Company financial situations can be challenging. From start-up to well-established companies in expansion and growth mode, they all need steady cash flow to fund their dreams.
Whether you’re experiencing a cash-flow gap from slow-paying customers or lack of funding from a bank because of tax liens, maxed-out-lines of credit, or less-than-perfect credit, TCI Business Capital offers North Dakota accounts receivable factoring programs to improve cash flow. Get started today with the number-one factoring company.
Instead of waiting 30 days or more for customer payment, accounts receivable factoring pays you immediately on your invoices. This provides you with the cash you need to stay caught up on bills, meet day-to-day operating expenses, pay your employees, accept new contracts, and meet any other financial obligations you may have.
While some companies may look for funding options through a business loan or business line of credit, it’s not always the best option or an available option.
Business loans and lines of credit cap the growth potential of your company by setting limits. Invoice factoring has no limits. The amount available grows as your business grows.
Funding from business loans and lines of credit can take months from the time the application is submitted to when you have cash in hand.
With our North Dakota accounts receivable factoring programs, funding is almost immediate. TCI Business Capital approves businesses in as little as 15 minutes. The application and setup process is simple and quick and can be done within a few days. Once that is complete, funding on your invoices happens within 24 hours. This provides you with the immediate cash needed to maintain and grow your business operations.
A variety of industries benefit from invoice factoring. TCI Business Capital has more than 20 years of industry expertise in:
In terms of size, North Dakota ranks 17th among U.S states while one of the least populated areas in the nation, with fewer than 800,000 residents. Bismarck is the state capital and is one of the largest cities in the state. Other prominent cities include Fargo, Grand Forks, Minot, and West Fargo. The population of these five cities makes up almost 40 percent of the Peace Garden State’s total population.
Another known town in the state is Rugby. Rugby is the geographical center of North America. A 15-foot-tall rock obelisk, with American and Canadian flags flying high, is located to mark this spot.
North Dakota has a dry, continental climate. There are four distinct seasons with temperatures ranging from 0 degrees Fahrenheit in the winter to the upper 80s in the summer.
Grass covers most of the Rough Rider State as part of the Great Plains of North America. The Badlands cover the southwest part of the state. The Badlands is a long series of odd-shaped and brightly colored buttes, domes, and rolling hills. The state’s highest point, White Butte, is found there. Other peaks in the state include Black Butte, Sentinel Butte, Camel Butte, and Square Butte.
There is also rivers and lakes throughout the state. Sakakawea and Ohe are the most well-known lakes. Major rivers include James, Missouri, and Red.
Bald eagles, deer, pronghorn antelope, elk, grizzly bears, and bighorn sheep are just some of the wildlife that roams throughout the state.
Agriculture is the largest industry in the state both today and throughout its history. Common agricultural products include wheat, cattle, soybeans, corn, and sugar beets.
Other large industries in the state include oil and gas, food, technology, and renewable energy.
North Dakota’s economy expanded rapidly during the oil boom, which started in 2006 and lasted until oil prices dropped dramatically in 2015. Its economy and population grew during the oil boom, specifically in small oil towns including Williston and Watford. During this time, the state had the lowest unemployment rate in the United States.
While North Dakota isn’t a big tourist state, there are still plenty of attractions, celebrations, and entertainment for all to enjoy. Below are just a few.
Dakota Zoo: It’s the largest zoo in North Dakota with 500 reptiles, birds, and mammals.
Dinosaur Museum: Located in Dickinson, this museum has a full-scale triceratops model and ten other full-scale dinosaur models on display.
KMOT Ag Expo: This event has been around for four decades since agriculture has been a primary industry for the state. It’s the largest indoor agricultural show in the upper Midwest, attracting more than 35,000 people.
Sports RV and Boat Show: It’s the largest sports show in the state and one of the top events in the area. It attracts more than 14,000 visitors each year.
Theodore Roosevelt National Park: The park has roughly 70,000 acres of canyons and hiking trails. The “Medora Musical” is performed in this park in honor of President Roosevelt’s memory.
Other recreational activities that residents and visitors of North Dakota enjoy are bicycling, boating, golfing, rafting, skiing, and sledding.
Some well-known names are from North Dakota including actors, professional athletes, and many others. Below are just a few.