What Are Accounts Receivable Funding Companies?
When you’re managing your own small business, it seems there is no end to the amounts of expenses it requires. You know the phrase, “you have to spend money to make money,” but man! Sometimes it feels like there isn’t an end in sight. How do you get funding to take your company to the next step? You’ve heard of lenders and investors, but what about accounts receivable funding companies? They could be your business’s best option to take itself to the next level.
How a Factoring Loan is NOT a Loan
Are you searching for a factoring loan? We can help you! But first, we want to tell you that a factoring loan is NOT a loan. At least, it’s not like other loans you’re familiar with. The money you get from factoring loans is YOUR money—it’s not money you’re borrowing and have to pay back. Factoring is a real business decision that can help your business operate and grow.
Why Small Businesses Are Thankful For Capital Funding
When you want to start a small business many of the initial decisions and plans can be fun! It can be fun to think of a business name and pick a logo. You’re passionate about it. You’re looking to solve problems for your customers. You have a mission you want to achieve—it’s all so inspiring! But starting a small business takes more than passion and inspiration. It takes resources, time, and something called “capital.”
Four Reasons To Be Thankful For Payroll Factoring
What are you thankful for this year? People often think of their family, friends, and health. If you’re a business owner, there’s even more to be thankful for. This could include good employees, good customers, and a strong foundation. But we know it takes help and resources to create a successful business. Services such as payroll factoring help your business function and manage your concerns.
What Is A Factoring Company?
There are many organizations out there claiming to help you better run your business. Get-rich-quick schemes and snake oil salesmen are everywhere. Your business is too important to risk with false claims or bad deals. But sometimes, you are in need of increasing your cash flow. You might feel like your only options are selling equipment, letting employees go, or taking out loans. Before you take any of those steps, learn more about what a factoring company can do 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