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Accounts Receivable Financing
Small Business Financing Made Easy

What is Accounts Receivable Financing

December 10, 2019

Accounts receivable financing is a form of business finance where a company sells their open invoices to a factoring company in exchange for an immediate cash advance. It’s a common form of financing businesses use to improve cash flow and eliminate the wait for customer payments.

TCI Business Capital is a top choice among receivable financing companies. We offer month-to-month financing programs ranging from $50,000 to $7 million. With the cash accounts, receivable financing provides, companies can meet payroll, manage expenses, and grow the business.

The Benefits of Accounts Receivable Financingcustom accounts receivable financing for small business

  • Customized Financing to Fit Your Company Needs
  • Fast Quote and Application Process
  • Immediate Cash Advances
  • Financing that Grows as Your Company Grows
  • No Additional Debt is Created

How does Accounts Receivable Financing Work?

  1. Perform your work or service as normal.
  2. Send your invoices to the factoring company.
  3. The factoring company initiates a same-day advance on a percentage of your invoice total, directly into your bank account.
  4. The factoring company sends your invoice to your customer and follows up to make sure payment is received.
  5. When your customer pays us on their terms, the remaining balance of the invoice is paid to you, minus a small fee.

Choosing the Right Receivable Financing Company

Each 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 situations of each and every client.

accounts receivable financing is a source of business funding.With TCI Business Capital:

  • Programs are customized to your needs;
  • Financing is contingent on your customers’ credit and payment history, not your own;
  • There are no long-term contracts,
  • Lines are determined on your sales volume, not your company’s value; and
  • 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

Setup is as Easy as 1-2-3

Step 1 – Get a Quoteaccounts receivable financing pays you cash for your invoices

Contact TCI Business Capital to discuss your cash situation and needs. We’ll provide a quote on a financing line. Our simple and straightforward underwriting guidelines allow most customers to receive written quotes in as little as 15 minutes. All quotes are customized for the specific needs of each client. We’ll work to make certain the line meets your requirements.

Step 2 – Submit Invoices and Related Documents

Once a financing solution 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 quickly completed, we fund you via ACH direct deposit or do 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.

Accounts Receivable Financing with TCI Business Capital

TCI Business Capital has offered accounts receivable financing services to small and mid-size companies for more than 25 years. We offer monthly financing lines from $50k to $10 million, with no long-term contracts. For more information on using factoring to improve cash flow, contact us via the web, or call (800) 707-4845.