Selling Receivables vs. Loans: The True Winner
Life is a bunch of twists and turns. One moment your business could be on top of the world, and the next you’ve never been lower. Especially when you’re stuck waiting on your paycheck for weeks or months, paying the bills seems impossible. At this point, most people would consider a loan. Although, this isn’t the only option!
Choosing An Accounts Receivable Company
As a growing business (in the B2B or B2G realm), you know it can be difficult to expand with a slow source of income, but relying on payment for accounts receivables does not mean that you have to wait for your money.
Factoring Finance Saves Businesses?
Who would have thought you’d be struggling to pay your workers even though business is booming? It’s actually a common problem many have when their revenue comes from accounts receivables. Your client’s check is coming months from now, but your employees need their money now!
Florida-based commercial finance firm unveils innovative platform
Commercial finance firm, United Capital Funding, unveiled a new reporting platform this month to its clients. The reporting platform, Cadence, is the latest addition of cutting-edge features that mark the finance firm’s continued commitment to client-centric offerings.
Utilizing Commercial Factoring In B2B Companies
As a B2B, or a business providing a product and or service to other businesses, you rely on payments being made on time. But the reality is that sometimes you can be waiting for payment for who knows how long. This isn’t an ideal strategy for a growing company.
Selling Receivables Is Great For Your Business
Starting, maintaining, and growing a business is hard work. It can be even harder when you’re left waiting for months for the money you’re owed. Time is money, so what are you meant to do? United Capital Funding firmly believes that selling receivables helps your business tremendously.
But where do you start? Where’s the benefit? We understand your concerns. Business decisions concerning your money can be scary. However, it’s a rather simple process. Let’s break it down for you.
What Are Accounts Receivables?
With business-to-business (B2B) or business-to-government (B2G) dealings, it often takes a while to get your money. These outstanding invoices that you’re waiting on are called “accounts receivables.” And waiting can be so frustrating! It’s your money that you’re owed, why should you have to wait for it? But wait! You have another option!
Selling Receivables And Why It Works
Selling receivables allows you to access your money sooner rather than later. Make the choice to sell these invoices to a third-party commercial finance company. Not only does this give you your money sooner, but also gives you more freedom. Freedom for what? Growing your business of course! Instead of waiting weeks—or even months—for your money, your growth can happen faster. After all, time is money.
By selling your accounts receivables to UCF you’ll have most of your money within a matter of days. It almost seems too good to be true—but believe it!
Using UC Funding
United Capital Funding is a third-party commercial finance company. Using us ensures you get your money fast, instead of waiting on your clients for months.
Since UCF isn’t a bank, you won’t have to fill out tons of forms in our process. It’s only three steps! Also, there’s no need to worry about any confusion. Additionally, there’s no monthly minimum requirement, so you can finance with us as you see fit.
UCF prides ourselves on our transparency. You’ll never encounter a surprise or added fee. This is on top of our rates being much lower than the competition as well. Using UCF, you know you’re getting more even though you’re spending less!
Within days of applying, you’ll be paid about 80% of the value of your accounts receivables. Once the customer pays the invoice, we’ll pay you the balance, minus a small service fee. There are no loans and no interest, so no headaches for you later!
United Capital Funding is a leading provider of working capital finance. Our B2B and B2G clients can flourish when they decide to sell their accounts receivables. To begin your journey with UCF, get a Free Consultation now or call us at (877) 894-8232. UCF has been a leading provider of working capital finance in the U.S. for over twenty years—we want to continue helping businesses like yours for another twenty and more!
Article Posted On: April 08, 2019