Saint Petersburg, FL (PRWEB) April 02, 2013
United Capital Funding Corp., the leading provider of professional Accounts Receivable based funding and credit management solutions in the United States announced strong results for the quarterly period ended March 31, 2013. This achievement represents the total dollars clients received through United’s professional factoring and participation funding relationships.
“When you consider the anemic economic environment in the United States at the present time, we are very gratified of the performance of our firm and our amazing clients, partners and employees”, remarked Mark Mandula, Managing Partner of United Capital Funding Corp. Chris Youmans, President of United Capital Funding also mentioned that "We are cautiously optimistic about additional growth for the rest of 2013 and 2014. It's humbling to know that we're not only growing our own professional practice, but helping other businesses grow in the process."
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. 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.