December 31, 2018
If you’re a business owner, you’re likely familiar with a variety of funding options—loans, borrowing, investing, credit, and grants. All these have positives and negatives, depending on your company’s specific needs. Factoring is another excellent option for businesses of all sizes in a variety of industries. Many companies find the downsides are very few compared to other funding sources. But how does factoring work?
Read More
December 28, 2018
As we embark on the New Year, I thought it might be a good idea to step back and quickly assess our successes and challenges and make some New Year’s resolutions for our specialized financial services firm.
Read More
December 5, 2018
Are you searching for a factoring loan? We can help you! But first, we want to tell you that a factoring loan is NOT a loan. At least, it’s not like other loans you’re familiar with. The money you get from factoring loans is YOUR money—it’s not money you’re borrowing and have to pay back. Factoring is a real business decision that can help your business operate and grow.
Read More
December 3, 2018
United Capital Funding employees recently donated over $4,000 to Folds of Honor, a national charity that provides educational scholarships to the spouses and children of the nation’s fallen and disabled military service members. This donation is part of an annual charity initiative put on by the employees of the St. Petersburg-based factoring firm.
Read More
November 13, 2018
What are you thankful for this year? People often think of their family, friends, and health. If you’re a business owner, there’s even more to be thankful for. This could include good employees, good customers, and a strong foundation. But we know it takes help and resources to create a successful business. Services such as payroll factoring help your business function and manage your concerns.
Read More
November 2, 2018
10 Reasons to consider Invoice Financing (Factoring) over traditional loans or lines of credit. 1. EASIER: Factoring often requires very little set up, with access to cash for new clients in as little as 24-48 hours. 2. FASTER: From application to funding, it can take 24 to 48 hours. 3. CHEAPER: What? Really?! How can […]
Read More
October 2, 2018
There are many organizations out there claiming to help you better run your business. Get-rich-quick schemes and snake oil salesmen are everywhere. Your business is too important to risk with false claims or bad deals. But sometimes, you are in need of increasing your cash flow. You might feel like your only options are selling equipment, letting employees go, or taking out loans. Before you take any of those steps, learn more about what a factoring company can do for you.
Read More
October 2, 2018
The first thing you need to know about factoring loans is that they are technically NOT loans. At least, not they’re not the loans you think of when you think of banks and student debt and mortgages. Traditional loans require tons of paperwork, monthly installments, and collateral. They also charge (sometimes exorbitant) interest rates. And that money can add up over time. It’s not uncommon to see the interest payments outpace the actual loan amount.
Read More
September 5, 2018
As a small business owner, you face dozens—if not hundreds!—of challenges and decisions every day. Taking advantage of growth opportunities feels impossible without the funding to support it. You know and appreciate the saying “you have to spend money to make money.” But you can’t even spend your own money because it’s tied up in accounts receivables! What’s a small business owner to do?
Read More
August 2, 2018
From time to time your business can find itself in need of more cash flow. This is true whether you’re a multi-million-dollar company or a new startup. Maybe you’re ready to expand with new equipment. Or you want to increase marketing, but your money is tied up in invoices waiting for customer payment. Selling your accounts receivables is a risk-free way to increase your liquid capital.
Read More