United Capital Funding Corp. Announces Record Level of Funding on Top 50 Fortune 500 Firms Accounts Receivables
Saint Petersburg, FL (PRWEB) December 20, 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 41 of the top 50 Fortune 500 firms in the United States, a new record. In addition, it has acquired or factored a total of 80 of the top 100 Fortune 500 firms in the United States on behalf of its clients.
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 an amazing fact, when you think about it. To have served our clients by factoring or acquiring over 80% of all of the current Top 50 Fortune 500 firms over the past 17 years illustrates the wide array of services and products our clients sell to the most visible names in corporate America today,” remarked Mark Mandula, Managing Partner of United. “To put this in proper perspective, this is even more of an accomplishment when you consider that the Top 50 firms in the Fortune 500 list account for over $5.6 Trillion of the revenue of all of the Fortune 500 firms in the US today.”
United Capital Funding has particularly strong representation in key industry sectors such as: Aerospace and Defense, Chemicals, Commercial Banking, Computer and Office Equipment, Food and Drug Stores, Consumer Food Products, General Merchandisers, Pharmaceuticals and Specialty Retailers.
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
Mark Mandula, Managing Partner, United Capital Funding Corp, http://www.ucfunding.com, +1 (727) 424-1569, [email protected]
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