Need Help With Your Cash Flow?
From time to time, businesses fall short when it comes to their cash flow. This can cause problems with payroll, business expenses, or even with client acquisitions. Most businesses have accounts receivable, but it takes time to invoice clients and then collect any outstanding debt. Well, what happens when your money runs dry?
How Does Factoring Work For My Company?
No matter if it’s a good time or a bad time for the economy, businesses may still need liquid capital to enhance its cash flow cycle and when you’re waiting on capital from your clients, you need that cash more than ever. Consider factoring your company’s invoices to access that capital and don’t worry if you haven’t heard of factoring before. If you’re wondering “what is factoring?” or “how does factoring work?” United Capital Funding is here to help.
From Mark Mandula: Thoughts on the COVID-19 Pandemic Part IV
As the COVID-19 pandemic continues at full strength in much of the United States, it is becoming clearer that the economic damage done by the virus will be widespread and significant. The first inkling of this unsettling fact appeared last week when an unprecedented surge in jobless claims was announced. From the prior weeks, data of 282,000 claims came the stunning news that the current weeks total was about 3.3 million. At that point, equity and other markets in the United States nearly came unglued and the optmisitic chatter was that this would be the highest claim that would occur in the COVID-19 period. Most economists and experts had predicted that the number of claims would be nowhere as high as the 3.2+ million that wa actually reported.
Loan Programs for Small Businesses Impacted by COVID-19
Small businesses are the backbone of the American economy. There is no debate that the current COVID-19 pandemic will cause significant economic harm to this critical part of our nations GDP. How important is it for small businesses in the United States to be vibrant and successful? Consider these facts about the magnitude of the role small businesses contribute to the United States economy (data from the Office of Advocacy, Small Business Administration).
The History of Factoring From A Trusted Factoring Company
So, you know about how the factoring industry operates today—but where did it all begin? Learn about the history of factoring from the specialists a United Capital Funding. We’re the factoring company you can trust with your capital.
Grow With One Of The Biggest Factoring Companies
If you’re not careful, your accounts receivables can really begin to build up. Waiting to receive your money is as good as having no money. Getting that money now can do wonders for your company, but how is that possible? Factoring of course! But there’s a lot you need to do beforehand. Finding yourself the right factoring company can be a real hassle. No need to look any further. Get help from one of the biggest factoring companies out there. Contact United Capital Funding to get what you’re owed.
What Is A Factoring Company?
As a B2B or B2G company, you could have a number of accounts receivables waiting to be paid. This is a great sign that you’re doing business, but not so great for your pocketbook. You spend months waiting and waiting for clients to send you your hard-earned money. As a result, it’s not easy to grow. You need that money now.
It’s time to do something with these accounts receivables you might not have ever thought of: sell them! But how do you start? How does it work?
- To begin, it’s time to find the best and biggest factoring company around. Luckily, United Capital Funding is the right choice for you.
- Next, you provide a copy of the invoice to UCF. No amount is too big or little for us to handle.
- Once you become approved, we pay you 80-90% of the invoice within a matter of days.
- When your client pays us in full, we pay you the remaining 10-20% balance minus a small professional fee. It’s quite a simple process!
Factoring these funds can push your company into exponential growth. Get the money you deserve today.
What Makes Us One Of The Biggest Factoring Companies?
Factoring can work for most industries, so don’t feel as if you’re out in the cold. UCF does our part by extending to multiple fields. Because we do more than one kind of factoring, we help more industries with funding. There are six of the industries we service:
United Capital Funding is a subsidiary of Gulf Coast Bank & Trust Company. Gulf Coast is an FDIC-insured commercial bank. Meaning, we don't rely on financing from outside sources and therefore, can charge you lower fees.
Get Ahold Of One Of The Biggest Factoring Companies
Help your company out today with one of the biggest factoring companies around. Call UCF toll free at 866.647.2680 to get the process started. If you rather interact online, please feel free to grab a quick quote from us. You deserve to have your money as soon as possible, so why not call UCF? We can’t wait to hear from you.
Article Posted On: April 16, 2019