The History of Factoring From A Trusted Factoring Company
So, you know about how the factoring industry operates today—but where did it all begin? Learn about the history of factoring from the specialists a United Capital Funding. We’re the factoring company you can trust with your capital.
From Mark Mandula: Thoughts on the COVID-19 Pandemic Part III
The current COVID-19 crisis is a tragedy that includes many facets; a political one, an economic one and most importantly a human one. It is a story rapidly unfolding without a clear answer. Perhaps the only clear aspect of COVID-19 is that the impact will spare no one, country, industry or location.
From Mark Mandula: Thoughts on the COVID-19 Pandemic Part II
As the sun rises today, we awaken to the reality of the financial power COVID-19 has on our financial markets in the United States. Even after a series of unprecedented financial moves by the Federal Reserve to help mitigate some of the financial fallout from the virus, all major stock indices recorded significant losses yesterday. And it appears that, absent some miracle occurring, short term prospects for the markets in the United States are not promising.
An update to our clients on COVID-19
We understand that there is concern surrounding coronavirus disease 2019 (COVID-19). We want to provide a simple update to let you know that our firm’s priority is keeping our employees safe while continuing to deliver high quality service.
From Mark Mandula: Thoughts on the COVID-19 Pandemic Part I
As the sun rises today, we are at what appears to be the very early onslaught of the virus in the United States. Having ravaged China and subsequently Italy and Spain, it appears that the United States is next.
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. We like to call ourselves the growth factor because our intelligent working capital makes businesses prosper.
The UCF Competitive Advantage
Factoring is the process of converting unpaid invoices into working dollars. Why choose UCF over other leading competitors? Our advantage is allowing you to choose the invoices you want to factor. If you are a B2B or B2G business model, then you have a chance to qualify.
We have a transparent fee structure. Once you apply online, you can get preapproval in about one business day. Never has there been a faster way to grow your staff. Remember: the solution is factoring. We do not rely on capital from outside sources and that independence gives you lower fees. This is one of the many advantages of our approach. Learn more about us today.
What To Expect As A Staffing Client With UCF
We provide support when you need it the most. We are here to educate you throughout your process. This works by:
- Fulfilling your agreed-upon staffing needs with your customer.
- Generate an invoice for your staffing customer and send it to your client and us.
- Our team will check out your invoice and wire at least 80% of it to your account. We hold the remaining 20% until your customer pays off the invoice.
- Once the invoice is paid we wire you the remaining amount minus our fees.
- Done! You have successfully unlocked that capital.
Factoring is a long-term strategy for invoice management. Remember, it’s all about finding the right fit for your needs. Find out about all of the various industries we work with today!
Get Started With UCF With These Steps
Our expert wants to help you start the process. Give us a call at 866-647-2680 or take a few minutes and submit an application online. Feel free to request a consultation and someone from our team will give you a call. We are open between the hours of 8:30 a.m. and 5:00 p.m. EST, Monday through Friday.
Article Posted On: January 20, 2020