Our understanding of the Oil exploration and production industries sets us apart from other factoring companies
Burnsville, MN (PRWEB) September 15, 2014
TCI Oilfield Factoring, one of North America’s leading oilfield factoring companies, will once again be exhibiting at the 2014 DUG Eagle Ford conference, in San Antonio TX, from September 16 – 17. The DUG Eagle Ford conference is taking place at the Henry B. Gonzalez Convention Center. Greg DeBenedetto, Senior VP, Business Development for TCI Oilfield Factoring, will be available each day at booth #9086.
“It’s a great time to be involved in the oil and gas exploration industry in Texas,” says Greg DeBenedetto. “The Eagle Ford Shale has great potential for new exploration. With the opportunities in the Eagle Ford, we have seen a huge demand for Oilfield factoring services in Texas. As oilfield service providers continue to grow and expand, many are facing many new challenges, especially on the side of cash flow. 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. Working capital lines from oilfield factoring companies like TCI Oilfield Factoring address these challenges by not only maximizing cash flow, but also by greatly reducing the Accounts Receivable turn through increased efficiency in the billing process.”
“At TCI Oilfield Factoring, we’ve built a solid reputation as one the leading oilfield factoring companies in North America,” says Greg DeBenedetto. “Our understanding of the Oil exploration and production industries sets us apart from other factoring companies. With many factoring relationships spanning years, we’re happy to share not only our experience, but also our insights into the successes that our clients have enjoyed with the improved cash flow that TCI Oilfield Factoring provides.”
To learn more about the difference between TCI Oilfield Factoring and other factoring companies, or to speak with Greg DeBenedetto at the DUG Eagle Ford conference visit booth #9086, or contact:
Senior VP Business Development
12270 Nicollet Ave South
Burnsville, MN 55337
About TCI Oilfield Factoring
TCI Oilfield Factoring is the oilfield factoring division of TCI Business Capital. Founded in 1994, TCI Business Capital is a privately held, international financial services company based in Burnsville, MN. 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. TCI assists Oilfield Service and Supply Providers throughout North America. The company is proud to be recognized for its reliability, flexibility, responsiveness, innovative products, customer service, and exemplary corporate citizenship.