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.
Thornton Factoring Companies is the Thornton 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 Thornton Factoring Companies because they need working capital, but are not able to obtain sufficient financing from their bank.
At Thornton 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 Thornton Factoring Companies customers receive written approvals in 30 minutes or less.
Thornton Factoring Companies
1550 Larimer Street, #284
Denver, Colorado 80202
We distinguish ourselves from other financial institutions with our "Get it Done" culture. At Thornton 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, Thornton 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.
Thornton 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 Thornton 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 Thornton 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 Thornton 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, Thornton 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.
Thornton Factoring Companies provides several complementary services for our customers including:
Thornton 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.
Thornton 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 Thornton 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 Thornton Factoring Companies we focus on any potential problems up front thereby reducing the need to make collection calls down the road.
Thornton Factoring Companies Credit Analysis and Risk Assessment
In today's economic climate, the need to understand and minimize risk is essential to your success. Thornton Factoring Companies provides this valuable service to all of our customers.
Thornton Factoring Companies Fuel Cards and Discounts
Thornton 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.
Thornton Factoring Companies Treasury
Thornton 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|
Thornton Factoring Companies
1550 Larimer Street, #284
Denver, Colorado 80202
The City of Thornton is a suburb of the Denver-Aurora Metropolitan area in the state of Colorado. Thornton is the sixth most populous city in Colorado and the 225th most populous city in the United States.
Thornton consisted solely of farmland until 1953, when Sam Hoffman purchased a lot off Washington Street about seven miles north of Denver. The town he laid out was the first fully planned community in Adams County and the first to offer full municipal services from a single tax levy, including recreation services and free trash pickup. Thornton was named in honor of Former Colorado Governor Dan Thornton. The Thornton Community Association (TCA) was formed in 1954 to help guide the new community's development. By the end of 1955, Thornton had 5,500 residents in over 1,200 homes. The TCA was instrumental in Thornton's 1956 incorporation as a city. *Courtesy of Wikipedia
Thornton Factoring Companies source for this information is *Wikipedia
If your business is located in Thornton and are looking for working capital, then call Thornton Factoring Companies.
Thornton 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 Thornton Factoring Companies, please call 303-816-3201
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