Saint Petersburg, FL (PRWEB) December 27, 2013
United Capital Funding Corp., the leading provider of professional Accounts Receivable based funding and credit management solutions in the United States, announced today that it has now acquired or factored Accounts Receivables due from 67% of the headquartered 2013 Fortune 500 firms in the State of Tennessee, a new record.
United provides Intelligent Working Capital via factoring, credit insurance coverage and efficient Accounts Receivable management solutions to clients nationwide. These professional services allow clients to strengthen their cash flow, streamline internal operations and assist them in competing successfully in the current challenging economic environment. United has provided or managed capital in excess of $2 Billion in client funding since its formation in 1997.
“This is a quite a accomplishment. To have served our clients who sell their products and services to about two-thirds of the top ranked [based on total revenues] Fortune 500 firms over the past 17 years headquartered in the State of Tennessee illustrates how effective our professional working capital solutions can be to help our clients grow and prosper” remarked Mark Mandula, Managing Partner of United.
United Capital Funding has particularly strong representation in factoring Tennessee industry sectors such as: Transportation, Chemicals, and Pharmaceuticals.
About United Capital Funding Corporation
United Capital Funding Corporation provides Intelligent Working Capital via factoring, credit insurance coverage and efficient Accounts Receivable management solutions to clients nationwide. These professional services allow clients to strengthen their cash flow, streamline internal operations and assist them in competing successfully in the current challenging economic environment. United recently announced that it exceeded $2 Billion in funded and managed relationships since its formation in 1997. Starting with a single Florida based client, United Capital Funding now serves clients in 29 states, and is based in Tampa Bay, Florida. United also has a regional offices in Nashville, Tennessee and Charlotte, North Carolina.
United Capital Funding is the fiscally savvy alternative for healthy companies in the staffing, government, manufacturing, service, distribution, technology and professional services sectors looking to profit from the flexibility and speed of partnering with a privately held, well capitalized source. A partnership with United Capital Funding Corp. results in a client gaining monetary as well as back room efficiencies to better compete in the current very competitive economic environment. Additional information on the specialized business financial services provided by United, including factoring, Accounts Receivable management, and working capital are available online at their website; http://www.ucfunding.com