Universal Funding Corporation, a factoring company serving businesses across the United States, announced that they will provide invoice funding to the tune of $10,000,000 over the course of the next year for new clients earned in the fourth quarter of 2016.
While some businesses and industries slowdown in the fourth quarter of the year, Universal Funding has found their new clients in the wholesale and the oilfield industries, are not currently affected by seasonal slowness. New key clients using invoice factoring are:
A $200,000 monthly factoring facility for a home goods supplier based in Ohio,
A $400,000 monthly factoring facility for a wholesale/distributor in Florida,
A $200,000 monthly factoring facility for a pipeline welder out of North Carolina, and
A $70,000 monthly factoring facility for an oilfield service provider based in Wyoming.
“We found that the companies seeking our services in the fourth quarter were anticipating serious growth during the winter,” observes Universal Funding’s President Kyle Bergstedt. “Our recent wholesale clients also manufacture their goods so access to cash flow is necessary for them to maintain year over year growth. We’re elated to be able to provide them with the financing they need for a successful 2017.”
About Universal Funding Corporation
Universal is a nationwide invoice factoring solutions leader, supporting growth focused businesses with scalable factoring solutions. With its invoice factoring, payroll funding, and purchase order financing services, Universal provides clients with the necessary capital needed to grow and support their businesses without taking on new debt. They are committed to their clients and are able to offer scalable factoring that grows as their business grows. Based in the Pacific Northwest, Universal Funding is one of the country’s leading invoice factoring companies; providing cash flow financing for businesses all across the United States. For more information, please visit www.universalfunding.com.
Universal Funding Corporation
Heather Burford, Marketing Manager
16201 East Indiana Avenue, Suite 2600
Spokane, WA 99216
Company Name: Universal Funding Corporation
Contact Person: Heather Burford, Marketing Manager
Address:16201 East Indiana Avenue, Suite 2600
Country: United States