Saint Petersburg, Florida (PRWEB) March 07, 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 had total revenue for the year ended December 31, 2012 that places it among the top 2% of all United States companies, using data published by the US Census Bureau.
“According to the US Census Bureau, less than 2% of all companies in the United States ever reach our current level of revenue, and we are honored to have earned our way into this select group of businesses,” remarked Mark Mandula, Managing Partner of United Capital Funding Corp. Chris Youmans, President of United Capital Funding also mentioned that "We remain cautiously optimistic about continued future growth in 2013. It's very gratifying to know that we're not only growing our own professional practice, but helping other businesses grow in the process." Youmans attributed this optimism to United’s recent investments in infrastructure, personnel and technology to not only increase the number of new clients being funded, but also to continue to improve the excellent level of service being provided to clients across the United States.
United also recently announced that it has finalized an increased renewal of its current financing facility with Memphis, Tenn. -based First Tennessee Bank, a subsidiary of First Horizon National Corp. (NYSE: FHN). The senior-secured facility is an early renewal of a credit facility first entered into between United Capital and First Tennessee in 2006.
About United Capital Funding Corporation
United Capital Funding Corp. [http://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 a regional offices in Nashville, Tennessee and Cleveland, Ohio. 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; http://www.ucfunding.com; via email at mark(at)ucfunding(dot)com; and by telephone (877) 894-8232.