Insights Blog
Why Trucking Fleets Turn to Factoring Companies for Their Cash Flow Needs
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. However, the companies that use your transportation services can make you wait for months on end before sending payment. This makes it extraordinarily difficult for…
Why B2B Service Providers turn to Invoice Factoring Companies
Meet Hank and Mary. Together they own and manage H&M Marketing, which offers a variety of marketing services to local area businesses. If a business wants to market their services via the internet, direct mail, radio, TV, billboards, newspaper, or magazine, H&M Marketing can do it. Their business has been steadily growing over the last…
What is Better, Invoice Factoring or Merchant Cash Advance
Recently a potential client of ours said he was trying to decide between a merchant cash advance loan or invoice factoring to fund his business expansion. Both funding sources have benefits, but there are some key differences to keep in mind if you find yourself facing a similar decision. A merchant cash advance is essentially a…
Q&A with Universal Funding’s CEO
Fintechs, Funding and the Future Q: How has Universal Funding weathered the recent changes in the economy? A: Like many of our clients, we’re starting to see a healthy state of growth. This year we’ve been improving our processes, which will hopefully reflect in our client’s customer experience. Q: Does location play a role…
The Top 10 Factoring Companies
Top 10 Reviews provides a list of the top-rated factoring companies. Universal Funding consistently show up on lists of the best factoring companies to work with.
The Lifecycle of a Factored Invoice
As your factoring partner, we know all about the processes that go into factoring invoice and receivables to help you optimize your accounts receivables to support your operation’s growth. Yet haven’t you ever wondered what it would be like to take a quick peek behind the curtain to see exactly what goes on in life…
Universal Funding When It Comes To Charity They’re Not Kidding
The principals at Universal Funding enjoy kidding around as well as the next business, but this spring they took it to a new level. In these hard times, charities are having a hard time soliciting the donations that they need to support the good work they do for our community. Universal Funding’s principals decided to…
Monica Wozow Receives Certified Factoring Account Executive Designation
Spokane, WA, July 8, 2013: Universal Funding announced that Monica Wozow has earned the Certified Factoring Account Executive designation authorized by the International Factoring Association (IFA). To receive the designation, applicants must have a minimum of two years’ experience in the commercial finance industry and pass a comprehensive 100 question exam. The IFA Account Executive…
Universal Funding Corporation Makes Key Staff Promotion
Universal Funding, a leading factoring company, is pleased to announce that Crystal Lowell (formerly Crystal Tupling) has been promoted to Senior Account Executive. Mrs. Lowell earned this promotion based on her high level of industry knowledge and service to clients and colleagues. “This summer Crystal achieved the International Factoring Association’s certification for Account Executives,” says…