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.
Factoring Government Contracts: How It Works
You finally landed a government contract! This is great news for your business—until you’re left waiting for the payment to actually roll in. Forget waiting! There’s another option available. Factoring government contracts can lead to more increased growth than waiting ever will. But how does the whole thing work? Where does one begin? At United Capital Funding we buy your government contracts so your business can grow.
Advantages Of Factoring Government Contracts
So, what're the advantages of factoring government contracts? Government contracts themselves can be a consistent flow of cash for your business. Even one contract can lead to more in the future. However, sometimes this money can take time to get in your hands. To address this timing issue, the biggest advantage of factoring government contracts is getting your money within days.
Additionally, during certain times such as election years, policy changes, or even government shutdowns, being paid can take some time. However, factoring government contracts helps you avoid these messy situations and lets your business continue to flourish.
How It Works
You know that factoring government contracts could be a huge advantage in your company. But how does it all work? With the help of UC Funding, there are three easy steps to the process.
- Call or apply for government invoice factoring. This is a fast and simple process. Within days, we gather the necessary information to begin fulfilling your request. After all, you deserve to have your money as soon as possible.
- We process your request. After your initial consultation, our experienced team works to process your request within a day. We have years of experience that enables us to do this quickly. If you compare us to other companies, United Capital Funding can get your approval significantly faster.
- Get approved and receive your money. Once your application gains approval, you’ll receive your money—usually within a few days. This amount can consist of about 80% of the total amount. The remaining percentage is sent to you once your client pays in full. For our services, UCF takes only a small processing fee from this amount.
We ensure all of our receivables funding is in full compliance with regulations. This, of course, includes all applicable Federal Acquisition Regulations and the Assignment of Claims Act. With our years of experience, UCF is the best option. Choose someone professional to factor your government contracts.
To begin factoring your government contracts, call United Capital Funding today. We will walk you through the application process, so don’t worry. Our specialists make sure you know what to expect and when the funds will be in your account. To begin, contact our government invoice factoring specialists today at 877-894-8232. We look forward to helping your business grow!
Article Posted On: April 11, 2019