Financial situations for companies can be challenging. No matter if you’re a start-up or a well-established company, you need steady cash flow.
Companies in a variety of financial stages choose a Missouri factoring company to obtain steady cash flow. TCI Business Capital gives your business the cash it needs to maintain daily operations, meet payroll, catch-up on bills and invest in new resources.
If you’re waiting on slow-paying customers, have a maxed-out line of credit, less-than-perfect credit, got turned down by a bank, filed for bankruptcy or have a tax lien, we can help.
Many businesses that have a cash-flow gap use factoring to bridge the gap between invoicing and customer payment.
Accounts receivable financing, also known as invoice factoring, solves your cash-flow gap problem by paying you immediately on your invoices.
Invoice factoring with TCI Business Capital is a simple process. First, complete your work as you normally would. Instead of sending your invoice to your customer, send it to TCI Business Capital. We provide a competitive advance on your invoice within 24 hours. We’ll send your invoice to your customer. Once we collect payment from your customer for you, we pay you the remaining five percent, minus a small factoring fee.
While business loans and business lines of credit are good sources of cash, these only solve your cash-flow gap for a short period of time. As your business grows and you take on more contracts and customers, you may need more financing to fill the cash-flow gap. However, it can be difficult to obtain more capital through a bank as debt is created on your balance sheet.
Invoice factoring fills the gap no matter how much your business grows. The amount of cash we provide is dependent on the amount of work you do. The more contracts you have, the more cash you’ll receive.
Since 1994, TCI Business Capital has helped a variety of industries. Our flexible programs and experienced account managers make it possible for us to work in almost any industry.
Trucking & Freight
Utility & Pipeline
Missouri, also known as the “Show Me State,” is a Midwestern U.S. state located on the eastern fringes of the Great Plains. Most of Missouri is covered by grassy plains and fertile prairie lands dissected by rivers and streams. In the west, south of the Missouri River, the Osage Plains stretch to its border with Kansas and the southern areas of Missouri are forested by the Ozark Mountains.
With a population of more than six million, Missouri is the 18th most populous of the 50 states.
Major industries in Missouri include aerospace, transportation equipment, food processing, chemicals, printing/publishing, electrical equipment, light manufacturing, and beer. Missouri is also actively promoting its rapidly growing wine industry.
The agriculture products of the state are beef, soybeans, pork, dairy products, hay, corn, poultry, sorghum, cotton, rice, and eggs. Missouri is ranked sixth in the nation for hog production and seventh for cattle. Missouri is also ranked in the top five states in the nation for soybean production and fourth nationally for rice production.
Tourism, services and wholesale and retail trade follow manufacturing in importance.
Missouri’s mines are sourced for lead, coal, and crushed stone with large quantities of limestone. The state produces the most lead of all of the states. Most of the lead mines are in the central-eastern portion of the state. Missouri also ranks first or near first in lime production.
Missouri has a growing science and biotechnology field. Monsanto, one of the world’s largest agrochemical and agricultural biotechnology companies, is based in St. Louis. Some of the other notable Missouri companies include Express Scripts, Emerson Electric, Centene Corporation, Reinsurance Group of America and O’Reilly Automotive.
Some of Missouri’s top employers include Barnes-Jewish Hospital, St. John’s Hospital, the University of Missouri, St. Louis University and Cerner Corporation.
The state is named for the Missouri River, which was named after the indigenous Missouri, a Siouan-language tribe. The starting points for the Pony Express, Santa Fe Trail and Oregon Trail were all located in the state. Fort Davidson is located in Missouri and was the scene of the Battle of Pilot Knob during the Civil War. More than 1,000 men were killed or wounded as a result. The Battle of Lexington also took place in Missouri where Missouri Guard troops defeated Union troops.
Harry S. Truman, 33rd president of the U.S. and best remembered as “the man from Independence.”
Samuel Clemens, also known as Mark Twain, was a famous author. His love for the river and his Missouri boyhood is best reflected in his stories of Tom Sawyer and Huck Finn.
Maya Angelou is an award-winning author and civil rights activist. Angelou also delivered a speech at President Bill Clinton’s inauguration.