What United Capital Funding does

United Capital Funding Group LLC is a U.S. accounts receivable factoring and invoice financing firm founded in 1997 by Ivan Baker and Jerry Curley, headquartered in St. Petersburg, Florida. The company purchases outstanding business and government invoices, advancing 80–90% of face value typically within Net-2 days and remitting the reserve (less fees) upon customer payment. Pricing is custom and transaction-based, comprising a cost-of-capital fee plus an ACH/wire banking fee, and is described as below the industry average per Pepperdine Graziadio Business School's Private Capital Markets Project. The firm is a wholly owned subsidiary of Gulf Coast Bank & Trust Company, an FDIC-insured Louisiana bank with over $3 billion in assets, which provides its sole source of capital and structurally differentiates it from non-bank factors reliant on third-party funding.

The operating model is built around vertical specialization, with dedicated programs for staffing companies, government contractors (GovCon via the Capital Plus division in Columbus), security guard firms, IT companies, manufacturers, and service businesses. United Capital Funding supports government contract financing compliant with the Assignment of Claims Act and integrates with federal portals (WAWF, IRAPT, AFWORX, SAM.gov); offers Pre-Award Financial Commitment Letters for bid support; and extends adjacent products (Purchase Order Financing, Asset-Based Lending, Equipment Leasing, DIP Financing) through affiliated bank subsidiaries. All clients access the proprietary CADENCE ClientWeb portal for invoice tracking, Purchase & Advance, Collection, and Aging reports, plus PDF and data export.

Distribution is hybrid: direct inside and field sales organized across offices in St. Petersburg, Chicago, Nashville, Columbus, Los Angeles, and Charleston, supplemented by a broker/referral partner network. The firm reports having financed more than 1,000 emerging businesses since inception with multi-decade client retention. Clients include vendors serving Fortune 500 end-buyers (Apple, Walmart, Verizon, Amazon, Google, Ford) and federal agencies (DoD, VA, DHS, USPS, DoS, Census Bureau, Department of Justice). Headcount is 11–50; revenue is not publicly disclosed and is consolidated within the parent bank.

Name

United Capital Funding

Legal name

United Capital Funding Group LLC

Website

https://ucfunding.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

11–50 employees

Short description

United Capital Funding is a U.S. accounts receivable factoring firm, founded 1997 and headquartered in St. Petersburg, FL, that purchases business and government invoices and advances 80–90% of face value to small and mid-sized businesses nationwide, operating as a wholly owned subsidiary of Gulf Coast Bank & Trust Company.

Ownership category

akta.pro rank

Product category

Accounts Receivable Factoring / Commercial Finance

NAICS

Sales Financing (52222), Credit Intermediation and Related Activities (522)

SIC

Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Invoice Financing & Factoring (FSAKAGAC)

akta.pro secondary industry

Receivables Finance (Factoring, Invoice Discounting, Forfaiting) (FSABAHAD)

Keywords

• Accounts receivable factoring
• Invoice factoring services
• Government contract factoring
• Staffing payroll factoring
• Working capital financing

Headquarters

HQ city

St. Petersburg

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Accounts Receivable Factoring Fees: United Capital Funding generates revenue through accounts receivable factoring, where they purchase invoices from clients and advance 80-90% of the invoice value upfront. The remaining 10-20% is held as reserve until the customer pays in full, at which point the reserve (minus fees) is released to the client. Revenue comes from two primary fee types: a fee for the cost of capital and a banking fee (ACH or wire transfer charge). Custom pricing is provided per client based on business type, volume, financial quality of customers, diversification, and other factors.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

United Capital Funding purchases outstanding business and government invoices from clients and advances 80-90% of the face value within roughly a week of onboarding, holding the remainder in reserve until the customer pays. Factoring is offered with no application, documentation, due diligence, or closing fees on a flexible month-to-month basis, supported by a proprietary online reporting portal and a centralized secure lockbox for collections.

Product overview

United Capital Funding is a B2B/B2G commercial finance firm offering accounts receivable-based working capital solutions. The core offering is AR financing/invoice factoring, where the company purchases outstanding invoices and advances 80-90% of their value immediately. The portfolio includes specialized variants for staffing companies, security guard companies, IT firms, and government contractors (GovCon). The company also offers related products through affiliated bank subsidiaries including Purchase Order Financing, Asset-Based Lending, and Equipment Leasing. All clients access the proprietary CADENCE ClientWeb online portal for invoice tracking, reporting, and account management. Services are provided without requiring clients to factor all invoices—businesses select which invoices to factor on a month-to-month basis.

