United Capital Funding Corp. Announces the hiring of George Horvat as Senior Business Development Of

SAINT PETERSBURG, Fla., October 22, 2012 – – United Capital Funding Corp., the leading provider of professional Accounts Receivable based funding and credit management solutions in the United States, announced the hiring of George C. Horvat as a Senior Business Development Officer.

Horvat will lead and manage United Capital Funding’s Midwest office located at 600 Superior Avenue East, Cleveland, Ohio.  Horvat has nearly 40 years of marketing experience in the Commercial Finance sector, and has been active in the Aurora City Council, Turnaround Management Association, Great Lakes Funding Network, Commercial Finance Association and the Association for Corporate Growth.

“We have been very fortunate to have a seasoned professional like George join the United Capital Funding team” remarked Mark Mandula, Managing Partner of United. Mandula also noted that “We look forward to adding additional clients to our portfolio in the Midwest under George’s leadership and marketing efforts.”

United also recently announced record funding [not including participations managed] for the first

nine months of 2012, recording an increase of 25.4% in client funding levels versus 2011. When managed participations were also included, total funding by United increased 62% versus the comparable period in 2011. United provides Intelligent Working Capital via factoring, credit insurance coverage and efficient Accounts Receivable management solutions to clients nationwide. These professional services allow small business 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 $1.9 Billion in client funding since its formation in 1997.

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. Providing solutions with Intelligent.Working.Capital, since 1997 United has successfully provided funding of nearly $1.9 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 has regional offices in Nashville and Cleveland. 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 [email protected]; or by telephone (877) 894-8232.