Why Factor With UCD?

Funding Speed: We will process and fund on your accounts receivable usually within a couple of hours. Almost every other factor in the industry will take at least 24 hours.

No Long Term Contract: Most of our contracts have no term whatsoever. This means you can terminate your contract any time you choose for any reason you choose. This eliminates the anxiety and worry of entering into a long-term contract and then finding out you are not happy with the program. This also means we have to earn your business every day.

Credit Checking and Credit Protection: Most of our contracts are constructed as non-recourse contracts. This means we assume the credit risk on the accounts you sell to us.

This also means that we will exert the expense and the effort required to credit check any companies you plan to factor.

Professional Collections: UCD has a reputation for handling collections in an extremely professional manner without harassing your customers.

Reporting: We provide our clients with monthly aging lists, which list all open invoices at the end of each month. Every day that we receive a payment a collection report is sent to our client. Through these reports, our clients are always up to date on their collection picture.

References: We provide any prospective client with existing client references. Most factors won’t do this. Wouldn’t you like to know how a service works from the prospective of the client instead of the unrealistic rosy picture you get from a sales person.

Sales: Factoring can enhance your sales in more than one way. First, you can offer credit terms to your customers in greater amounts than before. Second, by getting the cash out of your receivables, you can pay the expenses faster for your present and future orders.

Your Credit Profile: Cash from your receivables enables you to pay your venders faster. This usually will provide opportunities for trade discounts and certainly will make your creditors want to increase their business with you.

One Fee: We only charge one fee, the factoring fee. Others in this industry have set up fees, per invoice charges, interest charges plus a factoring fee. The only motive we can think of for having multiple fees is to create confusion so a client doesn’t really understand what they are being charged. Our single factoring fee makes us very competitive as compared to the multiple fees charged by most of the rest of the industry.

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