While there are several financing options available for businesses, many choose accounts receivable financing, also known as invoice factoring, to cash flow. While it can take months to receive funding with a business loan or line of credit, accounts receivable financing is a quick and simple process.
There are many factoring companies in Massachusetts, but many choose TCI Business Capital. The application and setup process can be completed in as little as three days. Once set up, funding on your receivables happens within 24 hours.
As a result, with accounts receivable financing, the wait for customer payment is eliminated and steady cash flow is achieved.
TCI Business Capital has helped a variety of industries with their cash flow since 1994. Our Massachusetts accounts-receivable financing and invoice factoring programs range from $50,000 all the way up to $20 million. As a result, our financing programs work with just about every industry and various business sizes.
|Telecom & Wireless||Heavy Construction|
|Technology||Utility & Pipeline|
|Oilfield Services||Trucking & Freight|
|Renewable Energy||Government Contractors|
|Staffing Agencies||Many More|
Companies that sell their goods or services business-to-business and invoice on a net basis utilize accounts receivable financing because it provides them with the cash their business needs.
Massachusetts companies in a variety of stages benefit from accounts-receivable financing. TCI Business Capital’s flexible Massachusetts invoice factoring programs make us your top choice. If one of the following explains your company, factoring could be the solution for your business.
Located in the northeastern section of the United States, the Commonwealth of Massachusetts is home to more than 6.7 million people making it the 15th largest state based on population. Boston is its capital and largest city with more than 600,000 residents. Other large cities include Worcester, Springfield, Lowell, and Cambridge.
Massachusetts has a diverse terrain including hills, mountains, forests, coastline, and flatland. The state’s coastline on the Atlantic Ocean contains a mixture of bays, inlets, sandy beaches, and islands. The eastern part of the Bay State is mostly flat with low hills, small lakes, and rivers. Some major rivers in the state include Charles, Connecticut, and Merrimack. A few of the mountains and hills in the state are Mount Greylock, Saddle Ball Mountain, Crum Hill, and Mount Fitch. About 63 percent of the state is covered in forests, most of which are privately owned.
Because of the vast array of terrain types, there is plenty of wildlife throughout the state. White-tailed deer, bobcats, river otters, minks, black bears, gray fox, beavers, mallards, pheasant, and mockingbirds are common throughout the state. Massachusetts also has several reptiles. Some of the most common ones are the snapping turtles, northern water snake, and the venomous timber rattlesnake.
Massachusetts has a long history since the Pilgrims aboard the Mayflower landed at Plymouth in 1620. The area had been long populated by Massachusetts and other Algonquian tribes (who were virtually wiped out as the result of European-carried plague).
1692-1693: The Salem witch trials occurred between these years. The trails accused people of witchcraft. Today, 552 original documents from the trails are preserved and stored by the Peabody Essex Museum.
1706-1790: Benjamin Franklin lived in Massachusetts and was best known as a diplomat and statesman during the American Revolution. In addition, he was one of the Founding Fathers of the United States, as well as an inventor, an author, a philosopher, and a publisher. Today, more than 30 communities have renamed themselves in honor of him. The Massachusetts town of Franklin was the first to do so in 1778.
1722-1803: Samuel Adams was born in Boston and was a revolutionist that organized the Boston Tea Party. He was often referred to as the “Father of the American Revolution.”
1735-1818: Born in Boston, Paul Revere was a leading silversmith of New England and a political leader in the American Revolution.
1735-1826: Born in Quincy, John Adams helped negotiate the peace treaty with Britain. In 1785, he became envoy to London. In addition, He served as the first vice president of the newly formed United States, and in 1797 became its second president. In addition, his son, John Quincy Adams later became the sixth U. S. president.
1778: Massachusetts entered the Union as one of the 13 original colonies.
1832-1888: Louisa May Alcott was an American novelist. She was best known as the author of “Little Women,” ”Good Wives,” “Little Men” and “Jo’s Boys.”
1876: Fall River, the “Spindle City,” was second in the world to only Manchester, England in terms of cotton cloth production.
1895: The game “mintonette,” now known as volleyball, was created by William G. Morgan in Holyoke.
1897: The first subway system in the United States was built in Boston.
1917-1963: Born in Brookline, John F. Kennedy would serve the Commonwealth in the U.S. House and the U.S Senate, and serve the nation as its 35th president.
2002: After 20 years of planning and construction the Big Dig opened, with the dubious distinction of being the most expensive highway project in the U.S.
Early industries in Massachusetts included agriculture, textiles, and manufacturing of tools and paper.
Today, the state’s economy is heavy on life sciences, financials, manufacturing, information technology, renewable energy, defense, and fishing.
EMC Corporation is a large technology-based company with headquarters in Hopkinton. It offers solutions to help businesses with securing and organizing their data. Another large technology company in the state is Raytheon.
TJX is an apparel and home goods store with headquarters in Framingham. T.J.Maxx, HomeGoods, Marshalls, and Sierra Trading post are a few of the stores that the company owns throughout the United States.
The state has 93 colleges and universities. A few are listed below.
Because of the array of landscape throughout the state, people enjoy several outdoor recreational activities including water sports, biking, horseback riding, whale watching, rock climbing, and skiing.
Professional sports are also well-liked in the state. The state boasts championship teams including the Boston Bruins (NHL), Boston Celtics (NBA), Boston Red Sox (MLB) and New England Patriots (NFL), as well as New England Revolution (MLS).
In addition to sports and outdoor recreational activities, Massachusetts has several destinations and celebrations that people enjoy throughout the year.
Boston Marathon: The top marathon event in the United States that began in 1897. The event hosts crowds up to 500,000 people.
Boston St. Patrick’s Day Parade: Boston is known as one of America’s most Irish cities. A parade is a main event and attraction for both the city and state.
Boston Wine Expo: This is one of the biggest events of the state and one of the largest wine events in the United States, the Boston Wine Expo is a week-long event and has more than 2,000 wines from over 440 wineries.
Plimoth Plantation: Experience life in the 17th century with this living history museum.
Salem Witch Museum: Exhibits and tours that display the 1692 Salem witch trials.
USS Constitution Museum: Located in Charlestown, it contains the “Old Ironsides” that tells the story of the USS Constitution.