Debt is a necessary part of running a business, but too much debt can hinder your growth. If you find yourself struggling with high levels of debt, it may be time to consider alternative financing options. In this article, we’ll explore how alternative financing can help reduce your business debt and provide the working capital you need to thrive.
As Thanksgiving draws near, we find ourselves reflecting on the abundance of gratitude we hold for our incredible clients, friends, and business associates. In the spirit of the holiday, we would like to inform you that Universal Funding will be closed on Thursday and Friday. Normal business hours will resume on Monday, November 27.
In this blog article, we delve into various approaches that can help businesses steer clear of the brink of insolvency. From effective cash flow management techniques and debt management to diversifying revenue streams, we highlight valuable strategies that can make a significant difference to mitigate financial risk.
Universal Funding Corporation, a pioneer in the invoice factoring industry, is proudly celebrating a quarter-century of providing financial solutions to businesses across the nation. Founded in 1998, the company has played a crucial role in helping businesses of all sizes maintain steady cash flow and achieve their growth goals.
Effective cash management is pivotal for the success of any business. Your cash position, representing the available cash at your disposal, plays a crucial role in ensuring informed financial decisions. This blog article delves into the significance of understanding your cash position and offers valuable tips for its effective management.
Payroll funding offers small businesses a lifeline in terms of financial stability and growth potential. The benefits range from improved cash flow and mitigating credit risks to quick access to funds. Small businesses can leverage payroll funding to ensure their growth isn’t hindered by financial constraints. If you’re a small business owner looking for a way to manage your finances more effectively, payroll funding is a solution worth considering.
Maintaining a healthy cash flow is crucial for staffing agencies. However, the persistent delays in client payments can create significant hurdles. Staffing factoring offers a solution by providing immediate payment for invoices, eliminating the need to wait for client settlements. In this article, we’ll delve into the benefits of staffing factoring and how it can empower your agency to overcome cash flow challenges.
As a business owner, we know the frustration of dealing with outstanding invoices all too well. In our latest guide, we’re offering tips to help you tackle those pesky unpaid invoices head-on and secure the funds you’re owed. With the strategies in this guide, you’ll minimize the impact of unpaid invoices on your business and ensure you get the compensation you deserve.
Small business owners are cautiously optimistic, with a notable uptick in their confidence index. Our latest blog delves into the details, examining what this means for small businesses and the broader economy. Discover key takeaways, including persistent concerns about inflation and its impact on businesses. Explore the challenges and opportunities small businesses face in today’s economic landscape.