Universal Funding Provides $1M Invoice Factoring to Ohio Laundry Goods Distributor
Universal Funding recently provided a $1,000,000 invoice factoring facility to an Ohio-based distributor of laundry goods after the CFO purchased the company from the other shareholders. The funding helped improve operating capital, giving the business the flexibility needed to support growth during a major ownership transition. By converting invoices into immediate cash flow, Universal Funding helped position the company for continued success under new leadership.
