Universal Funding Corporation
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Fast solutions for your cash flow needs!
- HoursCLOSED NOW
- Regular Hours:
Mon - Fri Sat - Sun Closed - Phone:
Main - 509-891-2400
ExtraTollFree - 800-405-6035
- Address:
- 16201 E Indiana Ave Ste 2600 Spokane Valley, WA 99216
- Email:
- Link:
- Categories
- Factors, Financial Services
- Services / Products
- What is Invoice Factoring? Definition: A financing method in which a business owner sells accounts receivable to a third-party funding source to raise capital. One of the oldest forms of business financing, factoring is the cash-management tool of choice for many companies. Factoring is very common in certain industries, such as the oilfield industry, where long receivables are part of the business cycle. In a typical factoring arrangement, the client (you) makes a sale, delivers the product or service and generates an invoice. The factor (the funding source) pays a percentage of the face value immediately and forwards the remainder (less the fee) when your customer pays.
- Amenities
- Accounts Receivable Management · Invoicing · Statements · Electronic Invoice Submittal · On-Demand Reporting Credit Management · Customer Credit Checks · Existing Customer Risk Assessment Merchant Account Services · Payment Processing · Wire Transfers · ACH Capability
- Associations
- International Factoring AssociationCommercial Finance Association
General Info
Universal Funding is dedicated to assisting businesses so they meet their goals financially by increasing cash flows. At Universal we specialize in factoring invoices for businesses of all types and sizes. If you need money for the short term or the long term we are able to provide it. Our goal is to make your factoring experience as fast, friendly and flexible as possible. Universal Funding not only provides you with immediate funding, the best personal service and the most competitive programs but also works with you to improve your profitability and financial security. We provide customized financing solutions to meet your specific needs.