AR Factoring In 2020
Factoring is a form of financing that can help companies with their cash flow issues. It allows businesses to finance their invoices to increase their working capital. Cash is the lifeblood of businesses and without it, your business can’t grow. Factoring invoices provides flexibility for businesses struggling with cash flow.
How Commercial Factoring Can Benefit Your Company
When times are hard on your business, it’s time to look for an alternative. Luckily, there are several different ways to help your business in its hour of need. Thanks to the work at United Capital Funding, we’re able to help clients get their cash and use it to improve business. But how? With commercial factoring!
Factoring Finance Mythbusting!
Remember the stories we used to hear when we were kids? Creatures like Bigfoot or stories like Hercules were myths we believed… at least for a little bit. But even though we’re older now and know better, there’s still the occasional myth that we tend to believe. Specifically with real-world actualities. And — just like with any industry—there are plenty of myths associated with factoring.
Why Are Companies Selling Account Receivable?
Every business owner encounters a situation where they need more cash for operations. You can have a superior product with large profits. However, if cash flow is bad, your business will suffer. It is possible to be successful in business but still encounter cash flow issues since good cash flow is essential to running a successful business.
Need Help With Your Cash Flow?
From time to time, businesses fall short when it comes to their cash flow. This can cause problems with payroll, business expenses, or even with client acquisitions. Most businesses have accounts receivable, but it takes time to invoice clients and then collect any outstanding debt. Well, what happens when your money runs dry?
An Accounts Receivable Factoring Company For The Holidays
The holidays can be tough on small business owners. The need to meet payroll when the season is in full swing seems like an uphill battle.
We understand that your first priority is paying your employees on time, but did you know that you are less likely to receive a payment on your invoices during the Christmas period (mid-December to mid-January) as most businesses close for the season?
So what do you do when the holiday season puts strain on your stream of working capital? Well, that is when factoring comes in to play.
If you are struggling to meet your payroll obligations or need to free up some capital for expansion, call the accounts receivable factoring experts at United Capital Funding. Santa approved since our founding!
What Does An AR Factoring Company Do?
We convert invoices into capital for companies with a B2B or B2G model. The capital flexibility we provide often means the difference between permanently closing your business and thriving through the holiday season.
At UCF, we service all kinds of industries, but we specialize in the following:
Our team has served various industries with AR factoring for the last two decades. The UCF process is as easy as 1-2-3. First, submit an online application. Second, if approved, allow us 7 to 10 business days to complete the full onboarding process. Third, we verify your invoices with your customer and you get funded! It is that simple. So, what is the hold-up? Allow us to help your business today!
The United Capital difference is very clear. We are a subsidiary of Gulf Coast Bank & Trust. Meaning, we don’t use financing through third-party sources. Because of this, we are able to provide you with lower rates, compared to our competitors. In turn, we are one of the most value-added firms in the industry today.
Give UCF A Call Today!
From United Capital Funding, we would like to wish you a Merry Christmas and a joyful time with friends and family.
Ready to see the UCF difference? Give us a call at 866.647.2880 or send us a message online. This new year, plan to rise above your competition and breathe new life into your business with the help of the specialists at UCF.
Article Posted On: December 18, 2019