(PRWEB) January 09, 2013
Universal Funding, http://UniversalFunding.com, recently announced that it finished 2012 very strongly by providing factoring invoices services to four new companies in December. These new customers were looking for a factoring company that could provide a custom solution to their cash flow needs.
Universal Funding President, Kyle Bergstedt said, “These four new December clients tops off a great year of growth and service expansion for us. We’re very pleased to be helping these companies with their factoring needs.”
These new customers include a $200,000 factoring transaction with an oil and natural gas company in Texas; a $300,000 transaction with a custom signs company in Washington; a $450,000 transaction with an internet advertising company in Delaware; and finally a $750,000 transaction with a software reseller in Florida.
“As you can see,” says Monica Wozow, Principal and Corporate Secretary, “We service all kinds of customers; from large corporations to Mom-n-Pop; from east coast to west coast; and from high tech to low tech. The commonality between these diverse companies is their need for a custom solution.”
In a year replete with economic challenges to our country, the financial industry as a whole, and even the factoring receivables industry, Universal Funding has continued to grow because of their flexibility and passion for serving their customers.
Factoring invoices helps companies to get a hold of cash fast, often in a matter of days and some times in a matter of hours. This cash allows companies to meet their cash flow needs of meeting payroll, paying taxes, putting money away for a rainy day, taking advantage of opportunities, or preparing for growth.
No one knows what’s in store for our economy nor the factoring industry during 2013, but it’s safe to say that Universal Funding will be doing everything in their power to help more companies with their cash flow needs.