Invoice factoring and accounts receivable financing are interchangeable terms that provide companies with cash that is normally tied up in their accounts receivables.
Our Long Beach factoring company programs work by selling your invoices to us in exchange for same-day cash. We provide a competitive advance the day we receive your invoice. Once your customer pays the invoice, we’ll return the remaining amount to you, minus our low, competitive factoring fee.
While some turn to a business loan or line of credit to get the cash they need, they don’t offer all of the benefits of our Long Beach invoice factoring programs.
For example, for a loan or line of credit, it can take a long time to get approved and funded.
By choosing TCI Business Capital over other factoring companies in Long Beach and California, we’ll provide you a free, no-obligation consultation and quote in as little as 15 minutes and funded within 24 hours. By paying you same-day, we’ll eliminate the cash-flow gap caused by slow-paying customers.
For many companies operating in business-to-business industries, having slow-paying customers is a common trend. If you’re waiting to get paid, our Long Beach accounts receivable financing programs can help.
Since 1994, we’ve provided financing solutions to many industries including:
|Oilfield Services||Trucking||Telecom & Wireless|
|Utility & Pipeline||Heavy Construction||Government Contractors|
|Renewable Energy||Staffing Agencies||Many More|
While there are many Long Beach factoring companies, TCI Business Capital offers flexible and custom programs available to a wide variety of business sizes and financial situations.
If one or more of the following defines your company, contact TCI Business Capital today about our Long Beach invoice factoring programs.
Long Beach, located in Southern California, is the seventh-largest city in California and the 36th-largest in the US. With a population of approximately 475,000, it is the second-largest city in the greater Los Angeles area (with LA being the largest). The Port of Long Beach is one of the biggest shipping ports in the world and the second-largest in the country. Long Beach and Los Angeles border each other for several miles along the southwestern portion of Long Beach, but downtown Long Beach and downtown Los Angeles are 22 miles apart. Long Beach also borders Orange County.
Long Beach has a mostly Mediterranean climate, with characteristics of an extreme semi-arid climate. The days here are generally sunny, just as they tend to be in the rest of Southern California. Temperatures vary more inland than they do along the coast. During the summer, fog and low clouds make frequent appearances, keeping temperatures relatively mild. Heat and humidity don’t often coincide, so heat waves are more comfortable here than they are in places where the summers are typically humid. As in most Southern California locations, Long Beach gets most of its rainfall during the winter.
Long Beach was first settled as part of a large land grant to Manuel Nieto in 1784. Llewellyn Bixby purchased part of this land in 1866, and the Bixby family became prominent ranchers and developers. Long Beach began forming along the coast, and by 1885, hordes of visitors were arriving thanks to competition between the original Southern Pacific Railroad and the new Santa Fe Railroad. The Pacific Electric Trolley was introduced in 1902, leading to significant growth in the city as both a resort and a commercial center. In fact, Long Beach was the fastest growing city in the US from 1902 to 1910.
In 1921, oil was discovered on Signal Hill, causing Long Beach to flourish with a significant downtown building boom. However, in 1933, a major earthquake struck the area and left extensive damage behind. The downtown area was rebuilt in Art Deco style. The city continued to grow and develop throughout the next decades. Today, it is a bustling resort city with cruise line terminals, universities, Grand Prix auto races, the Greater Los Angeles World Trade Center and much more.
Many celebrities and other well-known folks have lived in or were born in Long Beach. Actor Nicolas Cage spent time living here, as well as Ashley Benson, Tiffani Thiessen, Michael Stuhlbarg and Bo Derek. Other recognizable names of people born or living in Long Beach include Snoop Dogg, Michael Fishman, McKayla Maroney, Lana Clarkson, and Meg Tilly.
