UCF Announces Milestone with First Tennessee New Client Funding Facilities Originated in 2008

United Capital Funding Corp., the leading Google rated Internet based provider of professional Accounts Receivable management services, factoring, and specialized Accounts Receivable management services in the United States, announced today that it reached a milestone with First Tennessee New Client Funding Facilities in the months of  January and February 2008.

“We are very excited to announce that the exclusive referral relationship that we began with First Tennessee in December 2007 has already resulted in a number of new clients for United Capital Funding Corp. Due to the excellent support from First Tennessee, we are very happy with the initial series of clients that we are serving with our professional Accounts Receivable funding, working capital, and AR management services. We also want to take this opportunity to thank Brooke Macy, Kristina Head, Mark Wood, Bridgette Bethune, Alinda Richards and Martin Akin, the First Tennessee relationship managers who have been instrumental in helping us establish these Tennessee based client relationships.”

“The ability to serve these First Tennessee clients will only be strengthened by our physical presence in Tennessee,” commented Matt Perkins, Regional Business Development Officer of United Capital Funding Corp. “Our new office located in Nashville clearly signals our commitment to serve First Tennessee clients over the long term.”

The new First Tennessee clients of United Capital Funding Corp. include:

  • Fabrication firm, with a funding facility of $750,000
  • Industrial Services firm, with a funding facility of $800,000
  • Services firm, with a funding facility of $100,000
  • Services firm, with a funding facility of $1,000,000

“In addition, we are honored that our client relationships have grown to the highest levels in our firm’s 11 year history,” commented Mark S. Mandula, Principal of United Capital Funding. “We are also encouraged that our top ranked Google website, www.ucfunding.com has continued to exceed planned levels of inquiries, referrals, and overall website traffic projections. Our website has consistently been the top ranked organic site on Google, MSN, and Yahoo for the first several months of 2008.”

About United Capital Funding Corp.

United Capital Funding Corp. is the recognized leader in the working capital, factoring, Accounts Receivables Management industry. Privately held and managed, it has been honored as the Small Business of the Year, based on seven criteria established by the United States Small Business Administration [SBA]. The firm was the only financial services firm selected, and clients of United Capital Funding Corp. are currently located in 34 states and include manufacturing, distribution, service, staffing, retail, and technology sectors firms.

Additional information on the specialized financial services provided by United, including factoring, Accounts Receivable management, and working capital are available online at www.ucfunding.com; via email at [email protected]; and by telephone (877) 894-8232. United Capital Funding Corp. can also be reached at our regional office located at 4525 Harding Road, Nashville, Tennessee at (615) 483-5720.