Invoice factoring, which is also called accounts-receivable financing, is a simple form of business financing that B2B companies use to get the cash flow their business needs. Instead of working with a bank, which can be a drawn-out process that can leave you cash strapped, partner with TCI Business Capital, your top choice among factoring companies in McKinney and Texas.
Take a look at how our form of financing differs from working with the bank. If you like what you see and you are looking for financing, give us a call. We can tell you more.
McKinney Accounts-Receivable Financing
Loans & Lines of Credit
|Approvals in as Little as 15 Minutes||Lengthy Approval Process, Sometimes Months|
|Same-Day Funding||Funding Can Take Up To 3 Months|
|Eliminates Cash-Flow Gap||Cash-Flow Gap Remains|
|Free Credit Checks on Your Customers||No Credit or Risk Services|
|No Added Debt to Your Company||Debt is Created|
Accounts-receivable financing works by selling your invoices to a factoring company like TCI Business Capital in exchange for a same-day advance on the total of your invoices. It really doesn’t get any simpler.
Part of the reason why companies choose to factor is because of the flexibility that we have in providing you a financing solution to meet your specific needs. As a non-bank financial services company, we have a great deal of creativity when it comes to providing you with financing that tailors your situation. For example, at TCI Business Capital we offer month-to-month programs that adjust based on your current business volume, ensuring you’re getting the best financing you can get at the best price.
We have had the pleasure of working with companies across the board–and not just in terms of location. That’s why our McKinney invoice factoring lines are suitable for businesses that work in many industries. Take a look at what kinds of companies we work with.
|Trucking & Freight: flatbeds, vans, hots shots, refrigerated trucks, intermodal, heavy hauling and many more||Staffing Agencies: temporary, healthcare, medical, administrative, clerical, general labor and many more
|Oilfield Services: drilling, frac sand hauling, water haulers, roustabouts, gravel haulers and many more||Heavy Construction: crane operators, welding, HDD, excavating, grading, equipment rental 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|
|Technology: security, IT solutions, network administration, website design, software development 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|
The Texas Declaration of Independence was signed in 1836. Collin McKinney played a major role in drafting and signing the declaration, which lead to Collin County, where McKinney is located, being named after him. The region was fertile, and settlers were welcomed by colonialists to come and establish farms and communities. Cotton, oats, wheat and corn were produced in bulk.
Vigorous agricultural activities and a growing population resulted in development of an urban center, which has grown into the city of McKinney today. Service industries such as health facilities, banks, a fire department and manufacturing and processing industries arose due to the flourishing agricultural economy. The town acquired electricity in 1889, and this was a huge rejuvenation that sparked exponential growth. In 2012, Money Magazine chose the town as the best place to live in the United States.
Today, the city of McKinney has a vibrant and steady economy that is based on business, education, entertainment, health and housing. It is supported by a good road network, which allows free flow of goods and services, with an average commute of 26 minutes. Collin County Transit provides an efficient taxi service for residents of the city. People who are either disabled or above 65 years of age only pay a fraction of the normal fare rates.
The city boasts a past full of rich history. The Heard Natural Science Museum and Wildlife Sanctuary, McKinney Performing Arts Center and Chestnut Square Historic Village are some of the landmarks that attract visitors.
There are a wide range of avenues for entertainment and leisure time in this city. Family-fun events, open green spaces and museums available in the city offer visitors and residents great opportunity to enjoy nature, social space, art and culture. City of McKinney Parks and Recreation strives to provide wonderful open spaces and memorable social events, such as summer camps, ropes courses, night hikes and canoe racing.
Public parks in the city include:
McKinney has one of the highest ratio of students who have graduated from college with a bachelor’s degree and proceeded to advanced levels. It is also rated highly based on the test results of students in its schools. The teacher-to-student ratio is about 14 students per teacher, which is quite satisfactory. Quite a number of the best schools in the country are in McKinney, including:
A non-profit organization known as McKinney Education Foundation (MEF) seeks to raise cash for funding high school graduates who deserve scholarships. This foundation acquires funds through donations from individuals, business enterprises and other organizations.
McKinney Housing Authority is in charge of administering help to residents who have housing issues or want to move. As an immigrant, the authority also comes in handy to guide you in finding the type of housing you prefer. Low-income families are well catered for through the public housing program. The program also caters to people living with disabilities and the elderly. Public housing ranges from high-rise apartments to single-family dwellings. An average home in the city costs between $190,000 and $400,000.
The city is safe, with professional security agencies at the disposal of home and business owners. Police patrols also play a big part in enhancing the safety of residents and visitors. Culturally, the people are friendly and willing to help each other out.
Collin County Health Care Services strives to promote curative, preventive and ambulatory health care. Medical and dental care clinics are also available and provide people who are not insured and earn low income with discounted and free medical and dental care. They include:
McKinney offers an awesome environment for all aspects of life, from economic and social to physical aspects. The future of the city looks bright; it is worth investing time, money and other resources in such a prosperous location.