United Capital Corp Announces Completion of an $8 Million Purchase Order Finance Facility

UCC completed an $8 million purchase order finance facility for a supplier fulfilling contracts with the federal government. The facility allowed the company to accept and fulfill purchase orders that exceeded its existing working capital position, without waiting on lengthy government payment cycles. UCC's underwriting team evaluated the underlying contracts and the supplier's fulfillment history to structure a facility sized to the opportunity. The transaction enabled the supplier to pursue larger contract awards going forward.