TCI Business Capital to Host Seminar on Accounts-Receivable Financing Options for Fort McMurray Rebuilding

CALGARY, AB--(Marketwired - Jun 9, 2016) -  TCI Business Capital (www.tcicapital.ca) announced today it will host an informational seminar in Edmonton on accounts-receivable financing for companies involved in rebuilding Fort McMurray and its surrounding areas, who may be suffering cash-flow challenges.

TCI's "Rebuilding Business" seminar will be held on Thursday, June 23^rd at the Ramada Edmonton Hotel & Conference Centre at 1183 Kingsway Avenue. This free event will start at 8 a.m. and a complimentary breakfast will be served. Space is limited and registration is available at rebuildingbreakfast.eventbrite.com

"Our goal is to help companies that need working capital to begin rebuilding in Fort McMurray. Accounts-receivable financing offers a solution to cash-flow issues that might otherwise delay the process or imperil companies doing the work," said John Snelson, Senior Vice President of Sales for TCI Business Capital in Calgary. "The seminar will help explain how accounts-receivable financing works and how it can benefit good businesses with cash-flow concerns."

TCI also recently announced that it will extend preferred rate accounts-receivable financing to companies involved in the Fort McMurray rebuilding effort.

Accounts-receivable financing, also known as factoring or asset-based lending, is the selling of accounts receivables, or invoices, to a third party for immediate cash. These cash payments can then be used for immediate needs such as labour or materials.

TCI Business Capital is a privately held financial services company founded in 1994. The company has operations in Calgary, Alberta and Burnsville, Minnesota. TCI Business Capital provides a full range of business financial services including: accounts-receivable management, asset-based lending, 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. For more information visit TCI on the web at www.tcicapital.ca.