Are you finding it hard to keep up with your rapidly expanding business? New orders and the acquisition of new accounts can test the limits of your production capacity. If you find yourself in need of funding to help grow your business, Universal Funding can help. Factoring account receivables can help you finance necessities such as the addition of new personnel, equipment and even payroll as your business flourishes.
If you have outstanding account receivables, Universal Funding has the solution for you. Factoring account receivables, or invoice factoring, is an effective and easy way to keep your business operating at its peak performance. When traditional financing methods are too slow or too hard to acquire, consider this valuable alternative. Keeping up with your business’s growing needs will allow you to meet your customers’ demands and ensure your continued success.
This is a proven financing solution that has been in place for thousands of years. Large multinational companies have been using factoring for decades, and until recently it has been a trade secret. As more banks tighten their limits and lending, more and more small businesses have turned to this fast alternative for financing. Universal Funding has been an industry leader for 15 years and has helped numerous companies stabilize their cash flow to get through growth periods.
To find out how you can gain access to this fast cash flow solution call us at 1-800-405-6035 or click here to submit a rate form and one of our Business Development professionals will follow-up with you.
Have you been considering the sale of accounts receivable for your business? If so, you’ve known that you need access to money for your business now – not later. While this may be something you have considered in the past, now you may be facing an eminent cash flow shortage and need to act. Let us show you how you can truly realize the benefits of this financing option.
With the sale of accounts receivable, you will be able to access the money your business needs now, without waiting on your clients to pay. This puts you in a better financial position, creating cash flow, which will allow you to pay expenses and continue to grow without incurring debt or having to make a monthly payment.
Like most major business decisions, the sale of accounts receivable is something that takes a lot of consideration. How much money do you need right now? What will it cost? How long will it take until you receive the cash? These are the types of questions that will put you on the right track.
Asking these questions will help you to determine if the sale of accounts receivable is the right solution for you. When you approach a funding source like a factoring company, they should provide you more information on the process, including how to get started, so you can decide if it can better your financial situation in the long run.
Let our team of Business Development professionals quickly determine if our factoring services are a good fit for your company. Call us at 1-800-405-6035 or fill out a rate form and we will follow-up with you to quickly determine advance rates and factoring fees.
Do you have a company that does business-to-business transactions and can identify with at least one of the following?
- Need cash ASAP
- Can’t wait 30-90 days for payment
- Trouble collecting accounts receivable
- May be behind on bills
- Has orders, but no capital to cover costs
- Has enough demand for growth, but not enough capital to grow
- Needs to invest in business to adapt to market changes
- Cost of doing business has increased and cuts into profits
- Seasonal fluctuations in business
- Doesn’t qualify or has been cut-off by bank or existing line of credit is maxed.
If the answer is yes, then Universal Funding Corporation can help by providing invoice factoring services. Could any of the following be a solution for your company?
Access to cash within a few hours after invoicing
- Get paid for your products/services right away
- We manage your A/R & credit check your customers
- Pay bills, cover payroll, pay early for vendor discounts
- Cover the rising cost of doing business
- Turn your money over faster to invest in growth
- Retool/refocus your business model to meet changing market demands
- Increase marketing, purchase new equipment, upgrade technology
- Don’t turn away business for lack of cash flow
- Carry through seasonal or uneven sales
- When the bank says no, Universal Funding says yes.
Factoring accounts receivable with Universal Funding comes with the following benefits:
- Application approval as fast as 2 business days
- Funding as quickly as 2 hours after receipt of invoice
- Debt-free working capital to use any way you want
- No monthly payments
- Credit management services – credit analysis on new and existing customers
- Collection management services – friendly reminders and payment verification
- Merchant account services – ACH payment capabilities for your customers
- Invoice and statement mailing – postage included
- Factoring account status reports updated daily
- Electronic invoice submission
- Professional accounts receivable management
- Personalized service – one dedicated person who handles your account from beginning to end.
Many companies all over the country in the following industries utilize the customized factoring programs offered by Universal Funding in order to maintain and grow their businesses:
- Business service providers
- Manufacturing and Fabrication
- Printing and Publishing
- Staffing and Temporary Personnel
- Wholesale and Distributing.
For a risk-free quote or just some more information, click here to fill out a rate form or call us at 1-800-405-6035.
