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Accounts Receivable Financing

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We commonly find that there is confusion between Factoring and Accounts Receivable Financing (AR Financing), which is also called Asset Based Lending since your Accounts Receivables are the assets you use as collateral for your financing. Accounts Receivable Financing or Asset Based Lending is what Tricom Funding offers. We've broken down the differences so you can better understand your financing options: FactoringThere
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Tricom India Limited

Safed Pool, Pune, Maharashtra
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We commonly find that there is confusion between Factoring and Accounts Receivable Financing (AR Financing), which is also called Asset Based Lending since your Accounts Receivables are the assets you use as collateral for your financing. Accounts Receivable Financing or Asset Based Lending is what Tricom Funding offers. We've broken down the differences so you can better understand your financing options:  FactoringThere are two different types of Factoring staffing relationships: Recourse and Non-Recourse. A Recourse relationship means that the staffing company accepts the financial risk of the receivables. A Non-Recourse relationship means that the Factor accepts 100% of the accounts receivables' financing risk.  Benefits of a Factor relationship include: 
  • A faster underwriting process
  • More flexibility than bank financing
  • Company or owner financials and personal guarantees are not necessarily required
  • Customers' credit is usually the determining factor in credit availability
  • Owners do not have financial risk of the receivables in a Non-Recourse relationship
  • No concentration limits

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Company Details


About the Company

Year of Establishment1990
Legal Status of FirmLimited Company (Ltd./Pvt.Ltd.)
Nature of BusinessService Provider
Number of Employees51 to 100 People
Annual TurnoverRs. 25 - 50 Crore
IndiaMART Member SinceAug 2006
GST27AAACT2807R1ZX
Tricom Funding was founded in 1989 by a group of staffing industry professionals who felt that there was a better way for staffing companies to receive the payroll financing, payroll processing and back office administrative services they needed. They were right.The result is Tricom Funding. We only work with staffing companies and have been around long enough to understand the unique ups, downs, challenges and opportunities that the staffing industry faces. Because of our history and knowledge of the industry, we're better prepared to offer staffing company owners the services and resources they need to reach their short and long-term goals. As evidence of our commitment, we are active members of numerous national and state staffing associations.It's because of this focus on the staffing company owner and their needs that 99% of Tricom clients remain with Tricom Funding. We take the time to learn about your staffing business and your goals, and then craft solutions based on what you need. Every single person you interact with at Tricom Funding has that same focus: our number one priority is building a relationship based on trust and integrity.That means responding to your questions within minutes, not days. It means clients being able to reach every level of management on the phone. It means having a Help Desk staffed with professionals ready to take care of nearly any detail you need, from 7 am to 7 pm CST. It means offering industry-specific expertise such as government contracts, IT, startups and more. It means conducting internal audits to ensure every one of your pennies is correctly accounted for. It means being straightforward in our programs, our contracts and our promises.It also means that as your partner we are constantly on the lookout for ways to keep you informed of news, legislative updates and trends that may impact your staffing business. Please see our Resources page for more information on our free webinars, legislative news, event calendar and more.The bottom line is that our word is only as good as how we stand behind it. And you'll find that everyone at Tricom Funding proudly stands behind the services and resources we offer.Our clients agree. Visit our Clients & Colleagues page to see more about what they have to say about working with Tricom Funding. They talk about how our flexibility has allowed them to jump on new opportunities for growth, about how our accuracy gives them peace of mind, about how working with Tricom is a partnership and about how our resources make their jobs easier.We hope you'll join them and enjoy the benefits that come with partnering with Tricom Funding.
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Seller Contact Details

Ashok B

Tricom House, Gandhi Estate, Safed Pool, Andheri Kurla. Road
Safed Pool
Pune - 411009, Maharashtra, India

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