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| ACCOUNTS RECIEVABLES FUNDING PRESS ROOM |
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| United Capital
Funding Corp. has successfully protected Clients100%
from Bankruptcy risk in 2009. Saint
Petersburg, Florida, July 1, 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 today
announced that it has successfully shielded 100% of its
clients from credit losses due to bankruptcy in 2009.
United’s credit analysis, monitoring and access to
Credit Insurance, an integral part of their professional
AR factoring and efficient AR Accounts Receivable
management solution has allowed clients to not endure
any credit loss due to bankruptcy, so prevalent in the
economy today. This risk minimization approach in turn
has increased the overall profitability of their
clients, now located in 34 states. |
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“It is no understatement that we are living in
very interesting yet difficult times” commented
Mark Mandula, Managing Partner of United Capital
Funding Corp. “The list of recent bankruptcies
in 2009 alone, including General Motors,
Chrysler, General Growth Properties, Charter
Communications, R.H. Donnelley, Nortel,
Smurfit-Stone Container, Six Flags and Masonite
is almost unbelievable. However, what is more
important to recognize is that for every one of
these “large” bankruptcies, there are literally
thousands of other less “visible” ones that are
many times whom are clients sell their product
or provide services to. This underscores why it
is so important, now more than ever, for every
business to have a partner helping them with
their Credit Screening, Insurance and
monitoring, as we do.” |
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A recent article noted at www.bankruptcy.com had
some very scary data, observed Mandula. “If the
trends continue as they are now going, there
will be nearly a 200% increase in major
Corporate bankruptcies in 2009 versus 2008. And
2008 had an abnormally high number of
bankruptcies to start with.” However, he also
noted that “We serve our clients by ensuring
that we provide them accurate, timely credit
information as part of our professional, turnkey
approach [no incremental fees for this valuable
information] to help them make sound credit
decisions about making a sale or not. Credit
risk is, and will be a real concern going
forward, even as the economy improves. The need
to be vigilant has never been more important.” |
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United is able to add significant value to a
client by providing this service, along with
their professional Accounts Receivable
Management, credit services and working capital
tools. United has built an excellent reputation
by providing professional services in an
equitable, fast and flexible manner , and this
has been the primary driver of their success in
the past 12 years and for their growth,
according to feedback provided by clients of
United. |
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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. |
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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. |
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