5 Common Financial Mistakes
Being in this business for so long, we’ve seen our fair share of financial slip-ups and mistakes. Of course, every business owner makes mistakes here and there, but some mistakes can be devastating if you’re not careful. Take charge to prevent financial disasters before they happen to your business. Get the help you need from our accounts receivable funding company.
Why Trust In United Capital For Your AR Factoring?
Deciding to get into factoring is one thing, but who to factor with is an entirely new decision! And, as with any company, you need to check out everything they offer. It’s almost like buying a new car—it’s an investment. Out of all the companies, why should you choose United Capital Funding to do your AR factoring—also known as accounts receivable? We know we offer more than other companies, but allow us to explain before you make your decision.
Payroll Factoring Done Correctly
How does a business owner turn unpaid invoices into working capital for their business? Well, the answer is called payroll factoring. Typically this financing tool advances 80% to 85% of the value of the invoices. Is this something that you feel could be beneficial to the success of your business? Then give our team at United Capital Funding a call today. Our experienced team will be happy to explain the ins and outs of the process and how we can help your business get to the next level.
An Accounts Receivable Factoring Company For The Holidays
The holidays can be tough on small business owners. The need to meet payroll when the season is in full swing seems like an uphill battle. We understand that your first priority is paying your employees on time, but did you know that you are less likely to receive a payment on your invoices during the Christmas period (mid-December to mid-January) as most businesses close for the season? So what do you do when the holiday season puts strain on your stream of working capital? Well, that is when factoring comes in to play.
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.
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 firstname.lastname@example.org.
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