United Capital Funding Corp. Announces Record New Client Funding Facilities Originated in 2008

March 15, 2008


United Capital Funding Corp., the leading Google rated Internet based provider of professional Accounts Receivable management services, factoring, and Accounts Receivable management services in the United States, announced today that it has funded a record number of new clients in the months of  January and February 2008.

“We are very excited to announce we have funded a record number of new clients in 2008 so far”, commented Mark S. Mandula, Principal of United Capital Funding. “Unlike the well publicized problems in the credit market, our Accounts Receivable funding and working capital solutions have bucked the trends in the United States banking industry in 2008.  We anticipate continued strong growth for the remainder of 2008 and well into 2009.”

“In addition, the exclusive referral relationship that United Capital Funding Corp. began with First Tennessee in December 2007 has already resulted in a number of new clients. 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 the First Tennessee relationship managers who have been instrumental in helping us establish these Tennessee based client relationships.”

“Finally, 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.”

Some of the new client relationships of United Capital Funding Corp. for the year 2008 include:

  • A Tennessee service firm, with a funding facility of $750,000
  • A Florida distribution firm, with a funding facility of $75,000
  • An Indiana transportation firm, with a funding facility of $765,000
  • A Maryland staffing firm, with a funding facility of $250,000
  • A North Carolina transportation firm, with a funding facility of $250,000
  • A Florida manufacturing firm, with a funding facility of $400,000
  • A Tennessee service firm, with a funding facility of $800,000
  • An Ohio service firm, with a funding facility of $150,000
  • A Georgia service firm, with a funding facility of $250,000
  • A Tennessee service firm, with a funding facility of $100,000
  • A Missouri distribution firm, with a funding facility of $75,000
  • A Tennessee service firm, with a funding facility of $1,000,000
  • A Mississippi distribution firm, with a funding facility of $150,000
  • A California service firm, with a funding facility of $800,000
  • A New Mexico transportation firm, with a funding facility of $50,000
  • A Maryland service firm, with a funding facility of $100,000
  • A Pennsylvania service firm, with a funding facility of $300,000
  • An Ohio manufacturing firm, with a funding facility of $100,000
  • A Georgia distribution firm, with a funding facility of $150,000

About United Capital Funding Corp.

United Capital Funding Corp. is the recognized leader in the working capital, factoring and 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 mark@ucfunding.com; 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.