Industries We Serve

Growing Companies Turn to Universal Funding for Fast, Debt-free Working Capital

At Universal Funding Corporation, we understand the challenges that businesses face when it comes to managing cash flow. Cash flow is the lifeblood of any company, and insufficient funds can hinder growth, limit opportunities, and impact overall success. That’s where invoice factoring comes in as a powerful financial tool that provides companies with the flexibility they need to thrive in today’s competitive market.

Invoice factoring is a dynamic financial solution that offers significant benefits to companies of all sizes and across various industries. Whether you’re a small business or an established enterprise, invoice factoring can help unlock the potential of your business by providing a steady cash flow, enhanced flexibility, risk mitigation, and improved financial stability. By partnering with a reputable factoring company that understands your industry’s unique needs, you can take control of your cash flow, seize growth opportunities, and ensure your company’s success in today’s competitive landscape.

Partnering with Universal Funding can help you:

  • Make payroll
  • Pay bills on time or early
  • Purchase inventory, materials and supplies
  • Expand operations
  • Hire new employees
  • Stay current on taxes

We can help even if you have experienced:

  • Maxed-out lines of credit
  • Terminated and/or reduced lines of credit
  • Seasonal business
  • Tax problems

Factoring for Small and Medium-sized Enterprises: Enhancing Cash Flow and Flexibility

Small and medium-sized enterprises (SMEs) are the backbone of the economy, but they often struggle with limited resources and tight budgets. Cash flow constraints can be particularly challenging for SMEs, hindering their ability to seize growth opportunities and sustain day-to-day operations. Factoring offers a lifeline to SMEs by providing a reliable and consistent source of working capital.

By leveraging their outstanding invoices, SMEs can convert their unpaid receivables into immediate cash. This newfound liquidity empowers businesses to meet their financial obligations, seize growth opportunities, and navigate seasonal fluctuations with ease. Unlike traditional bank financing, factoring is flexible and scalable, meaning that the funding available to an SME grows alongside its sales. This adaptability allows SMEs to respond swiftly to market demands and capitalize on emerging opportunities.

Moreover, factoring provides SMEs with an outsourced credit management solution. Factoring companies often handle credit checks, collections, and accounts receivable management on behalf of SMEs. This relieves the burden of credit management, allowing SMEs to focus their valuable time and resources on core operations and strategic initiatives.

Factoring for Established Companies: Managing Cash Flow and Mitigating Risk

Even well-established companies with a solid customer base can encounter cash flow challenges. Slow-paying customers, long payment cycles, and unexpected expenses can disrupt operations and strain financial stability. Factoring provides a proactive solution for established companies, allowing them to convert their invoices into cash without waiting for payment.

By partnering with a reputable factoring company, businesses can offload the burden of credit management and focus on their core operations, knowing that their cash flow remains steady. This can significantly reduce the administrative costs associated with credit management, including staffing, software, and resources.

Additionally, factoring acts as a risk mitigation strategy. When companies sell their invoices to a factoring company, they transfer the risk of non-payment to the factor. This reduces their exposure to bad debt and provides them with a predictable and stable cash flow. By mitigating the risk associated with late or non-payment, established companies can confidently pursue growth opportunities, invest in innovation, and navigate economic uncertainties.

Factoring for Industries with Lengthy Payment Cycles: Overcoming Working Capital Constraints

Certain industries, such as manufacturing, construction, or oil and gas, often face extended payment cycles due to the nature of their business. These industries typically engage in large-scale projects that require significant upfront investments and take time to complete. As a result, companies operating in these sectors may experience working capital constraints and limited access to immediate funds.

Invoice factoring offers a viable solution by bridging the gap between invoicing and payment. Companies in these industries can unlock the value of their invoices and receive immediate funds, ensuring smooth operations, timely project completion, and continued growth. This enables them to pay suppliers, meet payroll obligations, and invest in new projects without being hampered by long payment cycles.

