4 Ways to Spot a Bad Customer
It is said that one of the secrets to running a successful business is to have only great customers and to avoid the bad ones. This makes perfect sense, but is much easier said than done.
Collapse of MyPayrollHR: What should I do?
As was widely reported online and in most business-related publications, the abrupt closing of the payroll giant processor, MyPayrollHR has left small businesses and their employees scrambling in a state of financial panic. And with good reason. MyPayrollHR and its parent company, Value Wise Corporation closed last Thursday (September 5, 2019) without any warning. It shut down its website and stopped returning phone calls. The company stated that it had over “5,000 companies as clients” as of this past summer. To say this has caused trouble for their former clients would be an understatement.
Why Choose AR Factoring For Your Business?
Accounts receivables (AR) are about as useful as a check you can’t cash out. Waiting to get your money is the name of the game in many industries, but that doesn’t mean it’s easy. But why shouldn’t you get that money sooner? It’s your money after all!
Why Small Business Invoice Factoring Is The Right Choice
Bills are everyone’s worst nightmare. Especially when the money for those bills is MIA. It’s also an unfortunate truth for many small businesses—invoice payments often come in weeks or months later and it’s hard to keep up. But what are you going to do about the bills you have right now?
Florida-based Commercial Finance Firm to have Expert Speak at International Conference
Tampa, FLA (August 22, 2019) – United Capital Funding Chief Marketing Officer Mark Mandula will represent the commercial finance firm at WOA’s inaugural convention in Belgium. The conference will start on Tuesday, October 7, 2019 and is a two-day event that offers networking and educational opportunities to professionals in the finance industry. The theme of the conference is “A World of Opportunities.”
How Accounts Receivable Financing Companies Can Help
Accounts receivable financing at first glance sounds like a tricky topic. While it can be complicated it boils down to a simple fact that companies often need more cash than they have on hand. Accounts receivable financing helps companies who need their invoices paid so they can pay their employee and have cash on hand for miscellaneous company business. This type of financing is very beneficial to companies who need working capital and can’t afford to wait until their invoices are paid, or something never paid. United Capital Funding can help you turn your invoices into working capital so you can continue business operations.
Gain Working Capital
One of the biggest drivers of business is cash flows. You need a healthy cash flow to run your business. Sometimes you create products and send them out with an invoice attached. These invoices do not always get paid right away. Instead of waiting for these invoices to get paid in 30, 60 or even 90 days, accounts receivable financing allows you to get cash for those invoices almost right away. That way you can continue your business operations as scheduled. United capital funding gives you more flexibility than a loan to ensure the future of your company.
Generate New Business
Instead of worrying about how you are going to pay your employees and other bills, you could be spending that time on new business endeavors. Having good cash flows allows you to focus your energy on creating new opportunities. United Capital Funding allows you to do just this through accounts receivable financing. We make it simple for you to get through the approval process and have working capital within a few days. Loans can take a long time to get approved, but United Capital Funding can get you cash for your invoices in almost no time.
Accounts Receivable Financing vs. Loans
You might be wondering what the difference is between accounts receivable financing and a loan is. Well, one of the biggest differentiators is the amount of time. United Capital Funding has the ability to get you cash to run your business within a few days. Loans have a long approval process and by the time you get the money, it could be too late. This is just one of the many advantages of accounts receivable financing.
Let United Capital Funding Help
Our goal is to make this process as simple as possible for you to get what you need. Give us a call today at 877.894.8232 or receive a quick quote online to see what United Capital Funding can do for your business.
Article Posted On: March 31, 2018