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TCI Oilfield Factoring to present at 2013 East Texas Oilfield Expo

BURNSVILLE, MN-(March 5, 2012) - TCI Oilfield Factoring, a leading provider of oilfield factoring services, is proud to announce that it will be presenting their full line of factoring programs at the East Texas Oilfield Expo on Wednesday, March 6th and Thursday, March 7th, 2013 at the Maude Cobb Convention Center in Longview, Texas.

"We are excited to exhibit at the East Texas Oil Expo," said Kraig Gunwall Senior Vice President of TCI Business Capital. "Our Texas team will be represented by Bjorn Peterson and Mandi Groda, who will both be available all week at booth C4 to answer any questions."

"We're seeing a lot of changes in the industry; the challenges for our customers in Texas, Oklahoma, Arkansas and Louisiana are increasing. Today, 30 to 90-day pay terms are common. These long pay terms make it difficult for oilfield service companies to meet their working capital needs. Our oilfield factoring lines address these challenges by not only maximizing cash flow, but by greatly reducing the Accounts Receivable turn through increased efficiency in the billing process."

"Response to our oilfield factoring programs is always strong, and the East Texas Oil Expo should be no different" says Kraig Gunwall. "We're experts in the Oil and Gas Industry. Over the years we have built solid relationships and are on a first name basis with the accounts payable departments of Oil & Gas companies nationwide. These close relationships allow us to understand our customer's needs. "

"We offer factoring to a wide range of oilfield service providers and suppliers working in the Eagleford, Barnett, and Haynesville-Bossier shales including; oilfield trucking, well servicing, pipeline, pad and road construction companies, rental and supply companies, disposal sites and more. For people visiting the East Texas Oil Expo, we will be exhibiting at booth C4."

About TCI Oilfield Factoring

TCI Oilfield Factoring is the Oilfield Factoring Division of TCI Business Capital, a nationwide privately held financial services company founded in 1994 and headquartered in Burnsville, Minnesota. TCI Business Capital provides a full range of business financial services including: accounts receivable management, collection services, credit analysis, factoring services, risk assessment, treasury and more. The company is proud to be recognized for its reliability, flexibility, responsiveness, innovative products, customer service, and exemplary corporate citizenship.

Contact information Media inquiries should be directed to Glen Herrig Director of Marketing Gherrig@tcibizcap.com 800-707-4845

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More Information on Texas Oilfield Factoring

Texas Oilfield Factoring is the Oilfield Factoring division of TCI Business Capital. Since 1994, we have provided "Best in Class" Oilfield Factoring solutions to thousands of small to mid-size companies all across North America.

We provide our Oilfield Factoring lines to Oilfield Service companies working on the front lines of America's energy sector. These companies choose our Oilfield Factoring services because they need working capital, but are not able to obtain sufficient financing from their bank.

We have separated ourselves from traditional lenders and other Oilfield Factoring Companies by eliminating the customary red tape that is common in the Oilfield Factoring industry.

Our streamlined Oilfield Factoring process is simple; you send us your invoices, and we pay you for them the same day. We then collect payment from your customers. It's that simple.

Texas Oilfield Factoring customers provide a wide range of upstream, midstream, and downstream services. Our Oilfield Factoring customers work for most of the Oil & Gas companies in North America.


Contact Information

Texas Oilfield Factoring
945 McKinney Street, #617
Houston, Texas 77002
713-999-3537

Or click here to learn more


Oilfield Factoring for Oilfield Trucking Companies

We provide our Oilfield Factoring service to Oilfield Trucking companies nationwide. In this industry 30 to 90-day pay terms are standard. These long pay terms create "Cash Flow Stress" for Oilfield Trucking Companies.

Our "Easy to Set Up" Oilfield Factoring lines can ease that stress by allowing you to access the capital that is tied up in your Accounts Receivables. As a result, you will have the working capital you need to get caught up on bills, pay owner operators on time and make any equipment purchases necessary to take advantage of this once in a life time Oil & Gas boom.

What's more, with our simple and straightforward underwriting guidelines, most of our Oilfield Factoring customers receive written approvals in 30 minutes or less.

We provide our Oilfield Factoring for the following Trucking Companies:

  • Water Haulers
  • Rig Movers
  • Mud Haulers
  • Gravel Haulers
  • Hot Shots
  • Haz Mat Hauling
  • Frac Sand Haulers
  • Vacuum Trucks
  • Winch Trucks
  • Equipment Haulers
  • Flatbed Carriers
  • Crude Haulers
  • Pipe Haulers
  • Dump Trucks
  • And More
  • Whether you're a start-up just entering the Oil & Gas Industry or an established Oilfield Trucking Company, our Oilfield Factoring lines can help!

    Oilfield Factoring for Oilfield Service Companies

    We provide our Oilfield Factoring service to Oilfield Service companies nationwide. In this industry 30 to 90-day pay terms are standard. These long pay terms create "Cash Flow Stress" for Oilfield Service Companies.

    Our "Easy to Set Up" Oilfield Factoring lines can ease that stress by allowing you to access the capital that is tied up in your Accounts Receivables. As a result, you will have the working capital you need to get caught up on bills, pay owner operators on time and make any equipment purchases necessary to take advantage of this once in a life time Oil & Gas boom.

    What's more, with our simple and straightforward underwriting guidelines, most of our Oilfield Factoring customers receive written approvals in 30 minutes or less.

    We provide our Oilfield Factoring for the following Oilfield Service Companies:

  • Roustabouts
  • Wireline Services
  • Environmental Clean Up
  • Well Servicing
  • Drillers
  • Fishing Services
  • Flowback Testing
  • Tank & Pipe Cleaning
  • Pit Clean Up
  • Welding Services
  • Acidizing & Cementing
  • Plugging Contractors
  • Testing Services
  • Slickline Services
  • And More
  • Whether you're a start-up just entering the Oil & Gas Industry or an established Oilfield Service company, we can help!

    Oilfield Factoring for Oilfield Supply and Construction Companies

    We provide our Oilfield Factoring service to Oilfield Supply and Construction companies nationwide. In this industry 30 to 90-day pay terms are standard. These long pay terms create "Cash Flow Stress" for Oilfield Supply and Construction companies.

    Our "Easy to Set Up" Oilfield Factoring lines can ease that stress by allowing you to access the capital that is tied up in your Accounts Receivables. As a result, you will have the working capital you need to get caught up on bills, pay owner operators on time and make any equipment purchases necessary to take advantage of this once in a life time Oil & Gas boom.

    What's more, with our simple and straightforward underwriting guidelines, most of our Oilfield Factoring customers receive written approvals in 30 minutes or less.

    We provide our Oilfield Factoring for the following Oilfield Supply and Construction Companies:

  • Excavating
  • Road Construction
  • Scoria Pit/Suppliers
  • Pad Builders
  • Gravel Pit/Suppliers
  • Water Purification
  • Site Preparation
  • Pipeline Construction
  • Fly Ash Suppliers
  • Disposal Wells/Sites
  • Frac Sand Suppliers
  • Open Pit Suppliers
  • Equipment Rentals
  • Drilling Equip Suppliers
  • And More
  • Whether you're a start-up just entering the Oil & Gas Industry or an established Oilfield Supply and Construction Company, we can help!

    Contact Information

    Texas Oilfield Factoring
    945 McKinney Street, #617
    Houston, Texas 77002
    713-999-3537

    For more information on Texas Oilfield Factoring, please call 713-999-3537