See Yourself Grow With Our Accounts Receivable Buying Company
At United Capital Funding, we understand that you want your business to prosper and we want that for you too. Our motivation is to serve you by providing growth opportunities for your business. How can we accomplish this? We provide you with cash flow to handle the day-to-day operations so you can invest in emerging areas of your industry—and for a competitively low factoring fee.
Terms To Know From A Factoring Finance Company
No matter if you’re new to business or have been around for a while, everyone needs a refresher every once in a while. And we know, financial business terms can be hard to grasp onto sometimes. But that’s why we’re here! At United Capital Funding, we’re ready to help as much as we can as your choice factoring finance company. Let’s get to it and review those terms!
Stop Waiting On The Government To Pay Your Invoices
Working with the government is good business. You know the money is coming and it’s a steady stream of work. However, your company spends weeks or months waiting on a paycheck that you earned a while ago. For some, that income is necessary to keep the lights on, let alone keep employees paid. There is a way to get a majority of this money within a week.
A Merchant Cash Advance Loan: we did the math
Like a sheep in wolves clothing, the MCA product is a troubling and rapidly growing segment of the small business online lending industry today. A small business owner must be very careful and understand the true cost APR of this kind of capital. If they don’t, they run the risk of true financial Armageddon, and a wise small business owner should seek all other reputable options for capital before selecting to get a seemingly low cost, fast MCA for their small business enterprise.
Buyer Beware! How To Do Due Diligence On A Business
In the fast-paced and interconnected world of commerce and technology, the need for businesses to protect themselves has never been greater. Businesses seeking a provider for services must start a due diligence effort before signing any contractual agreements. If not, they put their own capital or employees at risk. Merriam-Webster defines the term due diligence as research and analysis of a company or organization done in preparation for a business transaction.
Utilizing Commercial Factoring In B2B Companies
As a B2B, or a business providing a product and or service to other businesses, you rely on payments being made on time. But the reality is that sometimes you can be waiting for payment for who knows how long. This isn’t an ideal strategy for a growing company. You need your money and can’t wait weeks or months for it, but you have no other choice. Or do you? United Capital Funding is here to help! With the use of commercial factoring, we are ready to help your B2B company grow beyond expectations. Don’t wait anymore for the money you deserve.
How Does Commercial Factoring Work?
Commercial factoring is a straightforward concept. As a B2B company, your line of work focuses on providing goods or services to another business. With these dealings come an amount of accounts receivable. To continue, accounts receivable are outstanding invoices that a client needs to pay. Before the amount is paid however, these accounts receivable do not benefit the company’s growth.
The process begins with you providing us a copy of the invoice. In a short amount of time, we review all necessary information and process your request. Once approved, you’ll receive up to 80% of your money within a few days. At this stage, UCF works as your accounts receivables department and services the invoice. Once your client pays the entirety of the invoice, you receive the rest. Minus our professional fee of course. See? Simple.
There are no maximum times you can use our services, UCF is always open to those who need us. With that in mind, what’s keeping you from helping your company?
Commercial Factoring ≠ Bank Line Of Credit
Contrary to belief, commercial factoring is not the same as a bank line of credit. You sell your accounts receivable to us and we give you the amount, minus a service fee, once the client pays in full. A bank line of credit, on the other hand, is a potentially unlimited amount of money that you pay off regularly. Lines of credit can end badly if your payments aren’t on time. It’s only smart for your business to choose factoring instead.
Grow Your Business With Commercial Factoring
To grow your B2B enterprise, you need to use every option available. The best option to ensure this is by choosing commercial factoring. With this in mind, contact United Capital Funding without delay! To ask our professionals any questions, you can always call at (866)647-2680 or email us at email@example.com.
On the other hand, if you’re interested in factoring, don’t be afraid to sign up for a free consultation. Ready to begin your process? You can always begin your application here. As stated before, you’ll know if you’re approved within a day. Help your business by factoring with UCF.
Article Posted On: June 10, 2019