Tax problems are a common issue for many companies. A tax lien or Notice of Intent to Levy will have most business leaders in search of cash. Companies with tax liens filed against them will need cash to operate. Often these companies use invoice factoring to maintain positive cash flow.
TCI Business Capital has accounts-receivable factoring lines for companies with tax problems. Accounts-receivable financing can provide the necessary cash to resolve tax problems and keep a business operating.
Business loans and business lines of credit aren’t an option for companies with tax problems. When tax troubles arise, banks will immediately pull any lending lines. TCI Business Capital has extensive experience in working on behalf of customers to solve tax problems while providing the necessary cash to keep a business up and running.
Accounts-receivable factoring is a type of financing in which a company receives a cash advance on their accounts receivables. TCI Business Capital will provide a competitive advance on the value of the receivables. This money can be used by the client to meet whatever financial commitments they have, including tax problems. Once TCI Business Capital receives payment on the receivables from the client’s customer, the remaining balance is remitted to the client, less a small fee.
In addition to improved cash flow, TCI Business Capital provides value-added services including:
The highly knowledgeable TCI Business Capital staff has experience serving clients with tax problems. We work to customize a factoring program which can provide the cash to resolve U.S. IRS, Canada Revenue Agency, state or provincial tax issues, and provide the cash needed to fund normal business operations.
At TCI Business Capital, we know company leaders are focused on driving their business towards success. We understand that taking the attention away from the work at hand isn’t productive. We remove the hassle and red tape from the approval process. With TCI Business Capital, getting set up for accounts-receivable factoring is easy as 1-2-3.
Step 1 – Get a Quote
The initial step in securing a factoring line is to speak with a TCI Business Capital representative. We’ll discuss your cash flow situation and needs, and we’ll offer a free, no-obligation quote and approval for a factoring line. Our simple and straightforward underwriting guidelines allow most customers to receive written approvals in 30 minutes or less. All factoring approvals are customized for the specific needs of the client. We’ll work to make certain the factoring line meets your requirements.
Step 2 – Submit invoices and related documents
Once a factoring line is agreed upon, we’ll schedule your first funding. We can accommodate most schedules and offer an expedited service for those in need of immediate cash. During the setup process, we’ll walk you through the agreement and discuss your invoices and any related materials.
Step 3 – Get cash for your invoices
When the set-up process is complete, we fund you via ACH direct deposit or a wire transfer directly into your bank account. From this point forward, each time we receive your invoices, we’ll process and fund you the same day the invoices are received.
TCI Business Capital offers companies the cash they need, when it’s needed. Since 1994, companies from a range of industries and variety of services have turned to TCI Business Capital for factoring. Our industry knowledge and reputation for service have made us a leader in the factoring industry. Companies searching for an option to a line of credit choose TCI Business Capital.
Telecom & Wireless Contractors – With the continuous updating and expansion of telecommunication systems and wireless networks, there is a steady demand for contractors for services such as engineering, construction, maintenance and outside plant facilities upgrades. TCI Business Capital provides factoring for companies doing work such as cell-tower construction, trenching, fiber optic and structured cabling, network engineering, decommissioning and removals, and more. These companies use the cash from factoring to complete their projects and take on more work, enabling more aggressive growth.
Heavy Construction Operators – No matter if it’s operating an excavating company, construction management, welding or performing utility locating work, the need for cash is the same. TCI Business Capital has experience factoring for clients who do this kind of work. We understand the challenges that come with running these businesses. Factoring provides the cash heavy construction companies need to succeed.
Technology Companies –Technology companies are one of the biggest growth industries in North America. IT consultants, data management firms, network services companies and software developers use factoring to cash flow their business. At TCI Business Capital, we recognize the importance of cash flow to technology services companies.
Utility & Pipeline Companies – TCI Business Capital has experience with all types of utility projects and pipeline construction work. Pipeline contractors doing construction, inspection and rehabilitation use factoring as a source of cash. Utility contractors, and sewer and water-main construction companies have benefited from the cash flow factoring provides.
Oilfield Services – TCI Business Capital is a leader in factoring for oilfield service companies. Clients work in many segments of the exploration for and production of oil and natural gas. Oilfield services companies from the Eagle Ford Shale of Texas to the Tar Sands of Alberta use factoring as their reliable source of cash.
Trucking & Freight – Factoring for trucking fleets and freight haulers are a core part of TCI Business Capital. The knowledge and experience of our staff, along with the reputation we’ve earned for service, makes TCI Business Capital a trustworthy choice for trucking companies interested in factoring.
Renewable Energy – 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 grows as well. Accounts-receivable financing is an excellent option for companies in need of immediate cash.
Government Contractors – Winning government contracts is exciting for any business. Having the cash to perform and complete the contracts is a necessity. Factoring with TCI Business Capital provides the cash needed by government contractors to meet their deadlines. We provide fast invoice payment for federal, state, provincial and local contractors that need steady cash flow to deliver their services to all branches of government.
Staffing Agencies – Factoring has been used by staffing agencies and employment firms for years. TCI Business Capital provides factoring lines to many staffing agencies. Clerical, administration, temporary and long-term placement, and medical staffing are some of the types of agencies who have successfully used factoring lines from TCI Business Capital.
Other Industries – Apparel companies, manufacturers, distributors, printers, advertising agencies, media companies and many other businesses use factoring as their source of cash. TCI Business Capital can customize a factoring line to meet the needs of most any business.
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