Receivables Financing Factor, Universal Funding Corporation, Unveils Q1 Year over Year Comparative Analysis
After conducting a performance analysis of Q1 in 2013 compared to Q1 in 2014 Universal Funding, an independent factoring company, concludes that a healthy gain was accomplished. In the first quarter, Universal purchased receivables of a total of $28M and $33M in 2013 and 2014 respectively. This is an 18% increase in volume purchase which contributed to an 8.75% increase in revenue for Q1 in 2014.
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