Spokane, WA -- (SBWIRE) -- 04/11/2014 -- Universal Funding Corporation, one of the country’s leading invoice factoring companies, announced that three invoice factoring clients were brought on in March of 2014 to wrap up the first quarter of newly funded clients.
“The three clients we brought on in March represent varying industries like staffing, distribution, and video production. With Q1 coming to a close, we have more inquiries for accounts receivable financing than ever,” states Universal’s President, Kyle Bergstedt.
The new accounts that started factoring facilities in March include:
A $200,000 factoring facility for a coffee distributor based in the Bay Area
A $50,000 factoring facility for a film production company on the east coast, and
A $200,000 factoring facility for a staffing firm based in the Bay Area
“We set-up more new clients in California every year as the state economy continues to grow and stabilize,” shares Bergstedt. “Acquiring two new clients in the Bay Area in one month shows us this is a region in the midst of growth phase and we’re happy that our financing solutions foster that growth.”
About Universal Funding
Universal Funding Corporation is a privately-held 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.
Universal Funding Corporation
Heather Burford, Marketing Manager
16201 East Indiana Avenue, Suite 2600
Spokane, WA 99216