TCI Business Capital provides small businesses with financial assistance through invoice factoring. It also offers free credit checks on new customers, full treasury services, low factoring fees, and 24/7 online reporting. In this article, we cover TCI Business Capital reviews and pricing. Ready to get started? Get a quote now.
TCI Business Capital Pricing
TCI Business Capital pricing and rates include a service fee that costs 1%-4% of the total invoices factored for a specific month. Rates vary every month, depending on the invoice amount and repayment terms. TCI can send the funds via an automated clearing house for a fee of $12.95 or through wire transfer for $19.99.
|Loan Amount||$50,000 to $20,000,000|
|Recurring Fees||1% - 4% of amount factored per month|
|Interest Rate||2% of loan amount|
|Additional Charges||$12.95 per receivable paid through ACH|
$19.99 per receivable paid through wire transfer
TCI allows small businesses to get advance cash on receivables when they need emergency funding. Its invoice factoring terms are monthly, which means you receive funds from them on a monthly basis.
Ready to get started with TCI Business Capital? Get a quote now.
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Summary of TCI Business Capital Reviews
As of the date this article was written (March 22, 2019), there are no up-to-date TCI Business Capital reviews online. If you are a past or current TCI Business Capital customer, leave a review to help other business owners who are deciding whether or not to use the company.
Top Invoice Factoring Pick From Fit Small Business
6 Best Invoice Factoring Companies: With invoice factoring, your unpaid invoices are converted into immediate cash through an advance of 80% to 90% of the total amount owed. We reviewed invoice factoring companies to find the six best factoring companies. These companies are experienced at collecting payments for small businesses with some of the best advance and discount rates in the industry.
TCI Business Capital Features
Check out the list below of some of TCI Business Capital’s features:
- Same-day cash on receivables
- Low factoring fees
- Month-to-month contracts
- Dedicated accounts receivable specialists
- Full treasury services
- Free credit checks on new and potential customers
- 24/7 online reporting
- And more
TCI Business Capital FAQs
How long does it take to get approved for invoice factoring?
Once you speak with one of TCI Business Capital’s factoring specialists and discuss your situation and cash needs, you can receive approval in as little as 15 minutes. Initial funding will be available within three business days. After your initial funding, you will be funded on the same day TCI Business Capital receives your invoices.
Do I have to factor all of my invoices?
No. You may factor some or all of your customers. For the customers you choose to factor, all invoices should be submitted.
TCI Business Capital Alternatives
Have you read these TCI Business Capital reviews and are still not sure if it’s the right fit for you? Read our reviews of all top invoice factoring companies or check out one of these three TCI Business Capital competitors.