I don’t know of any two companies that are exactly alike. Even similar companies serving the same industry can have vastly different ways of earning money, completely different spending strategies and differing ways of handling accounts receivable.
That’s the beauty of the business world, but also the bane of many commercial financial companies. There are no one-size-fits all financing strategies that apply to all businesses. Even invoice factoring, a relatively straightforward and simple financing tool, can be tailored to the needs of individual business.
Not all factoring companies do that, though. The ability to build client-specific programs that meet the needs of an individual company is a key advantage to using Universal Funding Corporation as a source of financing.
Here’s a simple fact: companies that don’t factor lack the the same control over their cash flow as companies that do factor. Factoring provides a company with predictable, and guaranteed, payment of invoices. No waiting, no wondering when the cash will arrive in the mail.
In addition, companies that factor are able to take advantage of early-payer discounts and use the money to cover expenses and general overhead, all at a constant rate that won’t ever come with a surprise change. When sales volumes and expenses are easily projected, a strategy for growth can become imminently clear.
We’re operating during a time in history where businesses are under constant pressure to cut costs, trim operational controls and maintain profitability. If companies are forced to spend extra time figuring out credit and cash flow concerns, less time is available for planning to increase sales and implement marketing efforts.
Factoring gives business owners that time, in addition to a debt-free constant cash flow.
An under-capitalized business is simply never going to grow. In fact, it can even lead an otherwise-strong company to go under. That’s a shame.
The programs offered by Universal Funding are meant to maximize profits and take the stress out of cash flow management. Most of all, Universal Funding’s goal is to foster success in its clients.
When small business succeeds, we all do.