United Capital Funding Corp.  Announces Record Number of New Client Funding Facilities Originated

October 1, 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, announced today that originated a record number of new client funding relationship in the most recent quarter ended September 30, 2008.

“We are honored that our client relationships have grow to the highest levels in our firm’s 11 year history” commented Mark S. Mandula, Managing Partner and 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 entire year 2008.”

For the year to date, United Capital Funding Corp. has added new client relationships in 22 states including Florida, Ohio, Tennessee, Georgia, Missouri, Mississippi, California, New Mexico, Maryland, Pennsylvania, New York, North Carolina, Oklahoma, Illinois, Texas, Virginia, Kentucky, Massachusetts, Montana, District of Columbia, Connecticut and Michigan. Together with unprecedented retention levels well in excess of industry peer data, the firm’s level of funding is the highest recorded since formation in April, 1997.

Also Announces the opening of a new office in Phoenix, Arizona

Due to the strong demand in the Southwestern United States for United Capital Funding Corp. working capital and Accounts Receivable management solutions, particularly in the staffing, transportation, distribution and manufacturing industries where security, reliability and performance of a funding source are critical, the firm also has opened an office in Phoenix, Arizona effective December 1, 2008.  “We have seen significant growth in our client base in the Southwest, and with this expansion, we foresee every greater client expansion in Arizona, California, Oregon, Washington, Idaho, Nevada, Montana, Wyoming, Colorado, Utah, New Mexico and Texas” said

Mark Mandula, Managing Partner and Principal of United Capital Funding Corp.

“Our clients are expanding and to ensure that we provide them excellent support, we are investing our human and capital resources in this important geographic area. Our Phoenix office will allow us to continue to deliver superior marketing and support to our clients and growing prospect base in the region.”

United Capital Funding Corp. Marketing Leadership

“United Capital Funding Corp. is intently focused on enhancing the value we provide our clients, now located in 34 states” commented Mandula. “We are adding resources and infrastructure and this allows us to successfully roll out a higher touch, marketing support structure, all of which fosters a culture focusing on client satisfaction and retention. Since our formation as a specialized factoring and Accounts Receivable funding and management firm in April, 1997, we have always focused our efforts on serving the needs of our clients.”

About United Capital Funding Corp.

United Capital Funding Corp. is the recognized national leader in the Working Capital, factoring, Accounts Receivables Management industry. Privately held and managed, it was 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. now currently located in 34 states 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 its main office, located at 146 2nd Street North, Suite 200, Saint Petersburg, Florida; or at their Nashville office, located at 4525 Harding Road, Nashville, Tennessee at (615) 483-5720.