Invoice Factoring: A Scalable Funding Solution
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 was for $600,000 per month. Having healthy cash flow allowed this company to grow beyond their expectations. Within four months they requested an increase in their line limit to $1,000,000 per month. In another two months they had experienced incredible growth and were seeking to further increase their line to $2,000,000 per month.
Having a scalable finance solution is what allows companies like this to grow three fold in a matter of months. Make sure you have a financing solution that will grow as rapidly as your business can. Using the accounts receivable financing provided by Universal Funding can help your business achieve these goals. Call 1-800-405-6035 or complete our rate form and one of our factoring specialists will get in touch with you right away.