“Two new clients that we acquired last month are manufacturing based,” noted Universal Funding’s CEO, Henry Wozow. “We’re enthusiastic about supporting America’s reemerging manufacturing sector. As these companies grow they need capital finance to support their growth and we are the perfect financing partner.”
Some of the new accounts that started factoring facilities in July include:
• A $250,000 factoring line for a cable manufacturer based in Texas
• A $150,000 factoring line for a storm shelter manufacturer based in Missouri, and
• A $250,000 factoring line for an oilfield service provider based out of Texas
“We also continue to see a large percentage of our new clients come out of Texas,” shares Wozow. “It’s one of the states to watch in terms of growth and recovery.” According to an article published in June, Texas ranks #8 in terms of the fastest growing economies.
About Universal Funding:
Universal Funding Corporation is a privately-held factoring company providing businesses with working capital to stabilize cash flow and foster growth. Since 1998, Universal has been developing personalized invoice factoring finance programs for a variety of industries including the staffing, transportation, printing, and oilfield industries. Based in Spokane, Washington, Universal Funding provides invoice financing for companies throughout the United States.
Company Name: Universal Funding Corporation
Contact Person: Heather Burford, Marketing Manager
Email: Send Email
Address:16201 East Indiana Avenue, Suite 2600
Country: United States