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.
Terms To Know From A Factoring Finance Company
No matter if you’re new to business or have been around for a while, everyone needs a refresher every once in a while. And we know, financial business terms can be hard to grasp onto sometimes. But that’s why we’re here! At United Capital Funding, we’re ready to help as much as we can as your choice factoring finance company. Let’s get to it and review those terms!
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.
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