Q.  Is there a set up Fee?
A.  No, we absorb 100% of the cost of qualifying and preparing all documents for a new client.

Q.  How long does it take to process an application?
A. The majority of our applications are processed within 24 to 48 hours.

Q. Do we have to factor everything in order to qualify?
A. No, as long as you meet the minimum volume requirement of $20,000.00 per month, there is no other obligations pertaining to volume.

Q. How quickly does UCDC fund on invoices?
A. Within 1 to 3 business hours of receiving client's required paperwork.

Q. Do you mail my invoices daily to my customers?
A. Yes, every invoice funded gets mailed the same day.

Q. How can I be assured that you will do everything you say you are going to do?
A. We are happy to supply you with past and present client references. Management makes are Agreements, not “High Pressured Sales People” who will say whatever it takes to get your business and then never follow through with their commitments.

Q. Does UCDC require a long-term contract?
A. Not with Option 1, 2, or 3.

Q. Will UCDC factor for a new business?
A. Yes, as long as the owner of the business can give references that show he or she is knowledgeable and experienced in the industry their business belongs to.

Q. How does UCDC handle collections?
A. UCDC is extremely professional in handling collections. Your customers are treated as if they were our customers.  We are very diligent about making calls at the appropriate time but we are careful to treat your customer with professional courtesy.

Q. How long does it take to check credit on a new account debtor?
A. If the account can be found in our credit books or our computer database files, UCDC can respond within minutes.  If the account has to be checked out by a bank reference and trade references, it might take a few days to get back to you. Our response depends on the response of the references we are calling.

Q. How long does it take to return residuals?
A. The same day your customer's check is received.

Q. What types of filings are made in connection with your factoring program?
A. We place a Uniform Commercial Code filing with the Secretary of State against all present and future accounts receivable in the state where our client resides. We must have first position on this filing in order to buy the accounts of our clients.

Q. Why is there a filing against all present and future accounts receivable, if I can select the invoices I wish to sell and the ones I wish to carry on my own and not factor them?
A. There is no other practical way to make a single filing that will allow factoring of any receivable you wish to sell. Also accounts the client doesn’t sell become collateral for the faithful performance of our client in following the rules of our Security Agreement. There is also a concern that if we don’t cover all receivables, there is a possibility we could be buying someone else’s collateral at a later date.

Q.  How do I get started?
A.  Click Here to get started today!!