Stop Waiting On The Government To Pay Your Invoices
Working with the government is good business. You know the money is coming and it’s a steady stream of work. However, your company spends weeks or months waiting on a paycheck that you earned a while ago. For some, that income is necessary to keep the lights on, let alone keep employees paid. There is a way to get a majority of this money within a week.
A Merchant Cash Advance Loan: we did the math
Like a sheep in wolves clothing, the MCA product is a troubling and rapidly growing segment of the small business online lending industry today. A small business owner must be very careful and understand the true cost APR of this kind of capital. If they don’t, they run the risk of true financial Armageddon, and a wise small business owner should seek all other reputable options for capital before selecting to get a seemingly low cost, fast MCA for their small business enterprise.
Buyer Beware! How To Do Due Diligence On A Business
In the fast-paced and interconnected world of commerce and technology, the need for businesses to protect themselves has never been greater. Businesses seeking a provider for services must start a due diligence effort before signing any contractual agreements. If not, they put their own capital or employees at risk. Merriam-Webster defines the term due diligence as research and analysis of a company or organization done in preparation for a business transaction.
4 Ways to Spot a Bad Customer
It is said that one of the secrets to running a successful business is to have only great customers and to avoid the bad ones. This makes perfect sense, but is much easier said than done.
Collapse of MyPayrollHR: What should I do?
As was widely reported online and in most business-related publications, the abrupt closing of the payroll giant processor, MyPayrollHR has left small businesses and their employees scrambling in a state of financial panic. And with good reason. MyPayrollHR and its parent company, Value Wise Corporation closed last Thursday (September 5, 2019) without any warning. It shut down its website and stopped returning phone calls. The company stated that it had over “5,000 companies as clients” as of this past summer. To say this has caused trouble for their former clients would be an understatement.
Event Recap: December 2018 to January 2019
United Capital Funding ushered in the New Year appearing across the southeast United States, sharing expert advice for entrepreneurs and building relationships with local businesses. Here’s where we were in December 2018 and January 2019.
December 12, 2018 / Ocala/Marion County Chamber & Economic Partnership
Tim Johnson, a representative of the St. Petersburg-based factoring firm, spoke to a group of small business owners and innovators at a lunch and learn event, hosted by the firm. Johnson shared key insight into achieving success as a new business and how various capital options can affect a growing startup.
January 10, 2019 / FAU Tech Runway®
Mark Mandula, chief marketing officer, presented to an audience of entrepreneurs about capital options for entrepreneurs. Mandula offered practical advice on how a young business can become a good candidate to take advantage of the variety of capital options that are available to B2B and B2G businesses.
January 24, 2019 / Fort Stewart 29th National B2G Conference & Expo
Mandula and Johnson attended the national conference in Georgia, which reached a record number of government contractors. Mandula headlined two sessions at the conference and was a panelist during its well-attended lunch session. Mandula will be a speaker at the upcoming conference hosted by TTExpo in Baltimore, Maryland in late March.
January 24, 2019 / Nashville Business Incubation Center (NBIC) Annual Awards & Graduation Luncheon
Matt Perkins, senior business development officer at United Capital Funding and board chairman of NBIC, honored recent graduate and client Ken Thomas, CEO and president of ARCHANGEL Protective Services, and presented awards to other hard-working entrepreneurs including Cherelle Lans, Vision Strategy Management, with the Volunteer of the Year award, and Jimmie Johnson of Landon Development, with the Chairman’s Award. Read more about the award in the Tennessee Tribune.
The primary goal of United Capital Funding is to make an impact in businesses across the nation by providing award-winning accounts receivable factoring services and to educate entrepreneurs in the most efficient resources for their business.
To learn more about our services, visit our financial solutions page. For updated information on our events, visit our Facebook page at https://www.facebook.com/pg/unitedcapitalfunding/events/.
About United Capital Funding Group LLC
United Capital Funding Group LLC (UCF) is one of the nation’s leading providers of working capital finance, having successfully provided collateral from most Fortune 500 companies.
For more than 20 years, UCF has offered professional B2B and B2G funding through accounts receivable financing, credit insurance coverage and efficient accounts receivable management.
UCF has headquarters in Florida with offices in Tennessee and Illinois. UCF is a subsidiary of Gulf Coast Bank & Trust Company, an FDIC-insured commercial bank. For more information, please visit our website at www.ucfunding.com.
Article Posted On: February 04, 2019