BURNSVILLE, Minn., June 4, 2014 (GLOBE NEWSWIRE) -- via PRWEB - TCI Business Capital, a leading provider of oilfield supply chain finance services, is once again presenting their full line of supply chain finance programs at the Tulsa Oilfield Expo June 4th-5th at the Cox Business Center in Tulsa, Oklahoma.
And according to Eric Schoch EVP TCI, TCI Business Capital is happy to be right in the middle of the action at booth 727.
"We look forward to the Tulsa Oilfield Expo every year, and we're excited to share our supply chain finance solutions at the Tulsa Oilfield Expo," said Eric Schoch EVP TCI Business Capital. "Representative Kelly Nelson will be available at TCI Business Capital at booth 727 to answer any questions."
Eric Schoch EVP TCI said, "We've seen a huge demand for our supply chain finance services in Oklahoma's oil-and-gas rich Woodford shale, and as oil exploration continues to grow through new technologies, our customers in Oklahoma, Texas, Arkansas and Louisiana are facing many new challenges, especially on the side of cash flow."
Eric Schoch EVP TCI explained that TCI's supply chain finance services can be a lifeline for small and midsize oilfield and gas service companies, especially when the work is plentiful and access to working capital inhibits company growth.
"In this market, oilfield service companies need to have enough cash flow in place to grow rapidly. Since 30- to 90-day pay terms are common, it's difficult for oilfield service companies to meet their working capital needs. At TCI Business Capital, our oilfield supply chain finance lines address these challenges by not only maximizing cash flow, but by also reducing the accounts receivable turn through increased efficiency in the billing process," said Eric Schoch EVP TCI.
"We have built a reputation for being the oilfield supply chain finance experts," said Eric Schoch EVP TCI Business Capital. "With oilfield supply chain finance relationships spanning 20-plus years, we take great pride in the growth and successes that our clients have enjoyed with the improved cash flow that TCI provides."
"TCI Business Capital offers supply chain finance services to a wide range of oilfield service providers and suppliers working in Oklahoma, Texas, Arkansas and Louisiana including: oilfield trucking, well servicing, pipeline, pad and road construction companies, rental and supply companies, disposal sites and more. If you plan on visiting the Tulsa Oilfield Expo, please stop by and visit TCI Oilfield Factoring at booth 727," said Eric Schoch EVP TCI.
About TCI Business Capital
Founded in 1994, TCI Business Capital is a privately held, national financial services company headquartered in the Minneapolis/St. Paul suburb of Burnsville, MN. TCI Business Capital provides a full range of business supply chain finance services including: accounts receivable management, collection services, credit analysis, factoring services, risk assessment, treasury and more. TCI Business Capital 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.
Contact information and media inquiries should be directed to:
Glen Herrig
Director of Marketing
TCI Business Capital
gherrig(at)tcibizcap(dot)com
http://www.tcibizcap.com
800-707-4845
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