Capital Funding From United Capital Funding
Looking for capital funding for your small business? Look to United Capital Funding! It’s an uncomplicated funding source that allows you to stay in control.
United Capital Funding ushers in 2019 with record-breaking success
United Capital Funding, a nationally recognized commercial finance firm based in the Tampa Bay area, continues to exceed client expectations according to results from a recent client-wide survey distributed in the beginning of the year.
2019 Guide To Payroll Factoring For Staffing Agencies
No matter the industry, business is full of confusing terms, acronyms, and procedures. It’s hard to know where to focus your time and energy to best benefit your business. There could be beneficial services out there that you’re not taking advantage of. To help you out a little bit, here’s your 2019 guide to payroll factoring for staffing agencies.
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.
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.
The U.S Small Business Administration [Office of Advocacy] periodically publishes a fact-driven overview of the current state of small businesses in the United States. Entitled “Small Business Profile”, each report incorporates the most up to date government data and present a unique snapshot of small businesses in the United States.
A small business is defined for this profile as a firm employing fewer than 500 employees. Key data on net small business job change, minority small business ownership and exporter share statistics are based on the 2015 Statistics of US Businesses, 2012 survey of Business Owners, and 2015 International Trade Administration, respectively.
The most recent Small Business Profile provides proof that small businesses are the true engine that drives the nation’s economy. As noted in the title, Small Business is really BIG business in the United States.
I have selected some of the most important facts from the profile to provide how important small businesses are and that we need to do everything we can to nurture, support and help them succeed.
Key Metrics of Small Businesses in the United States, 2018
- There are 30.2 million Small Businesses [as defined above] the United States today.
- These 30.2 million businesses are 99.9% of all businesses in the entire United States.
- These businesses have 58.9 million employees, or 47.5% of the entire workforce in the US today. Total private employment in the United States was 124 million in 2015, the last year comprehensive data is available.
- The industries where small business employment is the highest [total employees] are health care, accommodation and food services, retail trade, manufacturing and professional, scientific and technical services.
- Small businesses created 1.9 million net jobs in 2015. What is even more interesting and important than this fact is that firms employing fewer than 20 employees experienced the largest gains, adding 1.1 million net jobs.
- Of the 30.2 million Small Businesses, 8 million are minority-owned businesses. This is about 27% of the total and growing rapidly.
- Median income for self-employed individuals at their own incorporated businesses was $50,347 in 2016. In unincorporated firms, this figure was less than half, or $23,060.
Based on this data, we can see why vibrant Small Businesses are the key to economic growth and prosperity in the United States. They account for the lion’s share of employment and net job creation today.
Read the entire report from U.S. Small Business Administration's Office of Advocacy here.
Article Posted On: January 04, 2019