United Capital Funding Group, a Florida-based factoring firm, completed six transactions totaling $9 million in accounts receivable financing in Q1 of 2023.

The factoring deals include:

  • $2 million credit facility to a Virginia-based cybersecurity government contractor.
  • $2 million credit facility to a Washington-based metal component manufacturing company.
  • $2 million credit facility to a California-based web publishing company.
  • $1.5 million credit facility to a North Carolina-based software publishing company.
  • $750,000 credit facility to an Ohio-based audio equipment manufacturing company.
  • $750,000 credit facility to a Georgia-based temporary staffing firm.