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TCI Business Capital factoring review

Month-to-month contracts with high advance rates — but ask about the cost before you apply.

Bottom line: TCI Business Capital is one of the few providers that offers month-over-month factoring and has advance rates as high as 90%. But it doesn’t disclose fees on its website — or much else.


Loan TermNot Stated
Advance rateTypically 90% of your invoice's value
APRNot applicable
RequirementsNot Stated


  • No long-term contract required
  • Typical advance 90% of invoices’ value
  • Factors past-due invoices as old as 45 days


  • Requires at least $50,000 in monthly invoices
  • Doesn’t publish range of available factor rates
  • Can take three days to receive first round of funds

Our take on TCI Business Capital

TCI Business Capital offers traditional invoice factoring with a few twists. Its average advance rate of about 90% is higher than I’ve found with other factoring companies, which typically offer 80% to 85% to most clients. And it offers month-to-month contracts that allow you to avoid committing to more financing than you actually need.

But it’s hard to tell if it’s competitively priced. It doesn’t disclose information about fees on its website. And I’ve found that, like any short-term loan, month-to-month contracting tends to come with a higher factor fee than lenders with year-long contract requirements.

This could still spell savings if you only need to factor your invoices once — you won’t have to pay for extra financing your business doesn’t need. But if you’re looking for long-term factoring, another company might offer a better choice.

TCI Business Capital factoring fees and terms

TCI Business Capital doesn’t disclose its rates. But traditionally, factoring companies tend to charge a fee of around 1% to 3% per month. TCI also offers month-to-month contracts, so your factoring term depends on how long you need it.

How TCI Business Capital compares to other lenders

Here’s how TCI business capital compares to two other providers that offer invoice factoring.

FundThrough is an invoice financing and factoring company. It may be a better choice for businesses with less than $50,000 in monthly invoices — which can’t qualify for invoice factoring.

Lendio is an online marketplace that can help you compare multiple offers from factoring companies by filling out a quick form on its website.

Not yet rated

Find out more

Loan amount

Month-to-month contract


Not applicable

Loan term

Not Stated


Not Stated


Finder Rating: 4.5 / 5

Find out more

Loan amount

$500 to $10,000,000


Not applicable

Loan term

1 to 3 months


Regularly receives invoices due within 30 to 90 days.

TCI Business Capital reviews and complaints

BBB accredited No
BBB rating A+
BBB customer reviews 1 out of 5 stars, based on 2 customer reviews
Customer reviews verified as of 15 June 2021

TCI Business Capital doesn’t have enough reviews to make a judgment about the customer experience you can expect. This isn’t necessarily a bad sign. But you might want to ask other business owners if they’ve worked with this company before you apply.

How to qualify

To qualify for invoice factoring from TCI Business Capital, your business must meet the following requirements:

  • At least $50,000 in average monthly invoices
  • Business-to-business company
  • Customers billed in full — not in installments

How the application works

Get started on the application by getting a quote from TCI Business Capital. You can do this over the phone by calling 866-219-4873, or by filling out a form on its website with your contact information.

Compare the rates and terms to other factoring companies before you apply to make sure TCI Business Capital is the right fit. When you’re ready, send your invoices over to TCI Business Capital and wait to receive the first part of the advance — usually around 90% of your invoice’s value.

Typically this takes around three days the first time you sign up. But after that first time, you can receive funds as soon as the same day TCI Business Capital receives your invoices. After your customers fill their invoices, you’ll receive the rest of the invoice’s value, less a fee.

What sets it apart

TCI Business Capital’s month-to-month contracts and 90% average advance rate set it apart from other factoring companies. Usually businesses are required to sign up for at least a year-long factoring contract. And many don’t offer an average advance rate quite as high.

It’s also willing to work with past-due invoices that are up to 45 days old, which isn’t the norm for a factoring company. But these types of perks tend to come with higher fees. Get a quote from TCI Business Capital in addition to other factoring companies to make sure it’s worth it.

Is TCI Business Capital legit?

TCI Business Capital is a legitimate factoring company. It’s a division of Fidelity Bank of Edina, Minnesota — not to be confused with Fidelity Investments — which is a member of the Federal Depository Institution Corporation (FDIC). And it’s offered invoice factoring to small and midsize businesses since 1994.

Compare more business financing options before you apply with TCI Business Capital.

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