New York City, New Yok (PRWEB) November 17, 2015
United Capital Source announced today the funding of over $100 million in self generated business funding transactions in the past 12 months for small businesses. United Capital Source’s growth has increased by 150 percent year over year.
United Capital Source has appointed Jon Baum as Executive Vice President of Sales and Danielle Rivelli as Vice President of Sales. United Capital Source has expanded their office size to 9,000 square feet in New York City.
Fueling this growth has been United Capital Source’s funding syndication platform which has integrated via the respective Application Programming Interface (API’s) with the industry’s leading funding institutions.
“Our expert finance team combined with our proprietary technology platform allows us to decrease processing times of small business funding applications compared to traditional lenders” said Jared Weitz, United Capital Source CEO.
“Our continued focus on technology is allowing us to fund more deals, which drives more funds into small businesses and leads to lower rates obtained by lending partners funds which we offer our clients” said Weitz.
United Capital Source has recently launched new products including a business line of credit and term loans for loan periods of between 48 and 60 months with flexible repayment schedules to suit small business needs.
United Capital Source commenced operations in 2011 and was founded by Jared Weitz. Headquartered in New York City, United Capital Source employs 25 staff and has provided 10,000 small business loans throughout the America.
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About United Capital Source, Inc.
United Capital Source, is a leading small business funding organization headquartered in New York City. Thousands of small businesses throughout America rely on the merchant cash advances, working capital loans, credit card factoring and accounts receivable loans provided by United Capital Source. Companies with bad credit unsuitable for traditional bank lending work with United Capital Source for faster loan approvals, reducing financing costs and increasing business funding choices. Our delighted customers are across industries from aviation, construction, dentistry, franchises, healthcare, manufacturing, communications, real estate, retail, and wholesalers. For more information, visit UnitedCapitalSource.com or call 855.933.8638. Visit the United Capital blog at http://www.unitedcapitalsource.com/blog/ and follow United Capital Source on Twitter, LinkedIn and Facebook.
Copyright 2015 United Capital Source, Inc. All Rights Reserved.