Instead of waiting weeks or even months for customer payment, TCI Business Capital’s Nevada accounts receivable financing programs pay you the same day on your business invoices. Why wait for customer payments when you can have the cash you need today?
Our month-to-month programs offer financing lines from $50,000 to $20 million.
Many companies choose to work with a Nevada factoring company because it’s a simple and easy way to get financing for your business, no matter what stage you’re in.
TCI Business Capital provides funding solutions to companies in many financial stages.
Our accounts receivable financing programs are designed to work with start-ups as well as expanding and growing companies. Many of our customers have slow-paying debtors or are turned down by a bank because of less-than-perfect credit, maxed-out credit, tax issues, or have filed for bankruptcy. We fill the cash-flow gap by paying you cash for your invoices, same-day.
Many companies waiting to get paid use accounts receivable financing to fund their businesses.
Accounts receivable financing, also known as invoice factoring or receivable factoring, is when a company sells its open invoices to a factoring company. The factoring company advances a percentage of the invoice amount within 24 hours. Once the factoring company collects payment from your customer on your behalf, it then remits the remaining percentage to you, minus a small fee.
Often, companies go directly to banks to get cash to operate or grow. While this might be a viable option for some, it’s important to look at the financial needs of your company before deciding.
First, the process to get a loan or line of credit is lengthy and extensive. It can take weeks or months to receive the cash. With TCI Business Capital’s Nevada invoice factoring programs, we approve your business in as little as 15 minutes. Funding on your invoices happens the same day you send in your invoices.
Business loans and lines of credit create debt on your balance sheet. If you need more capital in the future, it can be challenging to get more, especially if you have less-than-perfect credit. On the other hand, invoice factoring does not create debt on your balance sheet, and the amount is not capped. The more work you do, the more working capital we’ll provide.
Many industries benefit from Nevada accounts receivable financing solutions. TCI Business Capital has more than 20 years of industry expertise in:
Although the state capital is Carson City, many think of Las Vegas when they think of Nevada.
The western state is defined by its great expanses of desert, and by the 24-hour casinos and entertainment for which its largest city, Las Vegas, is known. Las Vegas is home to large elaborate hotels such as Caesars Palace and luxury resorts like the Bellagio, MGM Resorts International, Wynn Resorts, and Las Vegas Sands. Almost three-quarters of the state’s population lives in Las Vegas.
Nevada is the most mountainous U.S. state. The name Nevada is Spanish for “snow covered.” The state is largely desert and mostly located within the Great Basin. South of the Great Basin is the Mojave Desert. Lake Tahoe and the Sierra Nevada lie on the western edge.
The U.S. Federal government manages 86 percent of the state’s land. There is a nuclear testing site 65 miles northwest of Las Vegas comprised of approximately 1,350 miles of desert and mountains. The location is known for having the highest concentration of nuclear-detonated weapons in the United States.
Nevada is officially known as the “Silver State” due to the importance of silver to its history and economy. Nevada’s economy is growing by leaps and bounds. From hitting it rich at the poker table to digging for gold and silver, these sectors help maintain Nevada’s position as one of the strongest economies in the U.S.
Nevada has a multibillion-dollar tourism and gaming industry. The state rakes in fast cash and boosts its job market with these industries. Hotels, casinos, and other venues currently hire nearly 400,000 employees, with an average yearly gain of 2,500, according to Nevada’s Office of Economic Development. But the wages aren’t as enthusiastic. An average worker makes only $31,000.
The tourism industry remains Nevada’s largest employer, with mining continuing as a substantial sector of the economy. Nevada is the fourth-largest producer of gold in the world. Its industrial outputs are tourism, mining, machinery, printing and publishing, food processing, and electric equipment.
Some of the top employers of the state include the MGM Resorts International, Caesars Entertainment, Wynn Resorts, AMERCO, and Boyd Gaming.
Nevada became part of the United States with the Treaty of Guadalupe Hidalgo with Mexico in 1848. Mexico had never established any control in Nevada, but American mountain men were in Washoe, the early name for Nevada, as early as 1827.
The early 1860s saw the end of an Indian war, the great Comstock mining boom of 1859 in Virginia City and the coming of the Civil War. The provisional territorial government led to the creation of Nevada Territory by Congress in 1861. The pragmatic attempts to establish workable frontier institutions had failed, and the paternalistic territorial system was welcomed.
Nevada has taken on several nicknames throughout time. Statehood Nevada is also known as the “Battle Born State,” because it achieved statehood during the Civil War. Two other nicknames are the “Saghen State” after the bird that was very common in the state in early years and “Sagebrush State,” for the native plant which is also the state’s official flower.
Unregulated gambling was commonplace in the early Nevada mining towns but was outlawed in 1909 as part of a nationwide anti-gambling crusade. Because of subsequent declines in mining output and the decline of the agricultural sector during the Great Depression, Nevada again legalized gambling on March 19, 1931.
Governor Fred B. Balzar’s signature enacted the most liberal divorce laws in the country and opened gambling. The reforms came just eight days after the federal government presented the $49 million construction contract for Boulder Dam, now known as the Hoover Dam.
Andre Agassi: A professional tennis player.
Ben Alexander: An actor known for his role in Dragnet.
James E. Casey: Founder of the United Parcel Service (UPS).
John C. Fremont: An American explorer, soldier, and political leader.
Kit Carson: A famous frontiersman and scout.
Nicolas Cage: An actor and producer.