The advantages of invoice factoring extend beyond improved cash flow. Factoring also provides companies in industries with lengthy payment cycles with greater financial stability. By receiving immediate payment for their invoices, these companies can better manage their working capital, reduce reliance on costly short-term loans, and enhance their overall financial health.

Invoice Factoring for Manufacturing and Fabrication Companies

Many of our best clients are in the manufacturing industry. We know that growing a manufacturing business can be an uphill process, but we’ve helped many companies succeed by providing commercial capital.

The strategies manufacturers used a year ago to cut costs and increase sales are reversing this year. Materials and supplies that were once outsourced to China are now being obtained domestically, which signals hope for bringing jobs back into this country.

You’re going to need cash to meet payroll, pay your suppliers, and increase sales. Universal Funding can provide the money you need right now and in the future. Growing companies can turn to Universal Funding for working capital on demand. We can fund start-ups, principals with poor credit, companies that have lost their line of credit and businesses that don’t want debt. We have helped companies with seasonal or uneven sales patterns and companies that may be headed for trouble unless they can rescue cash flow.

Accounts Receivable Financing for Wholesale & Distribution

We are the experts in working capital financing for distributors and wholesalers. Understanding the needs of your industry has been the goal of Universal Funding since the beginning. With so many complex layers to your business, it’s enough work for you to stay on top of daily operations and bring in new sales, let alone worry about your cash flow.

Invoice factoring can be the solution to the cash flow crunch. When your company is not lacking the business, but lacking the cash flow, Universal Funding can advance you the working capital you need within a few hours of invoicing.

Our services include accounts receivable management, which can free up your accounting department. We handle your invoicing and collections, credit management, and provide you with immediate cash to pay your suppliers and overhead costs. The advantages of factoring are numerous, but the bottom line is cash flow.

Growing companies can turn to Universal Funding for working capital on demand. We can fund start-ups, principals with poor credit, companies that have lost their line of credit and businesses that don’t want debt. We have helped companies with seasonal or uneven sales patterns and companies that may be headed for trouble unless they can rescue cash flow.

Understanding the needs of your industry is our primary goal at Universal Funding. With so many complex layers to your business, it’s enough work for you to stay on top of daily operations and bring in new sales, let alone worry about your cash flow.

Invoice Factoring for Staffing and Personnel Companies

Staffing companies especially benefit from factoring, as payroll often must be paid out 30 days or more before the company gets paid. It can be difficult to cover costs when cash is tied up in accounts receivable. Universal Funding bridges the gap between invoice and payment with debt-free immediate cash. We also provide accounts receivable management services that will free up hours spent invoicing and collecting payments from your clients.

Payroll Funding for Staffing Companies

Our in-house approval process allows Universal Funding to provide a versatile, flexible Payroll Funding program that is tailored specifically to your staffing company’s cash flow needs.

Growing companies can turn to Universal Funding for working capital on demand. We can fund start-ups, principals with poor credit, companies that have lost their line of credit and businesses that don’t want debt. We have helped companies with seasonal or uneven sales patterns and companies that may be headed for trouble unless they can rescue cash flow.

Receivables Factoring for Oil, Gas, Energy & Mining Companies

Universal Funding offers accounts receivables financing programs available to provide immediate capital to oilfield service companies. Companies that provide welding, drilling equipment, maintenance, transportation and other services to oilfields, or other energy resources, can benefit from accounts receivable factoring.

Factoring outstanding invoices increase the availability or working capital, reduces the administrative burden of managing accounting receivable, and makes managing cash flow more straightforward.

Business Service Providers Turn to Invoice Factoring

Frozen cash flow can be a major disaster for a business, whether you’re in a growth or innovation phase, or struggling to stay afloat. Many service companies are experiencing cash flow shortages due to outstanding accounts receivable invoices. You may offer 30 day terms, but that doesn’t mean your customers always pay within 30 days. You still have to meet payroll, keep your taxes current, pay your vendors, and keep the lights on. Here are some of the advantages of invoice factoring:

  • Put debt-free working capital into your business
  • Make up for rising energy and labor costs
  • Carry you through times of seasonal or uneven sales
  • Fund new advertising and marketing efforts
  • Cover payroll, overhead, and cost of goods sold
  • Take advantage of vendor discounts
  • Focus on niche markets, expand operations, fill large orders
  • Free up hours spent invoicing and collecting payments

Accounts Receivable Financing for Printing Companies

Factoring your accounts receivable for available cash is one way you can get the ball rolling towards growth for your business. Universal Funding is an accounts receivable factoring company and can become an ideal partner that supplies the cash, but won’t tell you how to run your business.

