Universal Funding Announces Six New Hires

Factoring receivables company, Universal Funding, announced it has steadily increased client accounts to the point of justifying the hiring of six new team members.

TAB Provides Fast A/R Funding with Rediscount Credit Facility

TAB Bank said it has provided a rediscount credit facility for Fast A/R Funding, a specialty finance company that provides working capital facilities for companies through factoring receivables.

Industry Outlook: Factoring Withstands the Test of Time

With all the economic uncertainty in the market and traditional credit struggling to return to normal levels, one thing is certain: Factoring will remain a solution to help small- and mid-sized businesses with their cash needs. Factoring has a long history in the world of credit and has stood the test of time when it comes to financing a growing business.