Universal Funding provided $1.5 million in accounts receivable financing to five new clients in August. Universal will provide these clients with up to $18 million in financing as these relationships grow.
Universal Funding announced it brought on three clients in March 2014 for whom it provided $450,000 in factoring facilities.
Factoring receivables company, Universal Funding, announced it has steadily increased client accounts to the point of justifying the hiring of six new team members.
Universal Funding, a financial services company, closed a $500,000 line of credit for its first IT consulting client in Atlanta, GA.