A Business Case for Account Receivable Factoring by United Capital Funding
Accounts receivable factoring is a business tool used all around the world by many different companies. However, it is a relatively new practice in America, and common misconceptions often prevent businesses from pursuing this useful credit tool. So, what exactly is accounts receivable factoring?
Staffing With Factoring In 2020
It’s a new year and so it’s time to beef up your staff. You have your company right where you want it, but you need the talent to facilitate continued growth. Unfortunately for you, there are some outstanding invoices from clients still pending. So, what do you do? The answer is very simple. Utilize our staffing factoring services at United Capital Funding.
5 Common Financial Mistakes
Being in this business for so long, we’ve seen our fair share of financial slip-ups and mistakes. Of course, every business owner makes mistakes here and there, but some mistakes can be devastating if you’re not careful. Take charge to prevent financial disasters before they happen to your business. Get the help you need from our accounts receivable funding company.
Why Trust In United Capital For Your AR Factoring?
Deciding to get into factoring is one thing, but who to factor with is an entirely new decision! And, as with any company, you need to check out everything they offer. It’s almost like buying a new car—it’s an investment. Out of all the companies, why should you choose United Capital Funding to do your AR factoring—also known as accounts receivable? We know we offer more than other companies, but allow us to explain before you make your decision.
Payroll Factoring Done Correctly
How does a business owner turn unpaid invoices into working capital for their business? Well, the answer is called payroll factoring. Typically this financing tool advances 80% to 85% of the value of the invoices. Is this something that you feel could be beneficial to the success of your business? Then give our team at United Capital Funding a call today. Our experienced team will be happy to explain the ins and outs of the process and how we can help your business get to the next level.
How Selling Receivables Can Help Your Business Thrive
“It takes money to make money,” as the adage goes. This can be especially true if your business is new or growing quickly. Unfortunately, it’s during these situations when cashflow can be tight. Take a look at your books, do you notice a big chunk of your money tied up in accounts receivables? Selling these invoices to a third party frees up your capital so you can take your business to the next level.
Selling Receivables is an Option
Hate the idea of borrowing more money from a bank? Consider selling your invoices to a third-party commercial finance company. They can help business with open business-to-business (B2B) or business-to-government (B2G) accounts receivables. This partnership enables you to grow your business and focus on what you do best. It’s YOUR capital, you just need to access it.
You can be confident in your decision to work with United Capital Funding. We’re one of the largest U.S. specialized commercial finance businesses. We’re also a wholly owned subsidiary of Gulf Bank & Trust. We’re transparent, never charging hidden fees or penalties. Additionally, our rates are much lower compared to other factoring companies.
We know how important your business is, and want to ensure you understand the process. We’ve compiled a list of the most frequently asked questions to get you started.
Time is money. Benjamin Franklin is credited with saying this often-repeated phrase. It’s even truer today than in the 1700s when he coined it. If you’re in need of cashflow to help grow your business, you want it now. That’s why UC Funding expedites all our transactions. We pre-approve businesses within 24 hours and process funding within five business days.
Starting and running a business is difficult. UC Funding strives to make this complex process as easy as possible. We’re not a bank, so we don’t need dozens of forms—it’s just three quick steps! All you have to do to get started is fill out a simple online application. Once you sell, your clients will still make payments to you, not us, so there’s no confusion. Also, there is no monthly minimum requirement so you can finance with us only as you need to.
Help Your Business Thrive
With UC Funding helping you finance your business today, you can get where you want to be tomorrow. Call 877.894.8232 or click here to get a quick quote now.
Article Posted On: August 02, 2018