In today's economy 30 to 90-day pay terms are standard. These long pay terms can create "Cash Flow Stress" to growing companies.
Our specially designed Factoring Lines can ease your stress by allowing you to access the capital that is tied up in your accounts receivables. What’s more, Set-up is as easy as 1-2-3.
South Dakota Factoring Companies is the South Dakota Factoring division of TCI Business Capital . Since 1994, we have provided "Best in Class" Factoring solutions to thousands of small to mid-size companies throughout North America.
Our customers work on the front lines of America's growth sectors. These companies choose South Dakota Factoring Companies because they need working capital, but are not able to obtain sufficient financing from their bank.
At South Dakota Factoring Companies our "Easy to Set Up" Factoring Lines solve this problem by allowing our customers to access the capital that is tied up in their accounts receivables. What's more, with our simple and straightforward underwriting guidelines, most South Dakota Factoring Companies customers receive written approvals in 30 minutes or less.
South Dakota Factoring Companies
We distinguish ourselves from other financial institutions with our "Get it Done" culture. At South Dakota Factoring Companies, we are proud to be recognized for our reliability, flexibility, responsiveness, innovative products, customer service, and exemplary corporate citizenship.
We are active in the community and believe in helping those in need. Over the years, South Dakota Factoring Companies support has been focused towards school-aged children, wounded veterans, countries hit by natural disaster, and victims of domestic violence. We take pride in supporting various organizations that share the belief that it is our duty and responsibility to help improve the lives of others.
South Dakota Factoring Companies has separated itself from traditional lenders and other Factoring Companies by eliminating the customary red tape that is common in the Factoring Industry.
At South Dakota Factoring Companies our 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.
Set up is as easy as 1-2-3
Step 1 - Get Quote
Call and get a free, no-obligation quote and approval from one of South Dakota Factoring Companies Factoring specialists. Our simple and straightforward underwriting guidelines allow most customers to receive written approvals in 30 minutes or less.
Step 2 - Submit Invoices and Related Documents
Once you are approved by South Dakota Factoring Companies and accept our proposal, we will schedule your first funding. We can accommodate most time tables and even offer an expedited service for those in need of immediate cash. During the setup process, we will walk you through the agreement and have you send in your invoices and any related documents.
Step 3 - Get Paid for your invoices
That's it! Now that you are set up, South Dakota Factoring Companies will either Wire or ACH the money directly into your account. From this point forward, we will pay you the same day we receive your invoices.
South Dakota Factoring Companies provides several complementary services for our customers including:
South Dakota Factoring Companies customers are provided a dedicated Relationship Manager who is experienced at working with growing companies. This Relationship Manager will assist you in a wide range of services including: integration with billing software, Invoice handling, image archiving, payment posting and comprehensive account reporting available 24/7, through our secure online system.
South Dakota Factoring Companies Collection Services
We value the relationships you have with your customer's; they should not have to deal with unpleasant or disrespectful collection calls. The fact is that if you work for customers with good credit and submit invoicing to them in an acceptable manner, they will pay you within terms.
Over the years South Dakota Factoring Companies has built relationships with over 40,000 companies nationwide. These relationships have allowed us to learn most of the invoicing roadblocks that keep businesses from getting paid on time.
So how do our collectors help you? Rest assured it's not by yelling at your customers. It's actually the exact opposite. Simply put, at South Dakota Factoring Companies we focus on any potential problems up front thereby reducing the need to make collection calls down the road.
South Dakota Factoring Companies Credit Analysis and Risk Assessment
In today's economic climate, the need to understand and minimize risk is essential to your success. South Dakota Factoring Companies provides this valuable service to all of our customers.
South Dakota Factoring Companies Fuel Cards and Discounts
South Dakota Factoring Companies customers are eligible to receive free set-up to the 24-7 Fuel Card. This Fuel card is available for use at over 8000 locations nationwide and offers users significant discounts at major fuel centers nationwide.
South Dakota Factoring Companies Treasury
South Dakota Factoring Companies has a state of the art, fully automated and flexible treasury department that allows you to decide how you want your funds transferred on a daily basis. Funds can be dispersed via: Wire, ACH, to a Fuel Card account and more.
|Oilfield Services||Trucking & Logistics||General Industries|
South Dakota Factoring Companies
*South Dakota is a state located in the Midwestern region of the United States. South Dakota is named after the Lakota and Dakota Sioux American Indian tribes. Once a part of Dakota Territory, South Dakota became a state on November 2, 1889. South Dakota has an area of 77,116 square miles and an estimated population of just over 800,000. Pierre is the state capital and Sioux Falls, with a population of nearly 160,000, is South Dakota's largest city.
South Dakota is bisected by the Missouri River, dividing South Dakota into two geographically and socially distinct halves, known to residents as "East River" and "West River". Eastern South Dakota is home to most of the state's population, and fertile soil in this area is used to grow a variety of crops. West of the Missouri, ranching is the predominant agricultural activity and the economy is more dependent on tourism and defense spending. Historically dominated by an agricultural economy and a rural lifestyle, South Dakota has recently sought to diversify its economy to attract and retain residents.. South Dakota's history and rural character still strongly influence the culture of the state.*Source-Wikipedia
South Dakota Factoring Companies source for this information is *Wikipedia
If your business is located in South Dakota and are looking for working capital, then call South Dakota Factoring Companies.
South Dakota Factoring Blog & News
Why Oilfield Water Haulers are Extremely Important for the Oil & Gas Industry
The oil patch needs water haulers - a typical drilling operation produces vast amounts of salt water and waste fluid by-products that need to be removed and disposed.
