United Capital Funding Continues to Help Clients Deal with Slower Payments from Larger Companies

United Capital Funding Corp. www.ucfunding.com, the leading provider of professional Accounts Receivable based funding and credit management solutions in the United States today announced that their professional AR factoring and Accounts Receivable management solution has allowed clients to offset the slower payment trends by large companies, as noted in a recent Wall Street Journal article.

Saint Petersburg, Florida (PRWEB) November 6, 2009 -- United Capital Funding Corp. www.ucfunding.com, the leading provider of professional Accounts Receivable based funding and credit management solutions in the United States today announced that their professional AR factoring and Accounts Receivable management solution has allowed clients to offset the slower payment trends by large companies, as noted in a recent Wall Street Journal article.

“According to a published article in the Wall Street Journal entitled 'Big Firms are quick to collect, slow to pay' by Serena Ng and Cari Tuna, small businesses in the United States are now getting paid later by larger companies they sell to,” commented Mark Mandula, Managing Partner of United Capital Funding Corp. “At the same time, smaller businesses are being required to pay their suppliers in a more timely manner, causing the “credit crunch” to become even more of a real issue with our nation’s small business enterprises.”

As noted in the article, companies with more than $5 Billion in revenue took an average of 55.8 days to pay supplies and trade creditors in the second quarter of 2009, up from 53.2 days a year ago. This represents an increase of 5% from 2009 to 2008. At the same time, businesses with less than $500 Million in revenue had to wait 8% longer to get paid in the same period; an average of 58.9 days to collect payments in 2009 versus 54.4 in 2008.

“These trends make it even more difficult for smaller businesses to make ends meet,” noted Mandula. “Even though 2 or 3 more days to wait to get paid doesn’t sound like a lot, this amount of an additional time delay to get paid can be the difference between remaining in business or failure for many firms, especially the ones already under duress in the current economic recession.”    

Trends like these confirm why the professional services provided by United Capital Funding Corp., the leading provider of professional Accounts Receivable based funding and credit management solutions in the United States are more viable than ever. United provides working capital, credit insurance coverage and efficient AR Accounts Receivable management solutions to clients and allows them to strengthen their cash flow, streamline internal operations and assist it in competing successfully in the current challenging economic environment.

“We are honored that we continued to grow this year, in spite of the downturn in the economy,” remarked Mandula. “Every relationship that we have, with our clients now located in more than 34 states is an honor. We have built an excellent reputation by providing professional services in an equitable, fast and flexible manner – this has been the primary driver of our success in the past 12 years and for our growth, especially as we take on important new client relationships such as this. Funding with us is the perfect solution for many firms in the growth mode, and where our client needs a strong financial partner,” Mandula also noted.

United Capital Funding Corp. is the fiscally savvy option for healthy companies in the manufacturing, service, staffing, distribution, technology and professional services sectors looking to profit from the flexibility and speed of partnering with a privately held, well capitalized funding source. A partnership with United means that the company gains monetary as well as back room efficiencies when competing in the current very challenging economic environment.

About United Capital Funding Corporation

United Capital Funding Corp. [www.ucfunding.com] is the leading professional Accounts Receivable funding, and AR management services based firm in the United States today. Established in 1997, United has successfully partnered with entrepreneurial firms with annual revenue from startup stage to over $50 Million. With clients in over 34 states, United possesses the financial resources to serve firms seeking to improve their cash flow and reduce costs. United is headquartered in the Tampa Bay area, and also has regional offices in Nashville and Phoenix. Additional information on the specialized business financial services provided by United, including factoring, Accounts Receivable management, and working capital are available online at their top rated Google website; www.ucfunding.com; via email at mark(at)ucfunding(dot)com; and by telephone (877) 894-8232.

# # #