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.
An Accounts Receivable Factoring Company For The Holidays
The holidays can be tough on small business owners. The need to meet payroll when the season is in full swing seems like an uphill battle. We understand that your first priority is paying your employees on time, but did you know that you are less likely to receive a payment on your invoices during the Christmas period (mid-December to mid-January) as most businesses close for the season? So what do you do when the holiday season puts strain on your stream of working capital? Well, that is when factoring comes in to play.
See Yourself Grow With Our Accounts Receivable Buying Company
At United Capital Funding, we understand that you want your business to prosper and we want that for you too. Our motivation is to serve you by providing growth opportunities for your business. How can we accomplish this? We provide you with cash flow to handle the day-to-day operations so you can invest in emerging areas of your industry—and for a competitively low factoring fee.
Invoice Financing For Companies Of Any Size
No matter the size or amount of workers—managing a company is pricey! You need a constant flow of cash for payroll, inventory, operations, and more. But when you’re waiting weeks or even months for a paycheck, your company feels like it’s in jeopardy. That’s why you need invoice factoring from the right factoring business.
And not just any factoring company, you deserve the best no matter if you have five employees or 500 employees. Contact United Capital Funding today and get started on your factoring.
Factoring? Is It What I Learned In Algebra?
Unfortunately, this isn’t what your math teacher meant when they said: “you’ll use this later in life.” Those new to our industry might not understand what factoring is, or how it’s alike or different from other types of factoring. You see, invoice factoring is a way to sell invoices or accounts receivables. Our company purchases these outstanding invoices from you so you don’t have to wait for you customer’s payment. Quite appealing for the modern business owner, right? Selling your invoices will get you that cash sooner, but how does it all work really?
As a client of United Capital Funding, you are free to send us invoices at any time and we can process it during regular bank hours. Our team of experts start by verifying an invoice to make sure it is clear for funding. Once an invoice is verified, we wire a large percentage (an advance) to your account, this is at least 80% of the invoice amount.
But what about the rest of it? Don’t worry, we take it upon ourselves to work as your Accounts Receivables department and service the invoice. Once your customer pays the entire invoice amount to our secure lockbox, we send you the remaining percentage (a reserve), minus our fees, then you’re done!
Throughout the process, we offer simple, low fees. As you can see, we’re far better than the industry standard. With United Capital Funding, you don’t need to worry about paying thousands of dollars in hidden fees – we provide our clients with complimentary access to secure online reporting that clearly shows your reserve amount, advance amount and all fees associated with each transaction.
And when it comes to the size of your company, we currently work with businesses that make between $20,000 to $5,000,000 a month in revenue. So when you’re looking for a factoring company for your business, find the best service at UC Funding! Apply today and get your money faster.
Apply To The Right Company For Your Invoice Factoring
Stop waiting months for your customer’s payment and apply today to start your profitable journey.
Questions? Schedule a free consultation or call us at 866.647.2680 to speak to a representative.
Article Posted On: August 01, 2019