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.