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United Capital Funding Corp. continues to grow and announces new Client Relationships

Saint Petersburg, Florida, November 4, 2009 – 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 that it has funded a significant number of new client relationships in the 3rd quarter of 2009. United will provide professional AR factoring, Credit Insurance Coverage and AR Accounts Receivable management solutions to these new clients.  As a result, clients of United benefit from strengthened cash flow, streamlined internal operations and are able to better compete in the current challenging economic environment.   

New Client relationships include the following:

  • $2,500,000 Accounts Receivable funding facility for a Tennessee firm.  
  • $450,000 Accounts Receivable funding facility for a Texas service firm.  
  • $400,000 Accounts Receivable funding facility for a Virginia firm.   
  • $1,000,000 Accounts Receivable funding facility for a Connecticut manufacturing firm.
  • $100,000 Accounts Receivable funding facility for a Virginia service firm.
  • $100,000 Accounts Receivable funding facility for a Florida technology firm.  
  • $50,000 Accounts Receivable funding facility for an Arizona service firm.
  • $310,000 Accounts Receivable funding facility for a North Carolina manufacturing firm.
  • $125,000 Accounts Receivable funding facility for a New York service firm.
  • $95,000 Accounts Receivable funding facility for a Nevada retail firm.
  • $100,000 Accounts Receivable funding facility for an Arizona service firm.
  • $75,000 Accounts Receivable funding facility for a Maryland staffing firm.
  • $200,000 Accounts Receivable funding facility for a Tennessee service firm.
  • $50,000 Accounts Receivable funding facility for a Connecticut service firm.
  • $100,000 Accounts Receivable funding facility for a Mississippi technology firm.
  • $50,000 Accounts Receivable funding facility for a Maryland service firm.
  • $50,000 Account Receivable funding facility for an Ohio staffing firm.
  • $35,000 Accounts Receivable funding facility for a Georgia service firm.
  • $500,000 Accounts Receivable funding facility for a Pennsylvania service firm.
  • $1,110,000 Accounts Receivable funding facility for a Florida service firm.

Mark Mandula, Managing Partner of United, commented, “This week’s Chapter 11 bankruptcy of CIT, the 101 year old commercial lender, is proof that in this unstable financial environment, the need to deal with a financially sound, seasoned firm cannot be emphasized enough. As we are privately held and funded, our strong financial foundation allows us the speed and flexibility to quickly serve all of our clients’ needs.”

“In addition, we are honored that that all of these firms have selected us to serve their working capital needs” Mandula added. “Every relationship that we have, with our clients now located in more than 34 states is an honor. 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 12 years and for our growth, especially as we take on important new client relationships such as these. Funding with us is the perfect solution for many firms in the growth mode, and where our client needs a strong financial partner”, Mandula also noted. 

United Capital Funding Corp. is the fiscally savvy option for healthy companies in the manufacturing, service, staffing, distribution, technology and professional services sectors looking to profit from the flexibility and speed of partnering with a privately held, well capitalized funding source.   A partnership with United means that the company gains monetary as well as back room efficiencies when competing in the current very challenging economic environment. 

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 offices in Nashville and Phoenix.  Additional information on the specialized business financial services provided by United, including factoring, Accounts Receivable management, and working capital are available online at their top rated Google website; www.ucfunding.com; via email at mark@ucfunding.com; and by telephone (877) 894-8232.

Article Posted On: October 04, 2009

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