Totally Unusual Invoice Factoring Case Study

Invoice factoring is the process of converting invoices to usable capital, and it works well for most B2B companies, but not all. On occasion, Universal Funding runs into prospective clients whose structure or nature of business lies outside of our risk parameters. So on the rare occasion when that happens, what do we do?

qualify for factoring

Well, Universal Funding is dedicated to helping companies find appropriate financing alternatives. If we are unable to provide your business with the working capital that it needs, we will make sure you get financing from a trusted funding source in our preferred network of providers.

For example, a custom software and consulting firm approached Universal Funding about factoring their invoices. Unfortunately, their business model and billing structure allowed for annual progress payments, something that doesn’t fit in to the traditional factoring process. The company also suffered a significant financial setback due to an employee embezzling from the firm. They reached out to multiple factors and funding sources, and had been turned down by all.

Universal Funding’s Referral Manager was able to bring in a loan company to help this business. They recently completed their second $150,000 transaction this year. The $300,000 cash infusion over the last six months has allowed the consulting firm to not only stay afloat, but to take on additional contracts that otherwise they would have been unable to.
You see, Universal Funding is in the business of helping businesses get the financing they need. If we can’t help you, we’ll do our best to find a funding source that can.
So, if your company or cash flow situation is a little unusual, and you need an infusion of cash, then give us a call at (800) 405-6035 or find us on the web at UniversalFunding.com.

factoring, invoice factoring, factoring companies, factoring company, invoice factoring companies,

Leave a Reply