Docstoc

United Capital Source Funds $3.89 Million in April, Sets Record

Document Sample
United Capital Source Funds $3.89 Million in April, Sets Record Powered By Docstoc
					United Capital Source Funds $3.89 Million in April, Sets Record


SMB financing market heats up and United Capital Source soars

Online PR News – 15-May-2013 – United Capital Source, LLC (“UCS”), an alternative lending firm focused
on servicing SMBs, today released their funding figures for April, 2013 and plans for the future.


UCS reported funding over 100 deals totaling approximately $3.89 Million in just the previous month alone.
That figure represents the total dollars clients received through the company’s direct and indirect financing
channels. This momentum began in 2012, a year in which they funded more than $30 million. UCS is
confident that monthly funding volume will continue to reach or exceed the $4 million level.


The company is uniquely positioned as they self-originate all of their own applications and are not dependent
on brokers, resellers, or lead generation companies.


Jared Weitz, the company’s CEO attributes the continued success to their hard working staff. The core
operational team is made up of a few account executives, two operational employees, and an accountant,
making them especially lean in comparison to similar-sized financial firms. Additional employment positions
are open and are available in sales, underwriting, and merchant account services.


Mr. Weitz commented on his staff, “I can’t say enough about how amazing my team is. They have worked so
hard for their clients and for UCS and our success wouldn’t have been possible without them.”


Additionally, UCS has recently become accredited with the Better Business Bureau and has retained the law
offices of Ballard Spahr to work towards state licensing so that they can service loans in all 50 states directly.


About United Capital Source, LLC


United Capital Source, LLC is a Long Island, NY based alternative lending firm with a focus on merchant
cash advance financing. Founded in 2011, they are one of the fastest alternative financing providers in the
SMB market. More information can be found on the company’s website or by following them on Facebook.




Image Gallery




                                                       1/2
Media Information
Jared Weitz
jared@unitedcapitalsource.com
http://unitedcapitalsource.com
371 Merrick Rd., Ste. 305
Rockville Centre
NY
11570
United States




                                 2/2

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:0
posted:5/16/2013
language:Unknown
pages:2
Christine OKelly Tara Geissinger Christine OKelly Tara Geissinger Co-Founder http://www.onlineprnews.com
About Online PR News publishes the latest news in the online business world. Online PR News offers businesses a resource to submit free press releases or submit SEO, multimedia, social media, and traditional media press releases!