Invoice factoring, also known as accounts receivable financing, is when a business sells its receivables to a factoring company in exchange for immediate cash.
Our Tucson factoring company programs eliminate your cash-flow gap caused by slow-paying customers giving you cash to meet payroll, pay bills, purchase new equipment and more.
One of the reasons companies choose our Tucson accounts receivable financing programs is that we’re able to fund many different business situations. We personalize and customize every program to fit the unique needs of each business.
Whether you just need to unlock your cash flow from slow-paying customers or you’re unable to get funding from a bank because of credit, tax liens or bankruptcy, we can help you. We understand that everyone needs working capital to operate.
Contact a financial representative today at TCI Business Capital to get the cash your business needs.
One of the reasons we’re the top factoring company in Tucson and throughout North America is because our team is knowledgeable in several industries. As long as you invoice other businesses and are waiting to get paid, we can help you!
Since 1994, we’ve helped many industries, including but not limited to:
Tucson, Arizona is a large Sun Belt city known for its cosmopolitan nature, attractive setting, and pleasant climate. People of all ages enjoy living here, from the younger crowd to retired folks. Tucson’s modern downtown area contains a small historic district and is surrounded by suburbs. About a mile north of downtown, the University of Arizona contributes to a college-town feel, especially during football and basketball seasons. The city is surrounded by tall mountains wherein there are numerous communities, homes, and golf courses.
The climate in Tucson is close to ideal. The desert heat is moderated by the high altitude and the dry surroundings and southerly location prevent winter from being too cold. The city lies in a broad, flat valley with sandy soil and mostly small trees, cacti, and brush for vegetation. Temperatures can reach over 100 in the summer, but the humidity is low, and it cools off significantly at night. Half of the city’s annual rainfall comes from summer thunderstorms. Snow is infrequent in the city although it falls more often in higher mountain areas.
Hunters and gatherers migrated to the Tucson Valley as early as 10,000 B.C. There may or may not have been continual habitation since then, but there is evidence of agricultural settlements along the Santa Cruz River that dates back to 1,000 B.C. The Hohokam culture thrived in this region between A.D. 200 and 1450, giving way to the Pima and Tohono O’odham, descendants of that civilization who have inhabited the area since the Hohokam decline.
In 1775, the Tucson Presidio was established by Hugo O’Connor, marking Tucson’s official birthdate. Fighting for independence, Tucson became part of Mexico in 1821 but fell under the jurisdiction of the United States after the 1854 Gadsden Purchase. In 1863, Tucson became an official territory, and by 1880, the Southern Pacific Railroad had reached the city, which quickly grew to a population of 8,000.
In 1912, Arizona became the 48th state in the Union. By 1950, Tucson had a population of 120,000, and that number had almost doubled by 1960. By 1990, Tucson’s population reached 400,000 in the city itself.
A large part of Tucson’s economy depends on the University of Arizona (currently the city’s second-largest employer). Davis-Monthan Air Force Base and the US Army Intelligence Center also provide many jobs for residents of the city as well as nearby Sierra Vista, and the presence of these has led to the development of many high-tech industries in the area, including government contractors. The city is also a major hub for the Union Pacific Railroad route that links the Los Angeles ports with regions in the South and Southeast.
Tucson has made a commitment to help create a healthy, growing economy with advanced technology sectors as its foundation. Texas Instruments, IBM, Raytheon Missile Systems, Intuit Inc., Honeywell Aerospace, Universal Avionics, Sunquest Information Systems, Ventana Medical Systems, Inc., Sanofi-Aventis and Bombardier Aerospace all have a significant presence in the city.
Another major industry in Tucson is tourism, which brings about $2 billion each year thanks to 3.5 million visitors to the city’s plentiful attractions, hotels, and resorts. The Tucson Gem and Mineral Show, the largest such exhibition in the world, brings lots of travelers to the area as well. In addition to visitors, a significant number of winter residents (lured by the mild winters) contribute to the local economy. Also, goods not readily available in Mexico draw many middle-and upper-class Sinaloans and Sonorans to make purchases. As for nonprofits, the Muscular Dystrophy Association is based in Tucson.
Many accomplished novelists, poets, and dramatists have lived in Tucson, including Erskine Caldwell, Edward Abbey, David Foster Wallace and Barbara Kingsolver. Some have been associated with the University of Arizona, but many have been independent writers who were born in or chose to live in Tucson. There are also some theater groups in Tucson, including the Arizona Theatre Company and Arizona Onstage Productions. Broadway in Tucson presents Broadway-style touring reproductions, while the Gaslight Theater has been producing musical melodrama parodies since 1977.
There’s also an active music scene in Tucson. The Tucson Symphony Orchestra and Arizona Opera are two of the musical organizations in the area. The city is also an influential center for Mariachi music, and a large number of Mariachi singers and musicians call Tucson home. Since 1982, the Tucson International Mariachi Conference has been hosted here, and it involves hundreds of mariachi bands as well as dancers in a three-day springtime festival. There are also several prominent musical artists based here, including Linda Ronstadt, Howe Gelb, The Dusty Chaps, Bob Log III, Giant Sand, Calexico, Hipster Daddy-O and the Handgrenades.
Tucson also boasts many cultural events and festivals throughout the year. The Tucson Gem and Mineral Show have been held here for 50 years. Another event, the Tucson Festival of Books, is held annually at the University of Arizona in March. It is one of the country’s largest book festivals, featuring hundreds of authors and 80,000 attendees. This festival includes not only lectures and readings but also food, a science fair, and a variety of entertainment.
Another favorite festival is the Fiesta de Los Vaqueros, or Rodeo Week, held in February. The Fiesta is a sporting event at its heart, but it also includes a massive parade. Children get time off from school for Rodeo Week, and Tucson residents sport Western wear just about everywhere they go (including work).
If you’re visiting Tucson, or even if you live here and are looking for a fun way to spend a weekend afternoon, there are lots of things to see and do around the city. The Mount Lemmon Scenic Byway is one of the most scenic drives in the region and takes travelers on a path through Mount Lemmon and the Santa Catalina Range. This spectacular drive also offers a reprieve from the summer heat; as you climb higher, the temperature tends to drop.
Another must-see in Tucson is the Saguaro National Park, a great place to view some iconic southwestern landscapes. The 91,327-acre park offers visitors centers and miles of hiking trails. If you don’t want to hike, you can see the area via the Cactus Forest Scenic Loop Drive, a paved road featuring several scenic vistas and pullouts.
For something, the whole family will love, pay a visit to the Reid Park Zoo. The zoo is home to a wide range of exotic animals, from jaguars and elephants to roaches and flamingos. There are several interactive exhibits, such as camel rides and a giraffe feeding encounter. Guests can also enjoy the zoo train, carousel, and wet play area, as well as watch daily zookeeper demonstrations. The relatively small size of the zoo makes it perfect for little legs to navigate and the water park is the perfect way for kids to take a break from the heat.
Take a stroll along the Rillito riverbed or climb to Finger Rock, perhaps enjoy a bike ride on some of the off-road trails (or on the bike-friendly city streets). Take a horse ride or settle in for an afternoon of bird watching; explore the area’s beautiful caves or set your sights higher at an observatory as you learn about astronomy. However, you decide to spend your time in Tucson, there’s always something for everyone to love about this exciting city.