Oilfield water haulers use vacuum-equipped tanker trucks to transport waste fluids away from drilling sites to regulated, approved drilling and disposal sites.
But, water haulers don't just haul water; they're often required to handle multiple duties on a daily basis. Oilfield water haulers are often responsible for filling out tickets and locations, assembling paperwork such as timesheets, water tickets, and keeping accurate records of loads.
More importantly, a water hauler must be versatile. Oilfield water haulers are usually required to do some light lifting, and all professional water haulers need to make sure that trucks are maintained and in good working condition. Often, vac pumps must be greased and oiled, oil, tires and hoses are fitting daily.
Oilfield Water Hauling Evolves from Hydraulic Fracturing
Increasing a well's production isn't a new idea. Hydraulic fracturing entered the oil industry as early as 1949, just not in the same form as it is today. Starting with America's earliest oil discoveries, early oil exploration companies used dynamite or nitroglycerin detonations to increase a well's production. But by 1990, Pennsylvania's Otto Cupler Torpedo Company was the last to send liquid nitrogen in an oil well. Today, hydraulic fracturing is used in the majority of U.S. oil and natural gas wells to enhance well performance, minimize drilling and recover inaccessible resources - as much as 90% of all wells in operation have been fractured, boosting production greatly in tight gas sands and shale deposits.
Oilfield Water Hauling Takes Off in the Oil Patch
With the recent prominence of hydraulic fracturing in the oil and natural gas fields, oilfield water hauling has quickly become an integral component of the oilfield industry. Hydraulic fracturing is highly dependent upon the importance of oilfield water hauling: water is used during the initial drilling process, as well as the subsequent fracturing processes. Mixed with clay and other chemicals, the water delivered by water trucks is used to carry shale cuttings to the surface for disposal.
The water supply delivered through water hauling is also critical to the lubrication and cooling of the drill bit. When fracturing the shale, water haulers deliver supply that is injected into the shale at incredibly high pressures, thus creating a series of thin cracks that release trapped sources of natural gases and petroleum. These important water supplies are transported by water trucks that deposit their loads in impoundments or tanks for storage prior to its consequential use.
What Equipment do Oilfield Water Haulers Use?
The emerging field of water hauling means the necessary development of new equipment and technology. Water haulers operate with a vacuum pump mounted on the tractor behind the cab. On average, the standard oil patch vacuum semi-trailers are 120 barrel units, and require strong, durable underpinning to survive the overwhelmingly treacherous terrain of an oil patch. Using over the road tractors in this geographical climate is risky, and threatens to harm the integrity of the driver's vehicle and equipment: axels and springs intended for over the road use are vulnerable to snapping and breaking when introduced to an oil patch's topography.
Additionally, water hauling drivers are equipped with heavy-duty hoses specifically designed for water hauling, and thus capable of enduring the immense pressure necessary in the process of hydraulic fracturing. These preparations to equipment and vehicle alone are not sufficient for successful water hauling: instead, any individual hoping to undertake the process of water hauling must first undergo comprehensive training.
The water supplies carried by water haulers come from a diverse range of sources, including creeks, rivers, lakes, groundwater, and discharge water from industrial plants. At other times, water hauling trucks may indeed reuse fracturing water from prior projects.
How Successful Oilfield Water Hauling Companies Grow
Running a successful oilfield water hauling isn't easy. With the ups and downs of oil pricing, as well as the competitive nature of the oilfield industry, oilfield water haulers need to assert themselves aggressively to grow. And though many oilfield services provider market their services and their companies differently, the most successful oilfield water haulers have one thing in common - fast, affordable access to working capital. Without a steady flow of cash, oilfield water hauling companies run into difficult situations where they need to hire employees or purchase equipment without the necessary financial means. Often, water haulers turn to factoring (or accounts receivable financing) for business growth. Unlike a traditional bank loan, factoring doesn't tie your company into a limit or a capped amount of financing. With factoring, the amount of money you can finance grows as your receivables grows. That means the more successful you are, the more immediate access to steady cash you will receive.
If you're looking to take your oilfield water hauling business to the next level, consider factoring with TCI. Our dedicated staff is ready and waiting to get your oilfield water hauling business on track. Call 800.707.4845 to learn more.
For more information on South Dakota Factoring Companies, please call 605-593-5191
South Dakota Factoring Company| Factoring Companies in South Dakota| Factoring Company in South Dakota| South Dakota Factoring Business| Factoring Business in South Dakota| South Dakota Factoring Service| Factoring Service in South Dakota| South Dakota Factoring Program|Factoring Program in South Dakota| South Dakota Factoring Receivables| South Dakota Receivables Factoring| South Dakota Factoring Companies for Trucking| South Dakota Factoring Companies for Transportation| South Dakota Factoring Companies for Oilfield Services| South Dakota Factoring Companies for Oil and Gas| South Dakota Factoring Companies for Business| South Dakota Factoring Company for Trucking| South Dakota Factoring Company for Transportation| South Dakota Factoring Company for Oilfield Services| South Dakota Factoring Company for Oil and Gas| South Dakota Factoring Company for Business| South Dakota Account Factoring| South Dakota Accounts Receivable Factoring| South Dakota Business Factoring| South Dakota Factoring Services| South Dakota Receivable Factoring| South Dakota Small Business Factoring| 24-7 Fuel Card| Sitemap| Terms & Conditions| Contact Us