August 17, 2021
SAINT PETERSBURG, Fla. (August 17, 2021) – Newly published data confirms that the United States’ total factoring volume dropped significantly in 2020 according to data in BCR’s World Factoring Yearbook, authored by National Sales Manager Mark Mandula and Communications Specialist Alina Hall of United Capital Funding, a commercial finance firm headquartered in St. Petersburg, Florida. […]
Read More
June 22, 2021
As most of us would agree, the current and lingering COVID-19 pandemic has altered how we live, eat, and pay our bills as consumers and SMEs. It should come therefore as no surprise that commercial banks and others who are in the B2B payment industry are focusing additional time and capital to provide online payments […]
Read More
June 17, 2021
A successful collection effort is an important component of any business. It plays a major role in the revenue cycle; not only do you have to close the sale and provide the product or service, but no transaction is complete until payment is collected. The ability to collect in full and in a timely manner […]
Read More
June 8, 2021
One of the most common questions we get asked is how does factoring differ from a bank loan or another traditional capital source. This is an excellent question and I will answer this by addressing key differences between the two in the short article. In the simplest sense, the difference between a bank loan and […]
Read More
April 6, 2021
This month, I had the pleasure of speaking directly with Fred G. Parrish, founder of The Profit Experts and co-author of The E-Myth Chief Financial Officer: Why Small Businesses Run Out of Money and What to Do About It with Michael E. Gerber. There are those of us who still hold tight to our copy of The E-Myth. For me, it […]
Read More
March 1, 2021
Mitigate Risk | Minimize Loss | Maximize Potential with Capital Plus. Renee TyackVice President of SalesCapital Plus, a division of United Capital Funding Group, LLC.Office: [email protected]
Read More
February 25, 2021
Background General description: Sporting goods manufacturing State of formation: Illinois Customer type: Retail companies Issue This company just secured a major contract for its business. This new customer was in the top ten of the Fortune 500 companies and a major entity in the retail space. Unfortunately, the terms of the contract states that the […]
Read More
February 25, 2021
Background General description:Midsized ammunition manufacturer State of formation: Florida Customer type: Government entities including the United States Department of Defense Companies that benefit from factoring of government receivables may be contractors for federal, state or county contracts. In many cases, minority and women-owned businesses and SBA 8(a) organizations are eligible to factor government receivables. When […]
Read More
February 25, 2021
Background General description:Information technology (IT) temporary staffing company Customer type:Government entities including the United States Department of Housing and Urban Development, United States Postal Service, and General Services Administration Companies that benefit from factoring of government receivables may be contractors for federal, state or county contracts. In many cases, minority and women-owned businesses and SBA […]
Read More
February 25, 2021
Background General description:Marketing & public relations firm Customer type:Government entities including the Centers for Disease Control and Prevention and Centers for Medicare & Medicaid Services Companies that benefit from factoring of government receivables may be contractors for federal, state or county contracts. In many cases, minority and women-owned businesses and SBA 8(a) organizations are eligible […]
Read More