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.