What is Factoring?
Accounts
Receivable Factoring is when a business sells its unpaid accounts receivable invoices
to a specialized financial institution like Universal Funding Corporation for
a discount. Several industries have greatly benefited from Invoice Factoring and
some businesses use the Accounts Receivable Factoring service as their primary
means of cash flow.
Factoring is
a flexible financial solution that could help your business be more effective
while improving your:
• cash flow
•
credit rating
• supplier discounts
This
is different from traditional bank financing, because invoice factoring relies
on the financial strength and credit worthiness of your customers, not you. You
can use invoice factoring services as much or as little as you need.
Universal
Funding Corporation excels in bringing you solutions to streamline
your business. We provide you with the flexibility to use the account invoices
as much or as little as you please. Many small and medium business owners have
found the ideal way to make their business more effective.