Need Help With Your Cash Flow?
From time to time, businesses fall short when it comes to their cash flow. This can cause problems with payroll, business expenses, or even with client acquisitions. Most businesses have accounts receivable, but it takes time to invoice clients and then collect any outstanding debt. Well, what happens when your money runs dry?
How Does Factoring Work For My Company?
No matter if it’s a good time or a bad time for the economy, businesses may still need liquid capital to enhance its cash flow cycle and when you’re waiting on capital from your clients, you need that cash more than ever. Consider factoring your company’s invoices to access that capital and don’t worry if you haven’t heard of factoring before. If you’re wondering “what is factoring?” or “how does factoring work?” United Capital Funding is here to help.
From Mark Mandula: Thoughts on the COVID-19 Pandemic Part IV
As the COVID-19 pandemic continues at full strength in much of the United States, it is becoming clearer that the economic damage done by the virus will be widespread and significant. The first inkling of this unsettling fact appeared last week when an unprecedented surge in jobless claims was announced. From the prior weeks, data of 282,000 claims came the stunning news that the current weeks total was about 3.3 million. At that point, equity and other markets in the United States nearly came unglued and the optmisitic chatter was that this would be the highest claim that would occur in the COVID-19 period. Most economists and experts had predicted that the number of claims would be nowhere as high as the 3.2+ million that wa actually reported.
Loan Programs for Small Businesses Impacted by COVID-19
Small businesses are the backbone of the American economy. There is no debate that the current COVID-19 pandemic will cause significant economic harm to this critical part of our nations GDP. How important is it for small businesses in the United States to be vibrant and successful? Consider these facts about the magnitude of the role small businesses contribute to the United States economy (data from the Office of Advocacy, Small Business Administration).
The History of Factoring From A Trusted Factoring Company
So, you know about how the factoring industry operates today—but where did it all begin? Learn about the history of factoring from the specialists a United Capital Funding. We’re the factoring company you can trust with your capital.
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@example.com; or by telephone (877) 894-8232.
Article Posted On: October 22, 2012