The local economy in Long Beach has changed over the years. The discovery of oil created a boom, and Long Beach was a Navy town for years before the closing of the base. The aerospace industry has played a vital role in the city’s economy. Even though they have reduced their number of employees substantially in recent years, Boeing is still the city’s largest private employer. Other important businesses in the area include TABC (part of Toyota), Epson America, Pioneer Electronics, Molina Healthcare, and Health Care Property Investors. Also, the custom motorcycle shop featured on Jesse James’ West Coast Choppers was located here, and portions of the Monster Garage TV show were filmed here. Also, the Long Beach Green Business Association works to create economic growth by promoting a buy-local program in the city and encouraging green business practices.
There’s no shortage of things to see and do for those seeking a cultural experience in Long Beach. The University Art Museum is located on the Long Beach State campus and is known nationwide for its innovative and high-quality programs. The newest museum in the city is the Pacific Island Ethnic Art Museum. Other local museums and galleries include the Long Beach Museum of Art, the Museum of Latin American Art, and numerous shops and galleries in the East Village Arts District. Long Beach also boasts the world’s largest mural – you can view all 116,000 square feet of it on the exterior of the Long Beach Sports Arena.
You can also take in any number of musical events in the city, and there is definitely something for everyone. The Bob Cole Conservatory of Music holds a wide variety of concerts every year, from classical to jazz and more. At the Terrace Theater, The Long Beach Symphony plays pop and classical concerts throughout the year. Founded in 1979, the Long Beach Opera presents performances at various locations including the Center Theater and Terrace Theater. There are also various long-running music festivals in the area. The Bob Marley Reggae Festival, the Aloha Concert Jam, the Long Beach Jazz Festival, and the Brazilian Street Carnival are just a few.
Long Beach has several semi-professional and professional theater companies, including Musical Theatre West, one of Southern California’s largest regional theater companies. Other places to enjoy stage performances include International City Theatre, the Long Beach Playhouse, the Long Beach Shakespeare Company, and many other smaller theaters.
The Aquarium of the Pacific offers cultural festivals aimed at bringing people of diverse backgrounds together to celebrate their traditions and ocean connections. The Aquarium also holds an annual Festival of Human Abilities, a celebration of individuals with disabilities and their creative abilities such as mouth painting, wheelchair hip-hop dancing, inspirational speakers, and more. Long Beach is also home to many other art and music festivals, film festivals, parades, and celebrations each year.
Whether you live in Long Beach or are just visiting, there are lots of things to see before you leave. A 1936 Art Deco ocean liner (The RMS Queen Mary) is permanently docked here and is famous for being the world’s fastest ocean liner from 1936 to 1952. It is now a hotel and maritime museum. The Aquarium of the Pacific, besides hosting cultural events, also has exhibits of over 12,000 animals, including sharks, stingrays, lorikeets and many more.
You can also spend time soaking up the sunshine at one of 92 area parks. The Long Beach Department of Parks, Recreation and Marine is nationally recognized for its outstanding programs. The city’s 3,100 acres of parks feature fishing lakes, campgrounds, archery, bike trails, picnic areas, public swimming pools, and launch ramps for boaters.
Of course, many things to do in Long Beach are based on water. Visitors can treat themselves to a singing gondolier ride through the romantic canals of Naples. This is one of only seven places in the Western US to ride in a gondola! Or spend the day on the sand on one of many local beaches, whether boating, fishing, swimming, or just basking in the sun. Surfing has become less common in the area now (despite being highly popular at one time) because of the 2.2-mile-long breakwater built to protect the US Pacific Fleet in 1949. The breakwater reduces the waves enough make surfing difficult, and some residents even blame the lack of water circulation for the water’s dirtiness; as a result, the city is now considering the possibility of lowering or removing it. If you’re traveling with your dog, be sure to check out Rosie’s Dog Beach, Los Angeles County’s only off-leash area on the beach for dogs.
Long Beach provides easy access to Southern California adventures as well as big city attractions. Whether you spend your time on a chartered boat, in a museum, or in one of the hundreds of restaurants and shops, there’s lots of fun to be had in Long Beach any time of year.