Invoice factoring, which is also referred to as accounts-receivable financing, is a cash-flow solution many companies use to speed up their cash flow. Factoring companies eliminate the wait you have from slow-paying customers by paying you same-day on your invoices.
While there are many factoring companies in Allen and throughout Texas, TCI Business Capital is proud to be your number-one choice.
Our Allen invoice factoring programs offer many benefits to your business, including:
Since 1994, we’ve provided many industries with cash flow through our Allen accounts-receivable financing programs. Some of these industries include:
Slow-paying customers are not the only reason why companies choose our Allen invoice factoring programs to eliminate their cash-flow gap. Whether you are just starting up or expanding rapidly, steady and sufficient cash flow is a constant need.
Many businesses rely on TCI Business Capital for a cash-flow plan that keeps them ahead of the game. Others come to TCI Business Capital because they’re unable to get sufficient funding from a bank, if at all. We’re able to help you even if you have no credit, bad credit or if it is maxed out. We’ve also provided DIP financing solutions to companies that have filed for bankruptcy.
No matter what you’re reason is, if you’re looking for cash flow, we can help.
Allen is an affluent city in Collin County and is home to about 84,000 people. It stretches over an area of 27.1 square miles, and is located about 30 miles north of Dallas.
Although Allen was incorporated on July, 1 1953, its history dates back to 1870 when the area served as a stop for the Houston and Texas Central Railway. Farmers in the nearby locations brought their farm produce to the stop. Before the arrival of the first groups of immigrants from Europe in the 1840s, the area was originally the homeland of the Caddo and Comanche Tribes, who moved to the West when they could no longer withstand the conflicts with the European immigrants searching for land.
The Houston and Texas Central Railway (H&TC) drew the plan and established the original town of Allen. It was named after Ebenezer Allen, a railroad promoter and renowned politician in the state. To meet the transportation needs of these farmers and other residents of the area, a depot that served both freight and passengers was constructed in the Allen Central Business District by H&TC in 1872. Barely six years after the construction of the depot, the first train robbery in Texas was carried out by a gang group led by Sam Bass.
However, Allen continued to serve as a stop for train lines for many years. For example, the interurban line of Texas Traction Company that linked Denison and Dallas had its stop in Allen between 1908 and 1948. During these initial decades, the city population was small. But within a period of over six decades, the population exploded, surging from 400 to 86,000 people. The development of Plano as well as Dallas, which are close to Allen, helped with the city’s growth and population increases.
Allen has gradually risen in affluence thanks to its booming economy. There are a lot of sectors that contribute to the growth of local economy and also provide employment. Based on the 2014 Facts & Figures released by the city, Allen Independent School District is the largest employer in the city. Others in include PFSweb, Jack Henry & Associates, Texas Health Presbyterian Hospital, Frontier Communications, City of Allen, Experian, Watters Creek at Montgomery Farms and Allen Premium Outlets.
The education sector is the largest employer Allen, and the city has a large number of educated residents. Parents go the extra mile to ensure that their children get the best education. The school district continually introduces positive programs that improve the quality of education provided to schoolchildren in the over 15 schools the district. Besides being well equipped, the schools are filled with well-trained teachers. The Collin County Community District is the city’s institution of higher learning that provides over 100 degree and certificate programs. The college has approximately 34,000 students studying programs leading to various degrees.
Allen offers fun activities for all walks of life. Whether you want adrenaline-rushing adventures or an easy-to-do activity, Allen has something for you. Allen has over 200 restaurants where you can dine out in, making leaving Allen on an empty stomach unlikely. If you find that you have shopped until you’ve dropped, check for suitable accommodations in the city’s hotels. Allen has hotel brands with nationwide reputations that have lodging facilities in the city.
Allen is also a good location for nature buff. Concerts and events of different kinds are organized at different times of the year in this city. If you are a culture enthusiast, you may consider attending such events. Apart from commerce, Allen offers ample opportunity for recreation and sports. If catching fun means getting active, you have a home in this city. The city has 24 developed parks and recreational areas, which together span over 340 acres. Still, there are up to 100 acres of undeveloped parks in the city.
These parks and recreational areas offer facilities for different kinds of sports such as basketball, volleyball, baseball, football and softball. Some of the recreational areas have playgrounds for children. Swimming and other water sport facilities are also available in some of these facilities. Recreation facilities in the city includes Don Rodenbaugh Natatorium, Joe Farmer Recreational Center, Allen Senior Citizens Center with senior-friendly facilities, Twin Creeks Arnold Palmer Signature Golf Course, Blackjack course and Chase Oaks Golf Club.