World Factoring Industry $3 Trillion Business
I just returned from the largest International Conference for Factoring firms held in Warsaw, Poland March 31 to April 2. I made presentations on 2 of the 3 days of this important Industry event on how to more effectively market factoring and specialized financial services in a very difficult global economic environment.
Fraud in the United States Factoring Industry
How is fraud usually done in the factoring industry? The simplest approach [and the most commonly seen one] is where the factoring company client creates a false or inflated invoice. In this day and age of inexpensive digital printers, this is a very easy thing to do.
Are You A Candidate For Capital Funding?
You might think that you have to be in financial trouble in order to seek services from United Capital Funding. Our ideal customers are actually companies with solid, growing businesses. Sometimes you need more working capital to keep your business running, and United Capital does just that. We are a factoring company, which means that we purchase accounts receivable from our clients with our own capital and resources to give you the capital you need to grow your business.
How Commercial Factoring Can Benefit Your Company
As all companies know, working capital is important to keeping your business running. Successful companies are able to pay their employees and use their capital to fund growth opportunities. Without this necessary funding, your company would not be able to stay afloat. Instead of waiting for customers to pay their invoices, or not receiving any payment at all, United Capital Funding turns your accounts receivables into working capital so your company has the flexibility to operate at a higher efficiency. This is called commercial factoring, or accounts receivable factoring. Continue reading to learn about how commercial factoring can benefit your business.
Impact of Small Business to the Overall US Economy
Since 1997, our firm has been serving SME [small and medium sized entrepreneurs] with a professional menu of working capital and related services. As a result, we have witnessed many ups and down in the United States economy during this period.
Are You A Candidate For Capital Funding?
Is Your Company Right For AR Factoring?
Companies who are good candidates for our accounts receivable factoring usually have a few characteristics in common. We want to put your company in a position to grow, and these qualities are strong indicators to tell if we can help you. Some of these characteristics include:
- B2B (business to business) or B2G (business to government) companies
- Quality client base
- Quality products and services
- A high growth rate
- Highly leveraged companies
- Start-up companies
- Under capitalized companies
- Businesses with a high number of accounts receivable
At United Capital Funding, we understand how difficult it is to operate without working capital. That is why we offer personalized solutions to help your business achieve its goals and vision. These characteristics are key indicators which help us chart the best path to provide what you need to run your business.
Industries We Serve
UC Funding provides accounts receivable factoring services on a national scope and we have worked in many different industries. While we will work with any industry to help you meet your goals, our main areas of expertise include staffing, government, manufacturing, information technology, service businesses, and security guard factoring. These market segments have demonstrated a strong need for accounts receivable factoring due to the nature of their business. We understand that these are not the only fields in which our services could be beneficial. United Capital Funding has the flexibility to work with clients in diverse fields to give them the tools they need to grow their business.
Does My Business Qualify?
If your business aligns with one or more of the characteristics listed above, then you would be a good candidate for capital funding. Here at UC Funding, we want to give businesses the potential to grow and achieve their goals. Sometimes all that stands in the way of that is a lack of working capital. If you are a company who regularly completes B2B (business to business) or B2G (business to government) sales transactions with open accounts receivable, then you may qualify for accounts receivable factoring. If you think that this service would be beneficial for your company, we strongly encourage you to obtain a quote. See how United Capital Funding financial services can make a difference for your business.
Let Us Be Your Differentiating Factor
The bottom line is that we want to see your business succeed. At United Capital Funding, we strive to put you in a position to thrive. Since we do not have to rely on funding from outside sources, we are able to provide lower fees to our customers, saving you resources. Give us a call for a quote at 877.894.8232, or obtain a quote through our online form.
Article Posted On: February 28, 2018