A Business Case for Account Receivable Factoring by United Capital Funding
Accounts receivable factoring is a business tool used all around the world by many different companies. However, it is a relatively new practice in America, and common misconceptions often prevent businesses from pursuing this useful credit tool. So, what exactly is accounts receivable factoring?
Staffing With Factoring In 2020
It’s a new year and so it’s time to beef up your staff. You have your company right where you want it, but you need the talent to facilitate continued growth. Unfortunately for you, there are some outstanding invoices from clients still pending. So, what do you do? The answer is very simple. Utilize our staffing factoring services at United Capital Funding.
5 Common Financial Mistakes
Being in this business for so long, we’ve seen our fair share of financial slip-ups and mistakes. Of course, every business owner makes mistakes here and there, but some mistakes can be devastating if you’re not careful. Take charge to prevent financial disasters before they happen to your business. Get the help you need from our accounts receivable funding company.
Why Trust In United Capital For Your AR Factoring?
Deciding to get into factoring is one thing, but who to factor with is an entirely new decision! And, as with any company, you need to check out everything they offer. It’s almost like buying a new car—it’s an investment. Out of all the companies, why should you choose United Capital Funding to do your AR factoring—also known as accounts receivable? We know we offer more than other companies, but allow us to explain before you make your decision.
Payroll Factoring Done Correctly
How does a business owner turn unpaid invoices into working capital for their business? Well, the answer is called payroll factoring. Typically this financing tool advances 80% to 85% of the value of the invoices. Is this something that you feel could be beneficial to the success of your business? Then give our team at United Capital Funding a call today. Our experienced team will be happy to explain the ins and outs of the process and how we can help your business get to the next level.
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