Differentiator

Problem solved

Functional benefit

Brands

• CADENCE ClientWeb: Online reporting and account management platform for clients to view invoices, transactions, and run reports.
• Capital Plus

Products and services

• Accounts Receivable (AR) Financing / Invoice Factoring Core commercial finance service that purchases outstanding business or government invoices and advances 80-90% of the face value, holding the remainder in reserve until the customer's payment clears. Charges a cost-of-capital fee plus a small ACH/wire banking fee, with no application, documentation, due diligence, or closing fees. Designed for businesses with invoices owed by a business or government entity that need working capital without taking on traditional debt.
• Staffing Company Factoring Accounts receivable financing tailored for staffing companies to bridge the gap between biweekly or twice-monthly payroll obligations and 30-90 day commercial invoice payment cycles from their customers. Onboarding is handled on a flexible month-to-month basis with month-to-month flexibility and no requirement to factor all invoices.
• Security Guard Company Factoring Flexible month-to-month factoring service for armed and unarmed security guard companies serving sporting events, libraries, parks, residential buildings, local businesses, and publicly accessible facilities. Addresses payroll timing against longer invoice payment terms and supports contract opportunity acceleration via Pre-Award Financial Commitment Letters.
• Payroll Factoring for IT Companies Specialized factoring service for information technology services companies and IT staffing firms whose workforce is the core product. Aims to bridge payroll cycles and 30-90 day invoice payment terms, with onboarding typically completing within 7 business days and next-day funding thereafter.
• Government Contract Invoice Factoring (GovCon) Specialized factoring for federal, state, and county government contractors that delivers Pre-Award Financial Commitment Letters for bid support and complies with the Assignment of Claims Act of 1940. Supports clients working with agencies including the Department of Defense, Veterans Affairs, Department of Homeland Security, U.S. Postal Service, Department of State, Department of Justice, and the U.S. Census Bureau. Advance rates range from 85-90% on government invoices, with reserve balances of 10-15% released on receipt of payment less accrued fees.
• Purchase Order (PO) Financing Working capital facility underwritten against purchase orders, enabling government contractors to fulfill large contracts (referenced case: $2.5 million facility for a Department of Defense aerospace defense logistics company). Sold alongside factoring under the GovCon practice.
• Asset-Based Lending Credit facilities secured by inventory, equipment, and real estate offered through a fellow bank subsidiary of Gulf Coast Bank & Trust to support broader working capital needs for UCF clients.
• Equipment Leasing & Financing Leasing and financing solutions for capital equipment assets for government contractors, provided through a fellow bank subsidiary of Gulf Coast Bank & Trust.
• Debtor-in-Possession (DIP) Financing Post-petition financing offered to businesses undergoing bankruptcy proceedings, provided to support continued operations during restructuring.

Quantifiable outcome

• Successfully financed over 1,000 emerging businesses across CONUS since 1997
• +3 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

Two partnerships are on record, tiered minor and core.

• Atypical DigitalminorGTM or Marketing Partner · 13 July 2020Partnership with Atypical Digital, a digital services agency headquartered in New York City, formed in 2018. United Capital Funding partnered with Atypical Digital for website redesign and digital growth acceleration. Atypical Digital serves clients globally with technology and marketing solutions. The partnership aligned with UCF's goals to provide better digital solutions for customers.
• Capital PluscoreOthersCapital Plus is a division of United Capital Funding Group LLC, operating from Columbus, Ohio near Wright-Patterson Air Force Base. Renée Tyack serves as Vice President of Sales for Capital Plus. The division specializes in financing for government contractors.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• altLine by TAB Bank: Factoring division of TAB Bank offering accounts receivable financing to SMBs and mid-market businesses across industries including staffing and government contractors. Closely comparable to UCF in product offering, customer profile, and bank-backed structure.
• Riviera Finance: Established commercial finance company offering invoice factoring, accounts receivable financing, and asset-based lending to SMBs across multiple industries. Comparable to UCF in offering breadth, customer segments, and direct (non-broker) factor model.
• Porter Capital: Factoring and working capital provider serving staffing, government contractors, and service businesses. Highly comparable to UCF in target verticals (especially staffing and GovCon) and customer profile.
• Triumph Business Capital: Factoring and asset-based lending provider with strong staffing industry focus. Direct competitor to UCF in the staffing factoring segment with similar advance rates and SMB customer base.
• Apex Capital Corp: Factoring company specializing in the trucking and transportation industry with deep vertical expertise. Comparable to UCF in its vertical-specialization strategy, though focused on freight rather than staffing/GovCon.
• TCI Business Capital: Direct factoring and asset-based lending provider serving staffing, government contracting, and service businesses. Highly comparable to UCF in vertical specialization, advance rate structure, and target customer profile.

Emerging players

• Fundbox: Digital invoice and working capital platform for SMBs and accountants. Competes in the same invoice factoring/advancing space as UCF with a more automated, self-serve model targeting smaller clients.
• BlueVine: Fintech invoice factoring and business banking platform serving SMBs with fast, digital-first funding. Direct competitor in UCF's core SMB invoice factoring market, differentiated by technology-first experience versus UCF's relationship-led model.

Broad incumbents

• eCapital: Large, multi-product commercial finance firm offering factoring, asset-based lending, and supply chain finance across multiple verticals. Comparable to UCF in factoring product but operates at greater scale with broader geographic reach.
• Bibby Financial Services: Global invoice finance and factoring provider serving SMBs across multiple industries and geographies. Comparable to UCF in core product offering and SMB target market, but operates internationally at a much larger scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/UCFunding
• Xx.com/UCFundingGroup
• LinkedInlinkedin.com/company/united-capital-funding

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about United Capital Funding