Do you feel like your business is drowning in accounts receivable? You’ve already delivered a product or provided your service and are just waiting to be paid. The accounts receivable owed to your businesses by another business can consume valuable company time and energy. There are many different business models that are effective in dealing with outstanding accounts receivable, but it is particularly seen most often in the services industries. When you are working on a large project for a client, it is likely they are not going to be willing to pay the full amount up front. In situations such as this, it is of vital importance that you have the proper planning to ensure that your cash flow isn’t affected by a large output of your resources while you wait for project completion and payment. You also want to be able to quickly and effectively collect upon debts that are owed to you shortly after you deliver a completed project.
When you are managing your accounts receivable, one of the most important things that should be taken into consideration is a back-up plan for when your customers are slow to pay. This means you have spent months of resources on a specific project and you then wait months to get paid and benefit from revenues. In cases like that, you may want work with your business consultant to broker a financing solution with a factoring company. The factoring company will purchase the invoices that are owed to your business and provide an instant cash advance worth a high percentage of the value of the invoice. This is an excellent option for business owners that are spending too much time waiting and trying to collect on their accounts receivable.
If you are in need of immediate funding and have unpaid accounts receivables, please call 1-800-405-6035 or click here, and one of our Business Development professionals will follow-up with you.
If you are looking for an innovative and hands-off solution for your customers’ finances and cash flow improvement, one direction you may want to pursue is developing a relationship with a factoring company. As a business consultant, whether you are a CPA, in banking, or M&A you can also wear the hat of a factor broker. A factor broker typically introduces their customers to other businesses with specialized invoice factoring services. The broker generally determines if factoring will be the best course of action for the businesses they consult and recommends their preferred factoring service provider.
Factoring is an agreement between the factoring company that will be providing the services, and the client, where the factor to purchase the accounts receivables for an immediate cash advance. You will serve as an intermediary, introducing us to your clients who need a financing alternative. You can have as much or as little interaction with the process, whatever you and your customers are comfortable with.
Working as a factor broker can ensure that your customer’s cash flow is well maintained and can provide a substantial income for the broker. Developing your skills as a factor broker will allow you provide one more service to the clients you serve and will round out your portfolio of offerings.
Because Universal Funding’s office is located in the Inland Northwest we rely on our extensive nationwide network of factoring brokers. For more information on how to earn an income by sending referrals to Universal Funding, please call 1-800-984-4265 or submit our Broker Agreement, and one of our Business Development professionals will follow-up with you.
Most B2B businesses who utilize other businesses in order to provide their products and services to their customers offer payment terms of 30, 60, or 90 days before an invoice must be paid. This is a way that companies extend credit to one another and it helps the world go round, so to speak. “You scratch my back and I scratch yours.”
The only trouble with this arrangement of payment terms is that there’s sometimes a long wait to get paid for the products and services that have already been fulfilled. It can be tricky to continue to provide products and services to other customers while waiting 30, 60 or 90 days for outstanding payments to come in. Those outstanding payments are an asset as accounts receivable, but they don’t do much good unless they can be converted to cash and used for operations.
One clever way to bridge the gap between invoice and payment is by factoring invoices. Once an invoice has been received the business turns to a factoring company, such as Universal Funding. The factor purchases the company’s unpaid invoices at a discounted rate and provides an immediate cash advance for the products and services sold to the company’s customers.
It’s like a business cash advance without acquiring any additional debt. For more information on accounts receivable factoring or for a quote, click here or call Universal Funding Corporation at 1-800-405-6035.
There is no business rule that requires you to get the financing you need to continue operating your business from a bank. There are many ways for you to get the additional financing you need to take advantage of a sudden upsurge in the number of orders you have received for your goods and services. Invoice factoring is a non-traditional financing method that enables you to use the increase in orders itself as a means of getting the cash flow you need to keep up with production and keep vendors happy.
It is often the case that companies experience a sudden and significant surge in the number of sales they make. This can happen for a variety of reasons but regardless of the cause of such an event, it is vital that the business be able to meet the new demand adequately. Universal Funding provides a fast financing option.
Creating the production capacity needed to meet an increase in demand sometimes requires hiring new personnel or acquiring new equipment. This will be an added expense—that must be paid on the spot and coming up with the cash required to bring in new resources puts many business owners in the position of having to borrow. However, when you factor receivables, your business can get an advance against the new invoices you have, and buffer the financial situation.
