Some businesses wait weeks between providing goods and services and getting paid, known as selling on credit. When a business sells on credit, it issues an invoice to the company that owes the money and adds it as a journal entry in accounts receivable.
While the business is waiting for that money to come in, bills and expenses keep coming. Sometimes
Investing in a tractor-trailer (aka semi-truck, big rig, 18-wheeler, etc.) is a major expense, but one that could yield high revenue. Whether you’re an independent owner-operator or own a freight business, most truckers don’t have the available liquid capital to purchase a new or used truck directly.
Most small business owners turn to financing options to fund a commercial truck acquisition.
You’re probably tired of everyone using the recent pandemic as a topic for global supply chains. We’ve also seen a lot of recent sources that talk about COVID-19. Tell you what, we’ll touch on it briefly and focus deeply on the topic of supply chains and what you can do as a business. So, buckle up!
United Capital Source Inc. is proud to announce that we have surpassed $1 billion in transaction volume. We have proudly matched over 1 Billion dollars to businesses across the United States since its inception in 2011.
The ongoing coronavirus pandemic has millions of small businesses on their last legs. Virtually all industries have been affected since they can’t serve customers when the entire US has been ordered to stay at home. The logical solution to an unexpected loss in revenue is a small business loan or business line of credit. But many traditional and non-traditional lenders
On Friday, March 27, 2020, Congress officially passed the Coronavirus Aid, Relief, and Economy Security Act, a.k.a. The CARES Act. This $2 trillion relief package was created to help individuals and small businesses that are currently in financial straits due to Covid-19.
In 2011, I started United Capital Source with the mission of helping entrepreneurs grow and stabilize their businesses. Anyone who has worked with us knows that our support isn’t just limited to business loans and other funding solutions. At UCS, we take great pride in guiding entrepreneurs through tough times, even when it seems like the only option is to
Among our most important responsibilities here at UCS is exposing and eliminating the many unfair practices of specific business lenders. Though the business financing industry has improved dramatically, many business lenders are still manipulating small business owners into perilous agreements. Their goal is not to help borrowers but profit off their inability to fulfill their obligations. Business lenders do this
NEW YORK, May 15, 2018,/PRNewswire-iReach/ — The Small Business Finance Association (SFBA) on 5/14/18 announced the launch of a new initiative called the SFBA Broker Council dedicated to bringing together responsible brokers that serve small businesses to focus on creating best practices. The Council has selected Jared Weitz, founder & CEO of United Capital Source Inc. has been selected as