Quick Overview: Universal Funding Corporation provided a $50,000/month invoice factoring program to a growing IT company that installs network equipment, giving the business the working capital to fund payroll and keep pace with a surge of upcoming projects — without taking on debt.
Client Profile: An IT Company Installing Network Equipment
The client is an Ohio-based IT company that installs network equipment for business customers. Like many B2B service providers, the company invoices its clients on net terms, which means it often has to wait weeks or months before getting paid for completed installations — even while its own payroll and operating costs come due immediately.
Funding Amount: $50,000 Per Month in Working Capital
Universal Funding Corporation structured an invoice factoring program that delivers $50,000 per month in working capital to the client, converting the company’s outstanding invoices into fast, accessible cash instead of leaving that money tied up in accounts receivable for 30, 60, or even 90 days.
Reason for Factoring: Funding Rapid Upcoming Growth
Beyond the standard goal of improving cash flow, this client had a more specific and urgent driver: the company is expecting significant growth in the coming months. New contracts and installation projects were on the horizon, and the business needed a funding solution that could scale alongside that growth — something a traditional bank loan or fixed line of credit typically can’t do as quickly or as flexibly.
Invoice factoring was the right fit because funding capacity grows automatically as invoice volume grows. As the IT company takes on more network installation projects and issues more invoices, its available working capital increases right along with it, with no need to reapply or renegotiate terms.
SEE ALSO: Strengthening Working Capital: Debt-Free Strategies for Growth
Key Outcome: Payroll Is No Longer a Concern
The biggest outcome for this business wasn’t just faster cash — it was peace of mind. With Universal Funding in place, the company no longer has to worry about making payroll, even as it scales up to meet growing demand. Instead of hoping customer payments arrive in time to cover the next pay period, the business now has a reliable, ongoing source of capital tied directly to the work it has already completed.
SEE ALSO: Illinois Wholesale and Distribution Company Secures $350,000 in Invoice Factoring
Jeffrey Kinservik on Funding Growth-Stage Businesses
Jeffrey Kinservik, Vice President of Sales at Universal Funding Corporation, has worked directly with growing B2B companies navigating exactly this kind of challenge:
“When a business is growing fast, payroll can’t wait for a customer’s invoice to clear in 60 or 90 days. That’s exactly the gap factoring is built to close. By turning this company’s completed installation work into immediate working capital, we’re able to make sure payroll is never a question mark — it’s one less thing keeping a growing business owner up at night.”
Invoice Factoring Definition
Invoice factoring is a type of business financing in which a company sells its unpaid invoices to a factoring company, like Universal Funding, in exchange for immediate working capital. The factoring company advances a large percentage of the invoice value upfront — typically 80–95% — and pays the remaining balance, minus a small factoring fee, once the customer pays in full.
Because factoring is the sale of an asset (accounts receivable) rather than a loan, it does not create new debt on a company’s balance sheet and does not require giving up equity.
SEE ALSO: Factoring Invoices vs. Conventional Business Loans
About Universal Funding Corporation
Universal Funding Corporation is an invoice factoring company that has provided accounts receivable factoring to B2B companies throughout the U.S. since 1998. For nearly 30 years, the company has funded businesses across a wide range of industries, including IT and technology services, staffing, manufacturing, wholesale, and distribution.
Universal Funding’s Core Services
Universal Funding specializes in:
- Invoice factoring: Converting unpaid B2B invoices into immediate working capital, typically within 24–48 hours of approval
- Accounts receivable financing: Ongoing, scalable funding programs that grow as a client’s invoice volume grows
- Debt-free capital solutions: Funding based on the creditworthiness of a client’s customers rather than the client’s own credit history or collateral, making it accessible to businesses that might not qualify for a traditional bank loan
- Tailored funding programs: Factoring lines customized to each business’s industry, invoice volume, and cash flow cycle, ranging from $25,000 to $20 million
Funding Speed: 24 to 48 Hours
Most businesses can be approved within a few business days, and once an account is set up, ongoing funding is typically available within 24 hours of submitting new invoices — giving growing companies, like this IT company, the speed and flexibility they need to fund payroll, take on new contracts, and keep growing without interruption.
Is your growing business facing a cash flow gap between completed work and customer payment? Contact Universal Funding Corporation at 800-405-6035 to learn how a customized invoice factoring program can help you fund your next growth stage.
