Businesses, large and small alike, need to have a wide array of services and tools at their disposal in order to maximize their success. Factoring companies, like Universal Funding, can help a business through times when the dips in cash flow put a strain on daily operations. Capital is something that is always on the minds of business owners. Without constant access to capital, businesses cannot pay their employees, purchase supplies, or keep buildings open and operating. When a business charges clients by invoice, they are often subject to gaps between payments. Because invoices are usually paid in a 30 to 60-day window, businesses can be left waiting for access to capital for months at a time.
Factoring companies are the solution to this delay! Universal Funding will purchase a business’s unpaid invoices and provide the business a predetermined percentage of the total value. Invoice factoring is not a loan; it simply gets businesses money that they’ve already earned, faster. When a business uses invoice factoring they have instant access to the money they’ve earned and can continue to operate their business with no gap in cash flow. You no longer have to worry about stretching capital until the next invoice payment comes in; you’ve got access to your money when you need it!
For more information on Universal Funding and the financial assistance that we can provide your business, give us a call today at 1-800-405-6035 or submit a rate form for a free consult on your financing options.