When a Utah-based coffee wholesaler faced growing pains due to extended payment terms from customers, they turned to Universal Funding Corporation for a solution that would keep their business brewing strong. With $1 million in funding through invoice factoring, the company gained fast access to working capital—freeing them to focus on growth instead of waiting for invoices to be paid.
In today’s market, many wholesale distributors are experiencing delayed payments from customers as businesses look to stretch their cash reserves. For this coffee wholesaler, those delays created a gap between outgoing expenses like payroll and inventory purchases and incoming customer payments. Traditional financing options weren’t moving fast enough, but invoice factoring provided the flexibility they needed to sustain operations and capitalize on new opportunities.
“Universal Funding is proud to support this growing wholesale distributor with a custom invoice factoring solution,” said Jeffrey Kinservik, VP of Sales for Universal Funding. “When their customers moved to extended payment terms, we were able to step in with a $1 million factoring facility that put cash in their hands quickly so they could keep operations running smoothly and stay focused on growth.”
By converting their accounts receivable into immediate cash flow, the company strengthened its financial position and ensured continued support for its expanding customer base. The funding enables them to purchase inventory in bulk, fulfill growing orders, and explore new partnerships without waiting 30, 60, or even 90 days for payment.
Your Partner for Fast, Flexible Business Financing
Universal Funding partners with businesses nationwide to provide reliable working capital solutions through invoice factoring. Whether a company is managing rapid growth, cash flow gaps, or seasonal fluctuations, Universal Funding’s tailored funding programs help business owners stay focused on what they do best—running and growing their companies.
Don’t wait 30, 60 or 90 days for customers to pay. Get an advance on your outstanding
invoices with invoice factoring. Turn waiting into working capital today!
