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.
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. Government invoice factoring is used by companies all over the nation—join an invoice factoring firm today and get fast access to that capital.
What Month Is It Again?
The unfortunate truth about waiting on the government to pay your invoices is that the money might not come for several months. It’s good to know you’ll get that money in the future, but a slip of paper won’t keep your lights on. Choosing government invoice factoring for your company could not only save your company, but grow your business.
A Quick Run Down
The factoring process is simple and is the same no matter the industry. Despite going by many names—AR factoring, financing, invoice factoring—the preparation doesn’t change. And it’s easy when you apply with a top-of-the-line factoring company like ours.
- Begin your application. Preapproval for this takes about one business day.
- Provide a copy of the government invoice to us.
- We use this copy as a record and get at least 80% of your cash to you.
- Acting as your accounts receivables department, we service the invoice and your client pays us.
- Once your client pays 100% of the invoice to our secure lockbox facility, you receive the remainder of your cash—minus our service fee.
It’s straightforward, easy to follow, and the first three steps usually happen within a week. And just because you’re not in bad financial standing, that doesn’t mean you can’t use government invoice factoring. In fact, most of our clients are well off financially. So pay your bills today and prepare for the unknown tomorrow when you choose to factor with us.
UCF Stands Out So You Can Breathe Easy
Not all factoring companies can take government financing under their belt. Because once your company chooses to factor, the factoring company is now waiting on that payment instead. Many companies are uneasy with this extended wait period, but not United Capital Funding!
That’s because UCF is a subsidiary of Gulf Coast Bank & Trust Company. Being a part of this bank enables us to provide insured capital. So don’t worry about struggling to pay your bills, go through government invoice factoring with us and see how your company can grow faster.
Government Invoice Factoring Made Easy
Ready to get your money sooner rather than later? Apply with UCF today and begin the factoring process. If you have any questions before you begin, please call us at 866.647.2680 or get a quick quote online. We look forward to hearing from you. Let’s work together for a better future for your business.
Article Posted On: October 15, 2019