Daily News: January 31, 2013

United Capital Announces Record Funding Levels for 2012


United Capital Funding announced that it provided more than $430 million of working capital to entrepreneurial businesses in the U.S. for the year ended December 31, 2012. This represents the total dollars clients received through United’s professional factoring and participation funding relationships. This performance represents a 48% increase in total funding, when compared to the year ended December 31, 2011.

“When you consider the economic and political challenges that the United States confronted in 2012, we believe that the performance of our firm and our amazing clients, partners and employees was a phenomenal success,” remarked Mark Mandula, managing partner of United Capital Funding.

Chris Youmans, president of United Capital also mentioned that, “We are cautiously optimistic about future growth in 2013. It’s very gratifying to know that we’re not only growing our own professional practice, but helping other businesses grow in the process.”

United Capital Funding is a professional accounts receivable funding and AR management services based firm.