What is Factoring?
It's no secret that cash flow is the lifeblood of every business. Accounts receivable factoring is a process that turns your accounts receivables (invoices) into cash flow by eliminating the waiting period while your invoices are paid. This process works for companies with a business-to-business (B2B) and business-to-government (B2G) model.
This provides businesses with the opportunity to have consistent cash flow for ongoing operations and additional cash reserves to fund growth opportunities. For many businesses, maintaining enough cash can be difficult, especially if a business is young or experiencing rapid growth.
United Capital Funding provides help to these businesses through factoring and gives them working capital quickly.