We Wait, So You Don’t Have To

They say cash is king.

When ample amounts of it are flowing through your business, they are right. But when there’s a lack of cash, the only thing king-sized about it is the trouble it creates.

For many businesses, keeping cash as king is as easy as factoring.

Factoring, in its simplest terms, is just another word for getting paid immediately. It enables businesses to avoid waiting for payment on invoices from customers who take upwards of 30-60 days to pay.

Instead a factor buys those invoices, effectively paying the business right away. The invoices are then forwarded to your customers, who are given the luxury of waiting to pay. Many companies rely on factoring because they simply can’t afford for their invoices to go unpaid for two months.

Universal Funding does the waiting for you.

Offering payment terms can be challenging when working with other businesses. Waiting 60 days to get paid can seem like a lifetime when you have bills that are due in 15. The situation can get even harder when a potential customer seems promising but then asks for lengthy payment terms. Is the opportunity to sign the customer and risk a cash flow problem better than losing out on the customer’s business altogether?

Working with a factor can eliminate that worry and allow you to take on the customer while knowing you’ll be paid immediately.

Universal understand the needs of businesses and the tools that help pave the way to success.

A strong cash flow is vital and factoring provides the capacity to grow when other forms of financing may not be available. Factoring can also provide access to credit and collection services at a fraction of the price of doing it yourself.

Factoring allows your business to be more competitive and make more money.

In short, factoring makes cash king again.

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Press Releases

Financially Fit Businesses in 60 Days or Less

Spokane, WA (May 16, 2016) – Companies get financially fit by using the services of an invoice factoring company. Universal Funding Corporation provided working capital funding for five new clients in April. Over the course of the next year, these new clients... read more

Growing Companies Get Financing from Factoring Company

Universal Funding Corporation releases early numbers for new clients served in the first quarter of 2016. Highlights include: $12 million factoring facility for a distributor in New Jersey $2.4 million factoring facility for a car service in Arizona $1.2 million... read more

Blog

Financing that Grows With Your Business

This success story comes from a green minded company that specializes in e-waste recycling where they clear data on electronic devices for other businesses. The client started using Universal Funding’s invoice factoring services in 2015. Their initial factoring line... read more

Is Your Company Unable to Offer 30-Day Payment Terms?

One key tool that business owners use to close deals and increase sales is to offer payment terms to their customers. Nowadays this is common practice and often expected in order to do business with some companies. Not only do buyers for big companies expect terms of... read more

Universal Funding Corporation
PO Box 13115
Spokane, WA 99213

800.405.6035

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