When you choose to factor receivables, you are using your invoices as assets and can mitigate some of the added expenses that come with growing demand for your product or services. If you are concerned about your cash flow being affected by an increase in demand please call 1-800-405-6035 or click here, and one of our Business Development professionals will follow-up with you.
Are you thinking about initiating the sale of some or all of your company’s accounts receivable? Even if you aren’t struggling financially, payroll and making payments to vendors can be put into a crunch if your customers are extending the terms on their payments. It is a relief to know you always have the option to sell your A/R and receive immediate financing for these invoices.
Invoice factoring has become a common business practice and many of your customers may already be used working with factor companies. We understand that your customers are the most valuable key to your business and when we communicate with them it is respectfully designed to protect your good will. We create a financing program that is seamless for you and your customers.
If your business is feeling the strain because you have customers that have yet to pay on their invoices, now is the time to take action to keep the business from falling behind financially. We help businesses of all sizes sell their accounts receivable and get out from the grips of debt, high interest rates, late payments, and stress. The funding services we offer at Universal Funding work similar to a bank loan, except that we can offer faster approval, quicker funding, and lower rates.
Minimize how your cash flow and company are affected when customers are slow to make their payments through the sale of your accounts receivable.
To find out how we can customize an invoice factoring solution for you, call us at 1-800-405-6035 or click here to submit a rate form and one of our Business Development professionals will follow-up with you.
Some company owners and managers are misinformed that getting asset based financing is time consuming and complicated. When looking at companies in the factoring industry you will find some truth in those beliefs, but we’ll show you how Universal Funding is different. There are more than a few factoring companies offering asset based financing who require reams of paperwork, which takes a lot of time to complete and process. Typically these service providers are tied to a larger lending conglomerate with a time consuming approval processes. The good news is Universal Funding Corporation has taken the hassle out of applying for asset based financing because we are a stand-alone financial entity. We have the flexibility to make fast approvals that others do not and can come to a decision while others are drowning in paperwork.
Businesses that work with Universal Funding for their asset based financing needs are often impressed to see that Universal has a simple, one-page application form. Their application, along with a few other documents such as DBA, Articles of Incorporation and a sample invoice are often all that is needed to get the asset based financing ball rolling. Approval can occur in about 48 hours when all of the proper documentation is submitted. What could be easier?
When it comes to applying for asset based financing, Universal Funding believes that timeliness is a value added service they can provide. Your time is as valuable as your finances, so our streamlined process will let you focus on running your business instead of lengthy paperwork. Why make applying for asset based financing more complicated that it needs to be? We understand that when a business needs asset based financing, they need access to those resources fast. By streamlining the asset based financing application process, Universal Funding is able to provide the financial assistance businesses need much more quickly.
Let us determine if we have an invoice factoring solution for you, call us at 1-800-405-6035 or click here to submit a rate form and one of our Business Development professionals will follow-up with you.
As a business consultant and factoring broker your ultimate goal is to help the businesses you advise gain quick access to financing. Your clients look to you for experience and knowledge that will help their company grow. Even if you have little experience as a factoring broker, we will work with you to provide your clients with fast financing and quality service. As a factoring broker you will have the ability to deliver a high-quality financial service to your clients when traditional financing may not be a solution. You will have one more avenue of financial strategy to add to your business consulting portfolio.
The staff at Universal Funding Corporation has made it a point to always provide their clients with a high level of personal service and we will extend that level of service to your clients who you refer to for our factoring services. When you join our broker referral program, you will work closely with an assigned Business Development Associate who will take the time to know you and your business. They understand that many of your clients may be new to the concept of accounts receivable transactions and will ensure that all their questions and concerns are addressed.
When you work as a factoring broker who takes personal service seriously, you want your customers to experience the same level of quality with business service providers you recommend. This is important for any business relationship, and our team at Universal Funding Corporation makes it a priority to deliver a higher level of service than what is provided at many other factoring companies.
Anyone needing assistance with acquiring fast cash resources for the businesses they consult, and as long as those businesses have accounts receivables, should consider being a factoring broker with Universal Funding. If you have clients that you think could benefit from accounts receivable financing and you would like to benefit from a high paying commission plan please call 1-800-984-4265 or submit our Broker Agreement, and one of our Business Development professionals will follow-up with you.