What to Watch Out For in the Evolution of Invoice Factoring

Invoice factoring has been around, in some form or another, for centuries. It’s one of most tried and true forms of business financing out there.

Like all things in this day and age, technology has impacted the evolution of factoring. Businesses have begun to sprout up offering online auctions for a company’s receivables, where a business owner can post an invoice and have random investors buy it for a discount.

In theory that means an easy way to generate quick cash flow on an as-needed basis. Plenty of companies have tried these online factoring services, but some problems are beginning to surface. Problems that don’t happen when using a factor like Universal Funding.

When using an online auction-type factor, you never know who is buying your invoice. In fact, one invoice could be split between more than one investor. That may not seem like much a problem… until you consider that each invoice will be verified by the investor who buys it. That means your customers will be the ones bombarded with calls attempting to make sure the invoice is genuine. Do you want your customers dealing with the inconvenience and frustrations of that? That’s especially true if you do repeat business with the same customer over a long period of time. That customer is going to get awfully sick of fielding phone calls from different people every time you invoice them!

By factoring with Universal Funding, you still get a great rate and you get your cash just as fast. Plus, you always work with the same person and you know who is buying your invoices and can rest assured you and your customers will be treated with complete respect.

Unlike the auction sites, we are not a one-shot wonder factor. We build relationships with our clients and debtors and help businesses grow. We believe in and have adapted the latest technologies into our business, but one thing we’ll never stop doing is partnering with our clients and investing ourselves personally into their growth and success.

As our industry evolves, you can be sure our commitment to you and your business never changes.


Press Releases

Universal Funding Corporation Launches Website Redesign

Factoring company Universal Funding recently upgraded their website, making it easier for site visitors to get the information they need whether they are a current client, a broker, a client’s customer, or inquiring about setting up factoring services.  ... read more

Invoice Factoring Company Signs Over $16M in New Business

Universal Funding, a factoring company, to providing invoice factoring services to five new clients earned in October. SPOKANE, WA, Nov. 9, 2015 – Universal Funding, an invoice factoring company, has signed on five new clients who will factor over $16 M over the... read more


You Heard Universal Funding on Sirius XM

Yes, your ears did not deceive you;  Universal Funding can now be heard on Sirius XM radio! Ok ok ok, so we didn’t land a business advice show where our funding specialist help business owners solve their cash flow problems on air, but we did the next best... read more

Four Features That Affect Factoring Rates

When your business is experiencing low cash flow, you may find that a conventional bank loan is not the right solution to cover your immediate operating expenses. Property owners, employees and suppliers all need to receive regular payments whether or not the... read more

Universal Funding Corporation
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Spokane, WA 99213


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