SAINT PETERSBURG, FL: April 1, 2010 – United Capital Funding Corp. www.ucfunding.com, the leading provider of professional Accounts Receivable based funding and credit management solutions in the United States announced that it had a record first quarter in 2010; with total client funding up 18.9% over levels recorded in the first quarter of 2009.
United recently reached a milestone in December 2009 when it announced that it has reached $1 Billion in client funding since its’ formation in 1997. In addition, United announced on March 14, 2010 that it had successfully renewed its Senior secured Funding facility with First Tennessee Bank, a subsidiary of First Horizon National Corp.
“We are very pleased that that our firm continues to be the firm of choice for our clients, now located in 34 states”, remarked Mark Mandula, Managing Partner of United. “Every relationship that we have with our clients is an honor. We have built an excellent reputation by providing professional services in an equitable, fast and flexible manner – this has been the primary driver of our success in the past 14 years and for our growth. Funding with us is the perfect solution for many firms in the growth mode, and when our client needs a strong financial partner”, Mandula also noted.
About United Capital Funding Corporation
United Capital Funding Corp. [www.ucfunding.com] is the leading professional Accounts Receivable funding, and AR management services based firm in the United States today. Established in 1997, United has successfully partnered with entrepreneurial firms with annual revenue from startup stage to over $50 Million. Serving clients nationwide, 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 a regional office in Nashville, Tennessee. Additional information on the specialized business financial services provided by United, including factoring, Accounts Receivable management, and working capital are available online at their top rated Google website; www.ucfunding.com; via email at [email protected]; and by telephone (877) 894-8232.