With headquarters in Burnsville, Minnesota, TCI Business Capital has provided top-rated factoring solutions to companies throughout Minnesota and North America since 1994. TCI Business Capital distinguishes itself from other factoring companies with its reliability, flexibility, innovative products and top-rated customer service.
A common financing solution companies use is invoice factoring, also known as accounts-receivable financing. The process works by selling your invoices to a third party known as a factoring company in exchange for a cash advance.
Many industries use our Burnsville accounts-receivable financing programs, as they eliminate the cash-flow gap caused by slow-paying customers. Some of the industries we’ve funded throughout our more than 22 years of experience include:
Our Burnsville invoice factoring programs are customized to fit the unique needs of each business. As long as you have a cash need and are waiting to get paid from slow-paying customers, we can help.
From start-up companies to those that are growing rapidly, invoice factoring provides a cash-flow solution so that you’re able to meet payroll, pay your bills and grow your company.
Since we’re not a bank, we can help companies in unbankable situations. Our programs are dependent on your customers’ credit rather than yours, so bad credit, maxed-out credit or even companies that have filed for bankruptcy can get the cash they need.
Call TCI Business Capital over other factoring companies in Burnsville and Minnesota to turn your invoices into same-day cash and take back control of your finances.
Located on the Minnesota River, about 15 miles south of downtown Minneapolis, Burnsville has a population of approximately 60,000 people. Once a quiet farming village, Burnsville saw a drastic increase in the population during the housing boom after World War II and following the completion of the I-35W freeway in the 1960s.
Burnsville wasn’t officially incorporated as a city until 1964, but it was actually settled more than a century before that. Some of the first inhabitants to call this area home were a Dakota Tribe known as the Mdewakanton. The Mdewakanton chief, Chief Black Dog, established a permanent settlement in the area in the mid-1700s between the Minnesota River and a lake, which was later named Black Dog Lake after the chief. When the first European settlers arrived in the mid-1800s, there were more than 250 Dakota living in the Mdewakanton village. Mostly of Irish, Scottish, and Norwegian descent, the European settlers subsisted on farming and created a small farming village called Burnsville in 1858. Although the origin of the village name is debated, the common belief is that it was named after William Burns, an early settler who donated the land for the school, church, and cemetery to be built. The village remained quiet until the introduction of the railroad made it much more accessible to people from the city. Once discovered, Burnsville became a resort town, with city dwellers building cottages on the shores of its many lakes. The Bloomington Ferry and the Bloomington Ferry Bridge (now known as the I-35 Minnesota River Bridge) in the late 1800s made Burnsville even more accessible and led to an increase in its permanent population.
Although education and healthcare are the two largest employers in Burnsville, the city’s location at the intersection of two major interstate highways, I-35E and I-35W, and two international airports also make it a strategic location for the manufacturing industry, as it allows easy access for transporting goods around the country. In fact, manufacturing is the second largest industry in Burnsville. Some of the manufacturing companies that call Burnsville home include Pepsi-Cola Bottling, Permac Industries and MultiSource Manufacturing. The freight industry also benefits from Burnsville’s easy access to the interstate, making it the perfect location for the headquarters of YRC Freight.
With its proximity to the Minneapolis-Saint Paul area, but a lower cost of living, a number of Minnesota-born companies have chosen Burnsville for the location of their corporate headquarters. Some of these companies include Northern Tool + Equipment, Mackin Educational Resources, TCI Business Capital and Abdallah Candies. One of the up-and-coming industries in Burnsville is the technology industry. The State of Minnesota recently named Burnsville a Bioscience Zone, recognizing its efforts to expand in this field. One of the technology companies that operate facilities in Burnsville is UTC Aerospace Systems, a technologically advanced aerospace and defense company, which operates a technical center and sensors and integrated systems facility in the city.
What started as a streetscape project in the mid-90s, became a total redevelopment into a new smart-growth based, pedestrian-friendly, mixed-use area downtown. The project began in 1999 and was named Heart of the City. The purpose of the project was to increase the city’s tax base, as well as attract new residents and investors through its urban feel. The focal point of Heart of the City is Nicollet Commons Park, which acts as a town square with an abundance of open green space, picnic tables and a 250-seat amphitheater for concerts or events. Surrounding the park is a wide range of housing options to fit almost any income level. Grande Market Place features 113 apartments, fifty of which are specifically designated for low-income housing. Residents looking for condominium options have a choice of ParkCrest on Nicollet, which has 8,500 square feet of retail on the first floor, and Uptown Landing, the first condo project in the area. Townhomes are available at the Villas in the Heart of Burnsville project as well as at Nicollet Plaza, which also offers condos and single-family homes. In addition to housing and retail, Heart of the City has mixed-use office buildings and restaurants, including the Mediterranean Cruise Café – named one of the top restaurants in the Twin Cities.
Formerly known as the Burnsville Performing Arts Center, the Ames Center is the cultural centerpiece of the community. Located in the Heart of the City, overlooking Nicollet Commons Park, the Ames Center has two theaters; one is a large 1,014-seat proscenium stage theater and the other is a smaller 150-seat Black Box Theater. The theaters at the Ames Center feature a variety of events, including concerts, comedy shows, and ballets – just to name a few. The center also houses a 2,000 square-foot art gallery, which holds exhibits eight times a year and features local up-and-coming and professional artists. Additionally, the Ames Center has meeting rooms and a large rehearsal room that are available to rent for meetings or events.
Burnsville puts a lot of focus on its youth and teens and, as such, has become a leader in the region when it comes to youth and teen activities. The city has assembled a group called Burnsville Youth Collaborative to help provide leadership to the local kids. Partnered with the school district and the YMCA, Burnsville Youth Collaborative offers a variety of daytime and after-school activities for school age children. One of the most popular places in Burnsville for youth and teens is Twin Cities Catalyst Music, formerly known as THE GARAGE. Twin Cities Catalyst Music is a non-profit organization that offers music-related classes and music-related programming. In the past, Twin Cities Catalyst Music has featured concerts from a variety of local, national, and international musical acts.
Another popular Burnsville attraction is Buck Hill. Buck Hill is a ski resort located in southern Burnsville, just west of Crystal Lake. Home to a nationally-acclaimed ski racing team, Buck Hill features 15 different runs and 13 lifts to accommodate a wide range of ski and snowboarding abilities. Additionally, the resort offers ski and snowboarding school and snow tubing. With an advanced snowmaking machine, visitors to Buck Hill can ski or snowboard even in winters with little snowfall. In the summer, Buck Hill offers a variety of mountain biking camps for fitness and fun.