It’s an investment to start up a business. Start-up companies need to purchase everything from equipment and insurance to office supplies and computers to get started. For many new businesses, the amount of cash in reserve is little to none. Most of the funds they had are already invested directly into the business in order to get started.
Start-up companies need working capital to fund their business to meet daily operating costs and payroll. For newer companies, this is a challenge when little to no cash is left after the initial start-up costs.
Accounts receivable financing, also known as invoice factoring, is a common and beneficial way many companies use to finance their startups. Business loans and business lines of credit can be difficult for new companies with little-to-no financial history to secure. Accounts receivable factoring gives your startup the ability to accept new contracts while having a steady cash flow to keep up with operating costs.
Start-up companies no longer have to wait to get paid. TCI Business Capital pays companies a competitive advance on the invoice amount within 24 hours. Once your customer pays the invoice, the remaining amount is deposited directly into your bank account, minus a small factoring fee.
For more than 20 years, TCI Business Capital has financed start-up companies in a variety of industries. Start-up companies have the ability to grow by having a working capital solution.
Staffing agencies need funds to pay their employees weekly or biweekly even when their customers are taking 15, 30 or even 45 days or more to pay them. Instead of waiting, start-up staffing agencies get paid the same day on their invoices by working with TCI Business Capital.
|Administrative||Clerical||IT – Technology|
|Light Industrial||Medical||Many More|
Winning a government contract can be a big win for any company. However, with the equipment, payroll and time needed to invest in the job, it can be difficult to fund when typical payments can be 60 days or more. Through accounts receivable factoring with TCI Business Capital, startups can bid on and accept government contracts as they have the working capital they need to complete the job by being paid the same day on their invoices.
Technology companies of all specialties need working capital to operate and invest. When invoices aren’t being paid in a timely manner, this makes it difficult to operate. TCI Business Capital provides start-up technology companies the funds they need to operate and grow.
|Consultants||Data Management||IT Services|
|Network Administration||Software Development||Technology Solutions|
|Web Design||Many More|
Oilfield service companies know they need working capital to operate. Allow your startup to accept new contracts by getting paid same-day on your invoices with TCI Business Capital.
|Crude Haulers||Flowback Testing||Frac Sand Haulers|
|Gravel Haulers||Rig Movers||Roustabouts|
|Water Trucks||Well Servicing||Many More|
For companies that do heavy construction work, it’s no secret the start-up costs are high with the large and expensive equipment needed. New heavy construction companies need funds to operate. Accounts receivable factoring is a solution that many types of heavy construction companies turn to.
|Concrete Contractors||Crane & Aerial Lift Operators||Equipment Rental|
|Grading & Excavating||Fabrication & Welding||Heavy Hauling|
|Horizontal Directional Drilling||Trenching Services||Many More|
With expensive equipment and specialized labor, it’s difficult for utility and pipeline companies to meet their daily operating expenses. TCI provides start-up utility and pipeline companies with steady cash flow by funding on their invoices.
|Boring & HDD||Fabrication & Welding||Gas Utility Line Installation|
|Hydrostatic Testing||Pipeline Construction||Pipeline Maintenance|
|Utility Construction||Water Main Construction||Many More|
Trucking and freight companies need to purchase trucks before they can begin doing any work. With little-to-no working capital left, it makes it difficult to take on work when drivers need pay and trucks need fuel. Accounts receivable factoring allows start-up trucking and freight companies to fuel their trucks and pay their drivers with ease as they’re paid same-day on their invoices.
|Dump Trucks||Dry Bulk||Flatbeds|
|Freight Brokers||General Freight||Heavy Haul|
|Hot Shot||Reefer||Many More|
The renewable energy industry continues to grow and thrive. As the demand for clean energy and green energy increases, business and work opportunities for contractors grow as well. Accounts receivable financing is an excellent financing option for start-up companies in need of immediate cash.
|Engineering & Procurement||Site Development Services||Construction Sub-contractors|
|Operations & Maintenance||Many More|
With the increasing demand for telecom and wireless contractors, many start-up companies are on the horizon. TCI Business Capital provides working capital solutions to these companies.
|Antenna Site Maintenance||Cell Tower Construction||Cell Tower Repair|
|Data Center Installation||Fiber Optic Installation||Microwave Installation|
|Safety Suppliers||Safety Trainers||Many More|
It doesn’t matter what industry you’re in, companies of all industries need sufficient capital to meet the operating costs of their business. TCI Business Capital provides cash to start-up B2B companies in a wide range of industries.
|Service Providers||Wholesale||Many More|
Is your (800) 707-4845.