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TCI Oilfield Factoring to present at 2013 DUG Permian Basin

BURNSVILLE, MN-(April 2, 2013) - TCI Oilfield Factoring, a leading provider of oilfield factoring services, is proud to announce that it will be presenting their full line of Oil and Gas Factoring programs at the DUG Permian Basin on Wednesday, April 3 and Thursday, April 4, 2013 at the Fort Worth Convention Center in Fort Worth, Texas. "We are excited to exhibit at DUG Permian Basin," said Kraig Gunwall Senior Vice President of TCI Business Capital. "I will be joining Mandi Groda, our Texas Business Development Officer, in Fort Worth. We will both be available all week at booth 442 to answer any questions."

"We're seeing a lot of changes in the industry; the challenges for our customers in the Permian Basin 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 Oil and Gas 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 Oil and Gas Factoring programs is strong" 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."

"Response to our oilfield factoring programs is 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 Permian Basin including; oilfield trucking, well servicing, pipeline, pad and road construction companies, rental and supply companies, disposal sites and more."

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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© 2014 TCI Business Capital, Inc.

TCI 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.

At TCI Business Capital, we provide our Oilfield Factoring lines to Oilfield Service companies working on the front lines of North 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.

Our Oilfield Factoring Company has distinguish itself from other financial institutions with our "Get it Done" culture. We are proud to be recognized for our reliability, flexibility, responsiveness, innovative products, customer service, and exemplary corporate citizenship.

The TCI Oilfield Factoring Company Team is active in the community as we believe in helping those in need. Over the years, our 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.

How It Works

At TCI Oilfield Factoring Company, we have separated ourselves from traditional lenders and other Factoring Companies by eliminating the customary red tape that is common in the finance industry.

Our streamlined 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 our Oilfield Factoring Company 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 accept our TCI Oilfield Factoring Company 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 with TCI Oilfield Factoring Company, we 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.

For more information call 800.707.4845, or Get Started today!

Other Services
TCI Oilfield Factoring Company provides several complementary services for our customers including:

A/R Management
Our customers are provided a dedicated Relationship Manager who is experienced at working with Oilfield service 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.

Collection Services
At TCI Oilfield Factoring Company 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.

So how do our collectors help you? Rest assured it's not by yelling at your customers. Over the years, TCI Oilfield Factoring Company has built solid relationships and are on a first name basis with the accounts payable departments of Oil & Gas companies nationwide. These close relationships have allowed us to obtain a firm understanding of all the different and often cumbersome billing requirements that are common in this industry.

Simply put, we focus on any potential problems up front thereby reducing the need to make collection calls down the road.

Credit Analysis and Risk Assessment
In today's economic climate, the need to understand and minimize risk is essential to your success. We provide this valuable service to all of our customers.

Fuel Cards and Discounts
Our Oilfield Factoring Company customers are eligible to receive free setup 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.

Treasury
Our fully automated and flexible treasury department 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.

For more information call 800.707.4845, or Get Started today!