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.
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.
Payroll Factoring: How Selling Your Accounts Receivables Leads To Success
From time to time your business can find itself in need of more cash flow. This is true whether you’re a multi-million-dollar company or a new startup. Maybe you’re ready to expand with new equipment. Or you want to increase marketing, but your money is tied up in invoices waiting for customer payment. Selling your accounts receivables is a risk-free way to increase your liquid capital.
Cash Flow Concerns
Cashflow concerns often affect small or medium-sized businesses (SMBs). New businesses or those experiencing a large amount of growth also often need help. Also on the list: companies providing business-to-business (B2B) and business-to-government (B2G) services. These clients can take longer to pay you, but we believe you shouldn’t have to wait to get paid for work you’ve already completed.
In our years of experience, we’ve seen this happen often with security guard companies. To remedy this problem, third-party commercial finance companies offer payroll factoring.
Payroll factoring buys you time so you can pay your employees while supporting the other aspects of your business. You should consider a factoring company as a partner because we’re more than a third-party vendor.
How To Get Payroll Factoring Success
Get a quick, free quote. You might have heard the saying that the first step is always the hardest. That’s not the case here! In fact, all our steps are pretty easy. Getting a fast and free quote is as easy as clicking here and filling out a short form.
Get approved. Once you fill out the form, someone will be contacting you about your application. Or, you can call us at 877-894-8232. Our process only takes 24 hours so you’ll know soon when you’ll be getting your funds. We disclose all our fees before we make any payments so you’ll know upfront exactly the costs of our services. There are never hidden fees or added costs at UC Funding. Once approved, UC Funding purchases your accounts receivables. This means we’ve assumed responsibility for collecting the payments, so you no longer have to worry about them.
Get paid. Forget the waiting periods that can last as long as 90 days. Corporate and government clients can take much too long to pay their invoices. This can delay your business growth. UC Funding will get you your cash flow within five business days. We start with 80% of the invoice and when it’s paid in full, we give you the rest minus our small fees.
Get to work. Unlike other factoring companies, UC Funding doesn’t require long-term contracts. We can go month-to-month as you need us. And remember—this is not a loan. You’re getting paid for work you’ve already done, not borrowing against future services. There are no compounding interest fees or confusing repayment plans. And—most importantly—there’s no risk. You can continue doing your work and growing your business.
For more than 20 years, UC Funding has partnered with security guard staffers. We’ve earned the trust of our clients as well as the industry. We see each of the businesses we work with as a relationship, not a transaction. On average, our clients stay with us for five years or more, much longer than industry standards. We prioritize lasting partnerships so we can see your business grow together. Contact us to learn how we can partner and help your business thrive.
Article Posted On: August 02, 2018