Most business owners know that accounts receivable is the lifeblood of their business. Cash flow consists of collecting payments for products that were sold, or services performed or rendered, but when a customer neglects to pay on time, your business can quickly turn into a nightmare. Collecting receivables that are due is often the most draining aspect of running a business, but luckily you have another option. Consider selling accounts receivables to Universal Funding and allow us to respectfully, honestly and openly manage the payment process for you.
Although many companies are already familiar and accepting of invoice factoring, Universal Funding will send an introductory letter and request payment be made out to your company and sent to a lock box P.O. Box address. It ensures privacy and trust for both you and your customer. Your success is our top priority, so we will always strive to maintain our partnership through consistency, honesty and integrity.
Immediate Cash Flow
The biggest advantage to selling your accounts receivables is the almost instantaneous increase in cash flow. Universal Funding will pay you upfront for your invoices and release you from the hassle of collection management with your customers. Not only will you have more time to focus on growing your company, but you’ll also be able to save money by reducing personnel that solely handle your company’s A/R management.
Another advantage to factoring your invoices is the opportunity to improve your credit rating. This is a direct by-product of an increased cash flow as it allows your company to have more funds readily available to pay bills on time. Here are just a few more advantages to selling your accounts receivables:
- Default risk
- Manage debt
- Save money
- Save time
- Increase sales
- Grow your company
Give It a Try
Discover why more and more companies are choosing to sell their accounts receivable by partnering with Universal Funding. Give us a call today at (800) 405-6035 or request a free consultation by filling out our online rate form. Reduce the hassles, the headaches and the stress of waiting for payments to arrive by utilizing invoice factoring. We look forward to partnering with you and helping to grow your company.