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

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


Let Your Factoring Company Analyze Risk

In order to remain competitive in your industry, you’ve probably considered extending credit terms to your customers. Maybe you already offer payment terms to customers in good standing. When your customers pay on time, all is good, but what happens if they don’t pay... read more

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

Universal Funding Corporation
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Spokane, WA 99213


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