Accounts-receivable financing, also known as invoice factoring, is a financing method companies use to speed up their cash flow.
TCI Business Capital is proud to be your top choice among factoring companies in Fayetteville and North Carolina because of our quick and seamless financing process. Once you’re quickly setup, send your invoices to us. We’ll advance a percentage of the invoice amount into your bank account same day. Once your customer pays the invoice in 30 to 90 days, we’ll remit the remaining balance to you, minus our low factoring fee.
While some companies turn to a business loan or line of credit for financing, it is not always the best or available option. Here is how the financing options compare to our Fayetteville invoice factoring programs.
Loans & Lines of Credit
|Quick approvals in as little as 15 minutes||Lengthy approval process|
|No additional debt created||Additional debt created|
|Eliminates cash-flow gap||Cash-flow gap still present|
|Approval amount based on your customers’ credit||Approval amount based on your credit|
|Free credit services||No credit services|
|Financing amount grows with your business||New approvals needed for more financing|
We know that every business has unique needs and is in different situations. Our customized cash-flow solutions are another reason why companies choose us over other factoring companies in Fayetteville and North Carolina.
Our invoice factoring programs have funded thousands of companies in a variety of situations. Even if you’re only waiting to get paid from slow-paying customers, we can help you. But we can do more.
If you’re going through tough financial challenges such as bad credit, maxed credit or even a bankruptcy, we have a program that will work for you. From start-ups to expanding companies, we’ll get you the financing you need, and fast.
Since 1994, we’ve provided financing to a variety of industries through our Fayetteville accounts-receivable financing programs.
Some of these industries include:
|Trucking & Freight: flatbeds, vans, hot shots, refrigerated trucks, intermodal, heavy hauling and many more||Staffing Agencies: temporary, healthcare, medial, administrative, clerical, general labor and many more|
|Oilfield Services: drilling, frac sand hauling, water haulers, roustabouts, gravel haulers and many more||Technology: security, IT solutions, network administration, website design, software development and many more|
|Government Contractors: local, state, federal, construction, security, defense and many more||Utility & Pipeline: utility locators, pipeline construction, pipeline maintenance, sewer maintenance and many more|
|Heavy Construction: crane operators, welding, HDD, excavating, grading, equipment rental and many more||Renewable Energy: wind, water, solar, site preparation, site operations, contractors, construction and many more|
|Telecom & Wireless: cell tower contractors, wireless contractors, fiber optic installation and many more||Other Industries: welding, janitorial, wholesale, distribution, manufacturing, printing and many more|
Fayetteville is the administrative center of Cumberland County in the state of North Carolina. The city has one of the main military installations in the country, namely, the Fort Bragg. With a span of 147.7 square miles, it is home to 204,408 people based on 2013 population estimation. The city started as a settlement in 1762 and today has become the fifth largest metropolitan area in the state and the largest in southeastern North Carolina.
Historically, the area known today as Fayetteville was initially settled by the Siouan Native American tribes. English settlement started around the second decade of the eighteenth century. However, the history of Fayetteville as a city is linked to two settlements, namely: Cross Creek and Campbelltown, set up around Cape Fear River within the colony. Though these two settlements were established at different times, they were integrated to form Fayetteville in 1783. During the American Revolution, a Frenchman named Marquis de Lafayette gave tremendous support to the Americans, and thus when this town was established, it was named Fayetteville in his honor.
Before the consolidation of Cross Creek and Campbelltown, Fayetteville was a politically important location in the state of North Carolina. Though the move made in 1788 to make it the capital of the state did not materialize, the University of North Carolina was chartered in the city by the General Assembly in 1789. It was also in this city that the Constitution of North Carolina was ratified. It hosted the legislature for a number of years before the move to Raleigh in 1794. The city became economically prosperous during the nineteenth century, becoming the regional center of imports and exports of goods and services, as well as ideas. It has an inland port that was home to newspaper houses, bookstores, churches, legal chambers and a courthouse. Despite the damages wrought by a fire outbreak in 1832, the resilient locals were able to forge head.
Today, the city is home to world-class infrastructures, plenty of amenities and industries of different kinds. The city has pioneered a number of things in the United States. It hosts the largest military camp in the country, Fort Bragg and Pope Air Force Base, which contribute immensely to local economy and in the ever-growing population of the city. The city has more than a hundred subdivisions, including Vanstory Hills, Tallywood and King’s Grant. It has plenty of shopping facilities and retail establishments, such as the massive indoor Cross Creek Mall, which opened in 1976. Economic progress of the city has also resulted in population growth and expansion of the boundaries of the city.
Fayetteville is the economic hub of the county. Though there are a lot of industries contributing to the local economy, Fort Bragg remains the economic pillar of the city, such that many believe that without it, Fayetteville would not have achieved the popularity it has today. The city has strong retail industry, which is ranked among the best in the country. It is home to popular restaurants and shops. Healthcare, entertainment and hotel and accommodation industries also make significant contribution to local economy. Due to diversified economy of the city and the presence of many industries, it has a low unemployment rate. Top employers in the city according to the 2012 Comprehensive Annual Financial Report are the City of Fayetteville, Cumberland County, Good Year Tire Manufacturing and Plant, Wal-Mart, Cape Fear Valley Health System, Cumberland County Public School System and Fort Bragg (Department of Defense).
Fayetteville is a lively city with lots of entertainment venues and event centers. It hosts a number of festivals and events throughout the year. Two popular annual festivals organized in the city are International Folk Festival and Fayetteville Dogwood Festival. The former is a three-day festival held in two venues; namely, the city’s Festival Park and headquarters of the Arts Council. The latter is also a three-day event at the end of April. A lot of activities, such as a senior beauty pageant, fashion show, historic cars and motorcycle shows, concerts and shows by popular artists and musicians, are organized to mark the festival. The Festival Park Complex hosts many of these events.
Fayetteville is a city that appeals to nature and wildlife lovers. It has a number of places where one can have a real feel of nature. The Cape Fear Botanical Garden will make a perfect venue for plant and flower lovers. With a span of 77 acres, it is home to diverse species of ornamental and specialty plants. There are ponds in the garden where visitors can see native plants and trees. It is a garden where you can find peace with nature. Its trail stretches to Jordan Soccer Complex. Head for Jambbas Ranch to see various wild animals such as bear, deer and buffalos. Visitors to this ranch are allowed to feed some of the better-tempered animals in the range.
Fort Bragg has a museum that honors historic military figures and where classic weapons are displayed. It is called the 82nd Airborne Division War Memorial Museum. The museum provides visitors the opportunity to learn about the participation of the division in various military campaigns starting from World War I through today. Visitors will also learn about military prowess of historic soldiers. The evolution of U.S. paratroopers, starting from 1940 through the Persian Gulf War, are exhibited in this museum. But if you are not interested in wars and historic weaponry, the Museum of the Cape Fear Historical Complex should be an option for you. It is a nice location for history enthusiasts. It provides visitors the opportunity to learn about the history of the region, starting from the days of the Native Americans to the beginning of the twentieth century. The museum is home to a 1897 house and Arsenal Park where weapons were produced by the Confederate troops. Family with children can take them to Fascinate-U Children’s Museum, which offers interactive sessions to visitors.
Downtown Fayetteville is has plenty of historical homes and churches. It is a must-visit location for tourists that have interest in historic architectures. One of the remarkable buildings in this location is the Old Market House. As you stroll through this location, you will find old homes, which will leave you in awe at the building ingenuity of the early inhabitants of the area.