Factoring Application Approval Process for Invoice Factoring Uited Capital Funding Corp Phoenix Arizona Nashville Tennessee

 
United Capital Funding Corp.
Factoring Application Approval Process
 
Application/Underwriting/Approval/Funding Procedures

Complete the online registration form on this website. Please note that there is never any cost to apply for our professional services.
 
When a completed/signed Application has been received, we will email you an Expression of Interest Letter Proposal with the following information:
 
• Factoring fees
• Credit limits for each client(s)

In the event that we are not interested in serving you, we will also let you know as soon as we complete our initial Due Diligence.
[Usually one business day] 

 
After evaluating the Expression of Interest Letter Proposal, return the Proposal indicating your acceptance, along with the following information via email or fax (813) 433-5304
• Company's financial statements, AR, AP reports
• Articles of Incorporation
• 941 Compliance
• Driver’s License
• Other information, based on your unique situation/industry
   
At this point you will receive a call from one of our underwriters. We will take through an interview that will assist us in learning more about your business model. 
   
After we receive the signed Expression of Interest Letter, we will email to you the following documents;
• Factoring and Security Agreement. This is a one-time master Contract signed by you and United Capital Funding Corp.
• New Client Information. This is a comprehensive handbook that presents important Policies and Procedures, Disclosure Notice, Contact Reference Guide, Holiday Schedule, New Client Request form, and our standard Notification Letter. The Notification Letter is used to ensure payments from your clients are collected as quickly as possible at our lock box facility.
Staffing firms often use factoring to fund payroll for employees, as they are not eligible for asset based loans
   
Once we receive back from you a signed Factoring and Security Agreement, please send us the following:
• Signed Schedule of Accounts listing invoice(s) sent for funding
• Copy of invoice(s)
• Proof of delivery and/or BL's
• Purchase Order (if applicable)
• Additional Backup if necessary  
   
After the completion of our final Underwriting, approval, and successful verification of your invoices with your client, we will purchase your invoices and electronically fund your account. We advance 80 percent of the face value of the invoices via wire transfer or ACH to your bank account. From this point forward, you are able to track all account activity using our online, secure 24/7 account management system, Efactor.
   
Your relationship will be managed by a dedicated Account Representative (AR). The AR will be your primary point of contact moving forward. 
    Factoring is a form of commercial business finance lending that averts debt, and is offered within the U.S. from our offices in Clearwater / St. Petersburg, Tampa, Phoenix Arizona and Nashville, Tennessee
Once United Capital Funding Corp. receives payment from your client at our lockbox facilities; we will return the invoice balance [called the reserve] minus our professional fees.
   
Please feel free to contact us with any questions on our Underwriting Approval Procedures via email at mark@ucfunding.com or by telephone (877) 894-8232. 
 
We can be reached at its main office, located at 146 2nd Street North, Suite 200, Saint Petersburg, Florida; or at our Nashville office, located at 4525 Harding Road, Nashville, Tennessee at (615) 483-5720, or at our Phoenix office at 2425 East Camelback Road, Suite 950, Phoenix, Arizona; telephone (602) 346-5025. 
 

For a comprehensive FAQ (as well as additional information on the professional services of United Capital Funding Corporation) please view and print the following:
Invoice Factoring Company Corporate Overview


Apply For Factoring Online

Press Room
United Capital Funding Corp., leading provider of professional Accounts Receivable Factoring services and invoice factoring announced that it has opened an office in Nashville, Tennessee.
Further Details

Selection as the “Outstanding Business of the Year”  (St. Petersburg Chamber of Commerce) and the results of our ongoing client surveys validate the firm’s commitment to excellence and client services.
Further Details

 

 
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877.894.UCFC (8232)
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Tampa Bay Office:
United Capital Funding Corporation
146 Second Street N.
Suite #200
St. Petersburg, Florida 33701
727-894-8232
 


United Capital Funding Corporation     146 Second Street North, Suite #200    St. Petersburg, Florida  33701
Phone:  727.894.UCFC (8232)     Toll Free:  877.894.8232     Fax:  727.898.4205
Invoice Factoring and Accounts Receivables Management Branch Offices in:
Tampa / St. Petersburg, Florida                          Nashville, Tennessee


 
 
 
 
 





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