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United Capital continues to lead in funding
Date:2/19/2010

United Capital Funding Corp, the leading provider of professional Accounts Receivable based funding and credit management solutions in the United States is also a leader in providing working capital to businesses in the industries projected to generate the highest number of new jobs over the next 10 years.

Saint Petersburg, Florida (PRWEB) February 19, 2010 -- “We just recently completed a detailed analysis of our funding portfolio, and as of yearend 2009, over 72% of our current clients are in sectors represented in the top 10 industry list for job creation over the next 10 years. This focus by our firm on fast growing targeted industries will remain our focus over the next decade,” said Mark Mandula, Managing Partner of United Capital. “We are committed to continue to invest our capital conservatively with entrepreneurial firms focused in the services, especially those in the professional and health care sectors.”

Mandula also noted “What is perhaps the most startling of these projections is that almost all (96%) of the projected new jobs created over the next 10 years will be created by service industries.” Listed below are the details on what the job market could look like around the year 2020. The Bureau of Labor data below projects the total job changes that could occur in the period 2008 to 2018.

Top Ten Industries projected to add jobs in the next 10 Years
10. Full-service restaurants; 9. Nursing-care facilities; 8. Services for the elderly and persons with disabilities; 7. Home health care services; 6. Local government (excludes education and hospitals); 5. Employment services; 4. Other general merchandise stores;3. Computer systems design and related services;2. Offices of physicians; and 1. Management, scientific and technical consulting services.

United recently reached a milestone in December 2009 when it announced that it has reached $1 Billion in client funding since its’ formation in 1997. United Capital has been able to support this growth, due to support from key partners such as First Tennessee Bank, Memphis, Tennessee. In addition, United Capital’s state of the art online tools allow clients to access information securely via the Internet, which has contributed to the significant expansion at United. Clients are able to access critical information to allow them to more profitably manage their businesses at United’s top rated Google website, www.ucfunding.com

About United Capital Funding Corporation

United Capital Funding Corp. (www.ucfunding.com) is the leading professional Accounts Receivable funding, and AR management services based firm in the United States today. Established in 1997, United has successfully partnered with entrepreneurial firms with annual revenue from startup stage to over $50 Million. With clients in over 34 states, United possesses the financial resources to serve firms seeking to improve their cash flow and reduce costs. United is headquartered in the Tampa Bay area, and also has regional offices in Nashville and Phoenix. Additional information on the specialized business financial services provided by United, including factoring, Accounts Receivable management, and working capital are available online at their top rated Google website; www.ucfunding.com; via email at mark(at)ucfunding(dot)com; and by telephone (877) 894-8232.

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Read the full story at http://www.prweb.com/releases/2010/02/prweb3617384.htm.


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