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.
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