Third Coast Commercial Capital

Name

Third Coast Commercial Capital

Legal name

Third Coast Commercial Capital, Inc.

Website

https://thirdcoastcommercialcap.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Commercial Finance / Working Capital Lending

NAICS

Nondepository Credit Intermediation (5222), Credit Intermediation and Related Activities (522)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Invoice Financing & Factoring (FSAKAGAC)

akta.pro secondary industries

SME Trade Finance & Working Capital (LCs, Guarantees, Receivables) (FSABABAF), SME Business Lending (Term Loans, Lines of Credit, Overdrafts) (FSABABAB)

Keywords

• Invoice factoring services
• Asset-based lending
• Accounts receivable financing
• Working capital lending
• SMB commercial finance

Headquarters

HQ city

Humble

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others, Technology or R&D

Revenue model

1. Invoice Factoring Fees: Earn fees by purchasing and collecting accounts receivable (invoices). Business receives 90% immediate advance, factor collects full payment from customer, then releases remaining 10% minus factoring fee.
2. Asset-Based Lending Interest and Fees: Provide revolving credit facilities secured by accounts receivable, inventory, and equipment. Earn interest on drawn amounts with flexible terms and faster approval than traditional bank loans.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Third Coast Commercial Capital provides invoice factoring and asset-based lending services to small and medium-sized businesses that have difficulty obtaining traditional bank financing. Under factoring, the company purchases outstanding invoices and advances a high percentage of face value immediately; under asset-based lending, it extends revolving credit collateralized by receivables, inventory, and equipment. Services are bundled with a 24/7 online client portal, dedicated account managers, credit research, and collection assistance.

Product overview

Third Coast Commercial Capital offers a unified financial services platform centered on accounts receivable financing. The core offerings consist of two complementary products: Invoice Factoring (which provides immediate cash advances on outstanding invoices, typically 90% upfront) and Asset-Based Lending (which converts accounts receivable, inventory, and equipment into credit facilities). Both services are supported by a 24/7 online client portal for real-time account management. As a bank-owned lender (wholly owned subsidiary of Third Coast Bank SSB), the company provides competitive rates and flexible structures with access to SBA and commercial bank lending options through its parent organization.

Differentiator

Problem solved

Functional benefit

Products and services

• Invoice Factoring Invoice factoring service that purchases outstanding customer invoices from businesses and advances a high percentage (typically 90%) of face value on the day of submission, with the remainder (net of fee) remitted upon customer payment. Targeted at SMBs that need immediate cash flow in place of waiting 30-60 days for customer payments.
• Asset-Based Lending Collateral-based revolving credit facility for businesses, with advances of up to 80% on eligible accounts receivable and 50% on eligible inventory. Includes borrowing base monitoring, flexible draw capabilities, and faster approval than traditional bank loans. Designed to fund working capital, growth, and acquisitions for SMBs.
• Accounts Receivable Financing Working capital solution in which TCCC purchases and manages a company's accounts receivable, providing immediate cash tied up in unpaid invoices and ongoing receivables management. For SMBs that need to unlock working capital and take advantage of new business opportunities.

Quantifiable outcome

• 90% immediate advance on invoice value on same day of submission
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Triumph Business Capital: Triumph Business Capital provides factoring and asset-based lending to SMBs across transportation and other industries. Directly comparable to TCCC in product mix (invoice factoring, ABL), target customer (SMB/mid-market), and revenue model (transaction fees on receivables).
• Porter Capital: Porter Capital is an invoice factoring company providing working capital solutions to SMBs across the Southeast U.S. Highly comparable in product offering (factoring, AR financing), customer profile (SMBs needing working capital), and regional focus similar to TCCC's Texas base.
• Riviera Finance: Riviera Finance provides accounts receivable financing and factoring to small and mid-sized businesses. Directly comparable to TCCC across factoring products, SMB target market, and relationship-driven sales model; operates with broader geographic reach but similar product economics.
• eCapital: eCapital provides factoring, ABL, and working capital lines to SMB and mid-market companies. Comparable product suite (factoring + asset-based lending), similar customer profile, but operates at significantly larger scale across broader geographies.
• TBS Factoring: TBS Factoring offers accounts receivable factoring and invoice financing for SMBs. Closely comparable to TCCC in product mix (invoice factoring), target customer (small to mid-sized businesses), and relationship-driven service approach.

Emerging players

• AltLine (by Fundbox): AltLine partners with banks to provide ABL and invoice factoring solutions to SMBs. Similar bank-affiliated model and product suite to TCCC, but uses a partnership network to reach clients digitally rather than direct sales.
• BlueVine: BlueVine is a fintech providing invoice factoring and lines of credit to SMBs via a digital platform. Competes with TCCC in the same SMB factoring market but through a fully online model with different cost structure and faster onboarding.
• Fundbox: Fundbox provides working capital solutions including invoice-based financing to small businesses through digital channels. Comparable SMB focus and invoice-based product, though predominantly tech-driven rather than relationship-driven like TCCC.

Broad incumbents

• White Oak Commercial Finance: White Oak Commercial Finance provides asset-based lending, factoring, and lender finance solutions across multiple industries. Overlaps with TCCC in factoring and ABL but operates as a larger, more diversified platform with broader industry coverage.
• CIT Group: CIT Group is a large commercial finance company providing factoring, lending, and treasury services. While it offers competing factoring and ABL products, it serves larger mid-market and enterprise customers with a much broader product portfolio than TCCC's SMB focus.

Market position

Strengths5 records

Weaknesses1 record

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/third-coast-commercial-capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Third Coast Commercial Capital