactions
  • And more

financing for other industriesOther Industries

  • Apparel
  • Distribution & Wholesale
  • Janitorial
  • Manufacturing
  • Printing
  • Plus many more

Call (800) 707-4845 to speak with a TCI Business Capital representative, or contact us today.

Getting Set up for Factoring is easy as 1-2-3

Because each company’s situation is different, TCI Business Capital’s factoring programs are tailored to fit the unique needs of each client. We work with clients in many different industries, so we can customize a factoring program to meet the specific needs of your company. It’s as simple as 1-2-3.

invoice factoringStep 1 – Get a Quote

The initial step in securing a factoring line is to speak with a TCI Business Capital representative. We’ll discuss your cash situation and needs, and we’ll offer a free, no-obligation quote and approval for a factoring line. Our simple and straightforward underwriting guidelines allow most customers to receive written approvals in 15 minutes or less. All factoring approvals are customized for the specific needs of the client. We’ll work to make certain the factoring line meets your requirements.

Step 2 – Submit Invoices and Related Documents

Once a factoring line is agreed upon, we’ll 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 setup process is complete, we fund you via ACH direct deposit or a wire transfer 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.

Invoice Factoring Across North America

TCI Business Capital provides factoring services 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