Turn Your Invoices Into Cash Today
Quick Funding (24 hours)
TCI Business Capital Invoice Factoring Review
TCI Business Capital is an invoice factoring company based in Burnsville, MN. They were founded in 1994, and work in a number of industries, including agriculture, staffing, textiles, and trucking. In adition to invoice factoring they provide clients with credit reports, fuel card programs, online reporting, and more.
One of TCI Business Capital’s strongest advantages is they provide funding incredibly quickly once you factor an invoice. You can use this capital to meet payroll, invest in new technologies, or anything else that might help grow your business.
TCI Business Capital is also strong in that they have a very professional and easy to use website. Our research indicates that this is a solid predictor of the type of service customers receive, and helps them move up a bit relative to other companies we reviewed.
Finally, they provide invoice factoring services for companies in a range of different industries. As a result, they have the experience that your business needs when it comes to dealing with your specific cash flow situation.
However, there are some issues with TCI Business Capital. The first is they lack the information that businesses interested in factoring need to be able to compare their services to their competitors. As a result, we don’t have the information we need to do a fair apples to apples comparison, costing them points in our review.
TCI Business Capital also loses points because they don’t offer many of the services or features that companies interested in invoice factoring are looking for. This limits their appeal to a select group of companies, and knocks them down a bit in our review.
Finally, they have higher fees than most of the other invoice factoring companies we researched. This can be a deal breaker for many business that are looking to invoice factoring because they have a problem with cash-on-hand.
TCI Business Capital isn’t quite up to the task of being one of our top invoice factoring companies. They lack rate and fee descriptions on their site, and don’t have any remarkable qualities to offset that negative.