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.
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! More and more companies are selling receivables as an alternative, but which is truly better? Take it from the professionals, we know who the true winner is. And by the time we’re done, so will you.
Selling Receivables Are NOT Loans!
If you’re an avid reader of our blog, you know we’ve said this in the past. Namely, How a Factoring Loan is NOT a Loan. If you’re new, let’s summarize. Although, don’t get us wrong. Loans are a wonderful resource that has helped out many, many people. But loans also have their downsides.
Loans often feel like a last resort, a struggle for money that leaves you feeling more confused than before. Then interest follows you like a dog nipping at your heels and as time goes on, it feels endless. Selling receivables aren’t like this. And if you’re a B2B or B2G company, United Capital Funding is here to help!
Okay, So How Does Selling Receivables Work?
If you’re new to the field, you probably aren’t sure about what a ‘receivable’ is. Specifically, we're referring to accounts receivables, the outstanding invoices waiting for payment. And you know, waiting on this money can take a long time. Usually, weeks or even months of waiting to see a dime. This way of running a business can go south in a money struggle. But as a factoring company, that’s where we come in.
UCF has a very specific and simple role. We buy these accounts receivables, which helps your business profits. By selling us your accounts receivables, you don’t have to wait on that money anymore. We take the copy you give us and give you at least 80% of the cash. Working as your accounts receivables department, we’ll handle the rest by having your client pay us. Once the bill is paid in full, you’ll receive the remaining amount minus our fee.
In the end, there’s no hidden fees, and you don’t have to keep paying off a stubborn loan. That sounds like a knockout!
Selling Receivables With UCF
Selling receivables will save you in a pinch and it’s the gift that keeps on giving. Stop panicking about money and factor your accounts receivables with United Capital Funding. If you have any questions for us beforehand, call us at 866.647.2680 or send an email to email@example.com. Sign up for a free consultation or apply today at no cost to begin your process!
Article Posted On: August 22, 2019