Invoice factoring, also known as accounts receivable financing, is the process of a company selling its receivables at a discount to a factoring company to get access to immediate cash. There are many benefits to choosing TCI Business Capital over other factoring companies in Utah.
Since 1994, TCI Business Capital has provided cash flow to a variety of industries through our Utah accounts receivable financing programs.
|Oilfield Services||Utility & Pipeline||Heavy Construction|
|Trucking & Freight||Telecom||Technology|
|Renewable Energy||Government Contractors||Staffing Agencies|
TCI Business Capital has the flexibility and experience to get businesses in a variety of situations the cash they need to succeed.
If your business is growing faster than your cash flow is coming in, our Utah invoice factoring lines can help. The more you grow, the more working capital we’ll provide.
If you were turned down by a bank because of maxed-out credit or less-than-perfect credit, accounts receivable financing is an alternative funding solution for you. We look at the credit of your customers rather than yours.
Our Utah factoring company programs eliminate the cash-flow gap caused by slow-paying customers by paying you same-day on your invoices.
It’s nearly impossible to get traditional funding from a bank with tax problems. Our creative funding solution can still get you the cash you need.
TCI Business Capital can provide you with a DIP financing solution to help get you back on your feet after a business bankruptcy.
|Park City||Provo||Salt Lake City|
|Springville||St. George||West Valley City|
Utah consistently ranks as number one for business, tops in job growth, overall economic performance, and economic mobility. Its “Silicon Slopes” is dominated by companies that include Adobe, EA Sports, and IM Flash Technologies. With its focus on business growth, it’s no wonder Utah is known as “The Beehive State” representing hard work and industry.
Utah is located in the western part of the US. Its neighbors are Colorado, Wyoming, Idaho, and Arizona. It’s a study of contrasts where the terrain is covered, with deserts and high mountains. This unique geographical feature yields diverse vegetation as well.
Utah is known for its hot summers and cold winters. It’s proximity to the Pacific Ocean facilitates precipitation. Its mountain ranges most often protect it from cold blasts. Recent studies show that snowfall has decreased in winters, but rainfall has increased.
Prior to the European exploration, the areas of Utah were inhabited by two Native American groups: the Fremont and the Ancestral Puebloans.
In the 16th century, Spanish explorers looking for a ‘city of gold’ came to the area. They were disenchanted because the area was mostly an arid desert.
In the 19th century, it attracted trappers and fur traders. Some parts of Utah are named after these people. Provo is named after Etienne Provost, a French-Canadian fur trader. Ogden is named after Peter Skene Ogden, a Canadian explorer. It was also around this time that Salt Lake was sighted by an English-speaking person, Jim Bridger, who thought at first it was the Pacific Ocean. The discovery of Salt Lake prompted more people, mostly traders, and fur merchants, to go to Utah.
On July 4, 1847 members of the Latter Day Saints (LDS) moved from Illinois to Salt Lake City, led by its leader Brigham Young. Other Mormons soon followed and settled in nearby areas like Idaho and Nevada.
The First Transcontinental Railroad was finished on May 10, 1869, at South Lake, bringing about more economic activities to the state.
In the 20th century, Hollywood filmed a lot of their cowboy films in Southern Utah. When national parks like Zion National Park and Bryce Canyon National Park were opened for visitors, people began to spread the word of Utah’s natural grandeur and its sightseeing splendors. Ski resorts also became popular especially those built in the Wasatch Range. Infrastructure and transportation systems like the light rail were also developed, urbanizing Utah fast.
The most visited site in Utah is the Temple Square owned by the LDS church. Its area covers 10 acres. Three to five million tourists visit this complex each year. Among its curiosities is the Family History Library which contains the largest files on family history in the world, and the grounds at night during the Christmas season use 100,000 Christmas lights for its display.
There are the five natural parks to witness marvelous geographical formations and biological wonders: Zion National Park near Springdale, Bryce Canyon National Park in southwestern Utah, Capitol Reef National Park in south-central Utah, Canyonlands in southeastern Utah, and Arches National Park in eastern Utah. These places are difficult to access, but the state’s investment towards modern infrastructure now make them visitor-friendly. Activities such as climbing, hiking, and camping are very much encouraged. When you’re on top of a trail at night, stargazing becomes a soothing experience because of the lack of light pollution in these areas.
The Utah Olympic Park was built for the 2002 Winter Olympics, but it is still operational today as a training venue. For fun, people can use the zip lines, pools, and mountain coaster. The Western Olympic Museum in this park has a display of the equipment and some of the medals from the event.
The Great Salt Lake, the body of water that started Utah’s boom, can also be visited and appreciated for the views that it provides. A marina on the south shore enables you to sail the lake on a yacht or any other small water vehicle.
If you’re in Moab, enjoy a canoe trip on the Green River.
St. George has one of the many award-winning golf courses.
The Mormon Miracle Pageant staged in the Manti Utah Temple is celebrated for the spectacular recreation of the historic trip to Utah by the LSD church contingent.
Raspberry is given a not-so-modest tribute through Bear Lake Raspberry Days in Garden City, Utah. There isn’t just an overabundance of raspberry to chow but also fun events like rodeos and a parade where participants throw candies and beads at bystanders.
More than 100 varieties of tulips are showcased in the Tulip Festival staged every April in Thanksgiving Point, Utah. This is one botanical feast.
If theatre is your thing, the Utah Shakespeare Festival is held on the campus of Southern Utah University in Cedar City every summer and fall. This festival has won many awards for celebrating the work of the Bard in style and erudite craftsmanship, including the prestigious Regional Theater Tony Award.
Learn and enact the cowboy way of life in the Western Legends Roundup (Kanab, Utah). Tree felling, Western swing dancing, hand quilting, and even cowboy poetry reading are just some of the activities that will you travel back to the wild, wild west.
The red rock canyonlands are made the backdrop of the Moab Music Festival in early September. The Moab natural scenery is where classical, jazz and even traditional country music is played.
The most famous festival in Utah, though, is the Sundance Film Festival. Created by Hollywood legend Robert Redford to celebrate the art of independent filmmaking worldwide, Sundance holds its events in Park City, Ogden City, Salt Lake City, and the Sundance Resort. Fiction films and documentaries are shown on numerous screens. Cineastes attend to discover instant classics. Celebrity gawkers want to spot a famous movie personality. Distributors look for a potential box-office hit. The festival is held every January.