How A Commercial Factoring Arrangement Can Benefit Your Business
Cash flow is vital to the success of many businesses. This is especially true for small businesses, new businesses, and businesses that are rapidly growing. This is where United Capital Funding comes into the picture. A commercial factoring arrangement with UC Funding is a type of financial transaction in which we are able to turn your B2B and B2G Accounts Receivables into working capital so that you can continue to seek new clients for your B2B and B2G business, rather than worrying about cash flow problems. If this is something that you think could be beneficial to your business, get a quick quote now or keep reading to learn more!
Event Recap: December 2018 to January 2019
United Capital Funding ushered in the New Year appearing across the southeast United States, sharing expert advice for entrepreneurs and building relationships with local businesses. Here’s where we were in December 2018 and January 2019.
How Does Factoring Work?
If you’re a business owner, you’re likely familiar with a variety of funding options—loans, borrowing, investing, credit, and grants. All these have positives and negatives, depending on your company’s specific needs. Factoring is another excellent option for businesses of all sizes in a variety of industries. Many companies find the downsides are very few compared to other funding sources. But how does factoring work?
Small Business is BIG Business in the United States
As a professional firm that provides equitably priced and structured working capital to B2B and B2G clients nationwide, we are always looking for ways to educate our partners, clients and referral sources about the ever-increasing role of small businesses in the United States. The more we understand the needs and concerns of the entrepreneurs who own and manage these businesses, the better we can serve and help them grow and succeed.
Questions To Ask Your Factoring Company
With something as important as your business’s finances, you want to understand every aspect of it. That’s why it’s always important always to ask any question you might have. Here are a few questions to ask a potential factoring company to ensure they’re the right fit for you.
Government Invoice Factoring in 3 Easy Steps
Landing a government contract for any business can be exciting. It means a steady stream of income to support your business. But, because the nature of these contracts is very complicated, it usually takes some time before you will see results. That’s where government invoice factoring comes in. At United Capital Funding, we provide working capital for your business so that that you have the money to operate while you are waiting for your invoices to be paid. We are a simple way to turn your accounts receivable into working capital for your business.
Step 1: Call or Apply For Government Invoice Factoring
The first step in the process is to call us and apply for government invoice factoring. It is a fast, free, and simple. The faster we get your request, the faster we can get you the working capital you need to thrive. We will gather all the information to start the process and you will get your funding within days. A lot of companies will apply for loans which take significantly longer time to get approved. Do not feel like taking out a loan on your only option because you have options. Government invoice factoring is an alternative and is very useful because the approval time is significantly shorter. UC Funding is a more convenient way to ensure your company’s financial future.
Step 2: We Process Your Request
After your initial consultation and we gather the information we need. Our hardworking team gets to work to get your approval with a day. We have experience with these types of contracts so we know how to get you approved in no time. When you compare government invoice factoring to the time it takes to get a loan approved, United Capital Funding works significantly faster to get your approval.
Step 3: Get Funded Fast
Once your request is approved, you receive money from your invoices within a few days. You receive 80% of the invoice from UC Funding and then once the invoices are paid by the client, you receive the rest of the amount less the processing fees for our services. Some companies feel like taking out a loan is their only option, but, at United Capital Funding, our government invoice factoring services can make the difference for you.
How Government Invoice Factoring Can Help
Not only are our services quick and easy, there are huge advantages to your company. Sometimes during election years, government shutdowns, or policy changes, payments might be delayed. Government invoice factoring helps you avoid those pitfalls and allows you to turn your accounts receivable into working capital to be able to pay your employees and purchase items you need to keep your business afloat.
Let United Capital Funding Be Your Differentiating Factor
Contact us today to see how government invoice factoring can help your company. We will walk you through every step in the application process and get you working capital as soon as we can. To get started you can also contact our government invoice factoring specialists directly today at 877-894-8232.
Article Posted On: March 31, 2018