Receivables Financing Company Universal Funding Announces May 2014 Factoring Facility Deals

Universal Funding Corporation brought on seven new clients in May of 2014.

“Over half of the new clients that we acquired last month are on the Atlantic seaboard,” noted Universal Funding’s CEO, Henry Wozow.

Some of the new factoring accounts that started factoring facilities in May include:

A $100,000 factoring line for a paint and coatings manufacturer in North Carolina

A $300,000 factoring line for a commercial plumbing maintenance company in California

An $80,000 factoring line for a piping fabricator in North Carolina

A $40,000 factoring line for an IT consultant agency in the Boston metro area

A $100,000 factoring line for an employment agency in Tennessee

An $80,000 factoring line for a commercial electronics supplier in the SLC metro area, and

A $100,000 factoring line for a mystery shopping service based in the Baltimore metro area

“In April we set-up a handful of new clients clustered in Florida,” shares Wozow. “Now we’ve added even more new clients along the eastern shore. We will continue to watch this positive trend of business expansion on the East Coast.” This is upbeat news for a region that has been continually battered by tornadoes, rains, flooding, and other weather anomalies in recent month.

About Universal Funding:

Universal Funding Corporation, one of the country’s leading factoring companies, is a privately-held invoice factoring company providing businesses with working capital to stabilize cash flow and foster growth. Since 1998, Universal has been developing personalized invoice factoring finance programs for a variety of industries including the staffing, transportation, printing, and oilfield industries. Based in Spokane, Washington, Universal Funding provides account receivable financing for companies throughout the United States.

Media Contact
Company Name: Universal Funding Corporation
Contact Person: Heather Burford, Marketing Manager
Email: Send Email
Phone: 800-405-6035
Address:16201 East Indiana Avenue, Suite 2600
City: Spokane
State: WA
Country: United States