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.
Payroll Factoring For Security Guard Companies
One of the most important parts of a company is their employees. Without them, it would be difficult to operate. Every company wants to make sure that their employees are happy and taken care of and are compensated accordingly. While this is a good intention, sometimes those middle of the month pay dates can be difficult if you’re still waiting on invoices from your customers. Paying your employees on time is important and you want to make sure to keep your company operating smoothly. That goes double for security guard companies.
This is where United Capital Funding can help. We provide payroll factoring for security guard companies to make sure that your company has the opportunity to grow while keeping their employees happy. Here are some ways that United Capital can help your company:
We Provide Flexibility
We understand that our services might not be required every month which is why we don’t require a long-term contract. We are flexible can work with your company on a month-to-month basis when needed. And if you decide that our services are no longer needed, we don’t charge a cancellation fee! Most companies find that after a few months of factoring that their cash flows even out and no longer need the service. We want to do what we can to get your business where it needs to be.
You Come Out Debt Free
Unlike a traditional loan, you won’t have any debt after the process. This is because the funding is based on work already done. The process works because we purchase your accounts receivables and assume the responsibility to collect on them, reducing the risk on your company. We essentially give you an advance on those accounts receivables. This process is also easier for bookkeeping and will not reflect debt on your financial statements.
Credit Issues Don’t Affect Factoring
We understand that security companies sometimes have to pay them employees late based on things outside of their control. With United Capital Funding you don’t need to worry about your credit score because we don’t review that during the process. With almost two decades of experience servicing security companies and we’re ready to help you.
Don’t wait up to 90 days to get a return on your invoice. Sell United Capital Funding your invoices and we can provide almost immediate funding. You can get up to 80% of your invoice in advance and the balance will be held until paid by the client. When we collect the full balance of the invoice from your customer we return the reserve balance to you, minus a small fee for our services. It's very simple to guarantee payment for your services with United Capital Funding.
Let United Capital Fund You
We will work with your through every step in the process. We have over two decades of experience in the security industry and can give you the opportunity to grow your business without going into debt. Give us a call at 877-894-8232 or fill out our online form to get a quote and start the process. It’s that simple!
Article Posted On: June 05, 2018