United Capital Funding Corp. Increase Funding Volume by 28% Over 2009 Levels

January 1, 2011


SAINT PETERSBURG, FL: January 1, 2011 – 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 today that for the year ended December 31, 2010, total funding for clients increased 28% over levels recorded for the year December 31, 2009. In addition, current daily funding levels have increased 47% over December 2009 amounts. United provides professional AR factoring, Credit insurance coverage and efficient AR Accounts Receivable management solutions to clients nationwide, and services provided allows clients to strengthen their cash flow, streamline internal operations and assist them in competing successfully in the current challenging economic environment.   United recently reached a milestone in 2009 when it announced that it has reached $1 Billion in client funding since its’ formation in 1997.  

“We are honored that even in this difficult economy, we have been able to serve a record number of new and existing clients as of yearend 2010” remarked Mark Mandula, Managing Partner of United. “Every relationship that we have is important to us. 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. With clients in over 34 states, 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@ucfunding.com; and by telephone (877) 894-8232.