Need Help With Your Cash Flow?
From time to time, businesses fall short when it comes to their cash flow. This can cause problems with payroll, business expenses, or even with client acquisitions. Most businesses have accounts receivable, but it takes time to invoice clients and then collect any outstanding debt. Well, what happens when your money runs dry?
How Does Factoring Work For My Company?
No matter if it’s a good time or a bad time for the economy, businesses may still need liquid capital to enhance its cash flow cycle and when you’re waiting on capital from your clients, you need that cash more than ever. Consider factoring your company’s invoices to access that capital and don’t worry if you haven’t heard of factoring before. If you’re wondering “what is factoring?” or “how does factoring work?” United Capital Funding is here to help.
From Mark Mandula: Thoughts on the COVID-19 Pandemic Part IV
As the COVID-19 pandemic continues at full strength in much of the United States, it is becoming clearer that the economic damage done by the virus will be widespread and significant. The first inkling of this unsettling fact appeared last week when an unprecedented surge in jobless claims was announced. From the prior weeks, data of 282,000 claims came the stunning news that the current weeks total was about 3.3 million. At that point, equity and other markets in the United States nearly came unglued and the optmisitic chatter was that this would be the highest claim that would occur in the COVID-19 period. Most economists and experts had predicted that the number of claims would be nowhere as high as the 3.2+ million that wa actually reported.
Loan Programs for Small Businesses Impacted by COVID-19
Small businesses are the backbone of the American economy. There is no debate that the current COVID-19 pandemic will cause significant economic harm to this critical part of our nations GDP. How important is it for small businesses in the United States to be vibrant and successful? Consider these facts about the magnitude of the role small businesses contribute to the United States economy (data from the Office of Advocacy, Small Business Administration).
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.
UCF Announces Record Level of Funding on Fortune 500 Firms Accounts Receivables
United Capital Funding Corp., the leading provider of professional Accounts Receivable based funding and credit management solutions in the United States, announced today that it has now acquired or factored Accounts Receivables due from 91 of the top 100 Fortune 500 firms in the United States, a new record.
Saint Petersburg, Florida (PRWEB) May 02, 2012 -- United Capital Funding Corp., the leading provider of professional Accounts Receivable based funding and credit management solutions in the United States, announced today that it has now acquired or factored Accounts Receivables due from 91 of the top 100 Fortune 500 firms in the United States, a new record. In addition, it has acquired or factored a total of 338 of the top Fortune 500 firms in the United States on behalf of its clients.
United provides Intelligent Working Capital via factoring, credit insurance coverage and efficient Accounts Receivable management solutions to clients nationwide. These professional services allow clients to strengthen their cash flow, streamline internal operations and assist them in competing successfully in the current challenging economic environment. United has provided nearly $1.6 Billion in client funding since its formation in 1997.
“This is an amazing fact when you think about it. To have served our clients by factoring or acquiring about
70% of all of the current Fortune 500 firms over the past 15 years illustrates the wide array of services and products our clients sell to the most visible names in corporate America today,” remarked Mark Mandula, Managing Partner of United. “To put this in proper perspective, this is even more of an accomplishment when you consider that the Top 100 firms in the Fortune 500 list account for 64% of the revenue and profits of all of the Fortune 500 firms in the US today.”
United Capital Funding has particularly strong representation in key industry sectors such as: Aerospace and Defense [factored or acquired 92% of the top Fortune 500 firms], Chemicals [81%], Commercial Banking [75%], Computer and Office Equipment [100%], Food and Drug Stores [91%], Consumer Food Products [93%], General Merchandisers [100%], Pharmaceuticals [84%] and Specialty Retailers [82%].
About United Capital Funding Corporation
United Capital Funding Corp. is the leading professional Accounts Receivable funding, and AR management services based firm in the United States today. Providing solutions with Intelligent.Working.Capital, since 1997
United has successfully provided funding of nearly $1.6 billion to entrepreneurial firms with annual revenue from startup stage to over $50 Million. United possesses the financial resources to serve firms seeking to improve their cash flow and reduce costs. United is headquartered in the Tampa Bay area, and also has regional office in Nashville. Additional information on the specialized business financial services provided by United, including factoring, Accounts Receivable management, and working capital are available online at their website; www.ucfunding.com; via email at mark(at)ucfunding(dot)com; or by telephone (877) 894-8232.
Article Posted On: May 02, 2012