Q. How long has UCDC been factoring
invoices and accounts receivables?
A. Since 1976Q. 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 3 business hours of receiving client's paperwork.
Q. Does UCDC require a long-term contract?
A. NO.
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 will take one or two days to respond.
Q. How long does it take to return residuals?
A. The same day your customer's check is received.
Q. How do I get started factoring
my invoices and receivables?
A.
