In order to remain competitive in your industry, you’ve probably considered extending credit terms to your customers. In fact, it’s quite likely that you are already offering payment terms to your best customers. While extending a credit term by 15, 30 or 60...
No two companies are exactly alike. Even similar companies serving the same industry can have vastly different ways of earning money, completely different spending strategies and differing ways of handling accounts receivable. That’s the beauty of the business...
You might wonder, besides getting money right away, what else a factoring company can do for you. If you’re working with a limited service factor the answer is, not much! However, Universal Funding is a full-service factor and offers a wide range of services that can...
Although invoice factoring might interest your company, one of the best ways to know if it’s right for you is to thoroughly research the process. The best factoring companies try to make the process easy on your business. Universal Funding, a top-rated factoring...
Invoice factoring, also known as accounts receivable financing, is a form of asset-based financing. Everyone is familiar with bank loans, which are a primary source of business financing. Banks and other providers of traditional funding options analyze a company’s...
The Top 10 Reasons to Use Accounts Receivable Factoring At Universal Funding we have heard countless reasons why companies want and need our accounts receivable or A/R factoring services. Here are the top 10 reasons businesses choose to work with factoring companies...
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