United Capital Corp Successfully Secures $60MM AR Revolving LOC
December 8, 2024
UCC closed a $60MM accounts receivable revolving line of credit for a company looking to unlock liquidity tied up in its receivables portfolio. The facility allowed the company to convert outstanding invoices into working capital more quickly than its standard collection cycle. UCC structured advance rates based on the credit quality and aging of the underlying receivables. The facility gave the company the flexibility to fund operations and growth initiatives without waiting on customer payment terms.