Our CEO and founder, Henry Wozow and his wife Pattie, started a west coast printing company over 30 years ago. During a growth phase, Henry actually factored his accounts receivable invoices until he was able to obtain traditional financing. Thanks to this decisive action and a decade of savvy planning, his business flourished and was sold for a considerable profit.

Henry has hands-on experience in the printing industry, so he understands the issues you may be facing. By its very nature, printing is an industry that experiences cash flow issues at one time or another. The gap between receiving payments from your customers and paying suppliers for raw materials can cause disruption to your cash flow and could stunt your growth plans.

On top of the usual issues, the printing industry is experiencing a hit from changes in technology. So much of what used to be in print has gone digital or online. Because of this shift to internet advertising, e-books, and online news, many printers are closing up shop, which could mean less competition for those who are innovative.

David Dodd’s blog post “Finding Opportunity in the Recession” at PrintCEO.com provides an interesting observation. “Many graphic communications companies now consider themselves to be ‘marketing services providers.’ I can’t help but wonder how many of these MSP’s are now working aggressively to create innovative solutions that will help clients maximize the effectiveness of their marketing efforts and ‘stretch’ their marketing dollars.”

As a printer, you have the opportunity to offer marketing solutions to your new and existing customers. “Doing more for less” has always been smart, but now it’s crucial for businesses to grow. One way to capitalize on this hot topic is through cross-media marketing. Offer your clients a contact list, printed materials that direct traffic to a website, follow-up calls and/or emails, and easy tracking of the returns.

Innovation costs money. Don’t you wish you could just print money? Or when you print an invoice, the payment comes right away? An invoice factoring program can unlock your receivables and turn them into cash to pay the bills and grow your business.

Growing companies can turn to Universal Funding for working capital on demand. We can fund start-ups, principals with poor credit, companies that have lost their line of credit and businesses that don’t want debt. We have helped companies with seasonal or uneven sales patterns and companies that may be headed for trouble unless they can rescue cash flow.

Universal Funding has the cash solution for businesses large and small, local and national.

Invoice Factoring for the Transportation & Trucking Industry

Make no mistake, the trucking industry keeps our country moving forward. Without it there would be no fuel in our gas stations and no food on our grocery store shelves.

For all the trucking and transportation industry does for us, what do we do for them? We get irritated at their big rigs in city traffic and fly by them on the freeway. All the while, the companies who pay for their loads often make trucking companies wait months on end to receive payment.

That makes it very difficult for companies to pay their drivers on time and buy fuel for their next haul.

If you are involved in the transportation or trucking industry, Universal Funding can buy your invoices for immediate cash, which you can use to keep your business, and our country, running.

Other B2B Industries

Do you find yourself in the “other” category? We serve many clients whose companies don’t fit within a particular industry as the services they provide are out of the box or occupy a niche market. No need to worry if your industry wasn’t listed. If your company is a B2B (business to business) service provider, we can most likely help.

We are always intrigued by our clients who offer services that we had never heard of before. These are oftentimes the entrepreneurs who identified an obscure need and created a service around it. These companies have huge growth potential as they are the first in their field. Growth comes at an incredible expense and accounts receivable factoring is a way to free up business capital to fund that growth.

We’ll consider ourselves fortunate if we are given the opportunity to fund your business growth!

Turn unpaid invoices into cash

Don’t wait 30, 60 or 90 days for customers to pay. Get an advance on your outstanding invoices with invoice factoring.

Get Funding Fast