Choosing a Factoring Company

As you probably know, factoring is a financing solution that allows your company to increase its cash flow by selling your accounts receivable and invoices to a financing company known as a factor.  The factor will purchase your accounts receivable and invoices for seventy to ninety-five percent of their face value.  This allows you to receive the majority of the money you have earned from an invoice within one day.  Once the factor receives the customer's payment for the invoice, they will take a percentage as their service fee, and if any money is still left over, will return it to you.  Obviously, engaging in factoring and increasing your cash flow can be extremely beneficial for your company because it will allow your company to fulfill the orders of your current customers, in addition to taking on new customers without running the risk of not having enough money to work with.

Although factoring is a fairly simple process, choosing a factoring company to work with is normally a fairly time consuming task.  Even though every company that provides factoring services will give you a million reasons why they are better than all the others, most of the time this simply isn't true.  Of all the factoring companies that you could do business with, one stands out above the rest: United Commercial Capital.

Why does United Commercial Capital stand out above the rest of their competitors?  To begin with, UCC provides top notch customer service.  Whether you have a major problem or a simple question, UCC will begin assisting you immediately and won't stop until your issue is solved or answered.

In addition to providing superior service, United Commercial Capital also has extremely fair service fees.  Because UCC's service fees are so low, most of their customers are able to cover or exceed the fees by using their increased cash flow to expand their companies.  Although UCC charges less in service fees than many other factors, they realize by taking care of their customers, they can build a client base and stay profitable without burdening their customers with excessively high fees.