Mark S. Mandula, Managing Partner of United Capital Funding Corp announced today that United Capital Funding Corp. on October 1, 2015 has signed a Strategic Alliance with Yelton Capital Network, LLC, Mooresboro, North Carolina.
"Due to a very strong level of interest we have received for business loans to complement our Accounts Receivables funding services, we are very excited to announce this partnership with Yelton Capital Network, LLC. Barry Yelton and his team of professionals are a perfect fit for our firm and we look forward to a long and prosperous relationship with them remarked Mandula." Mandula also noted that "We are now in the unique position to provide quick and cost effective solutions to our current and prospective clients seeking asset based loans and credit facilities, medical and healthcare loans and lines of credit, Small Business Administration "SBA" loans, business equipment loans, subordinated debt and mezzanine financing nationwide. And given the fact that we have served clients nationwide since 1997 by providing nearly $3 billion in accounts receivables factoring and funding, we now can provide a full menu of working capital and loan solutions that will help entrepreneurial businesses continue to grow profitably."
Barry D. Yelton, Managing Partner of Yelton Capital Network LLC also remarked that "We have known United Capital Funding provides the highest level of client services in the specialized commercial finance industry today. This partnership will allow our firms to work together on a seamless basis to serve clients in a wide array of industries, including manufacturers, wholesalers, distributors, medical and healthcare organizations, government contractors and staffing and service businesses."
United Capital Funding Corporation provides intelligent working capital via factoring, credit insurance coverage and efficient accounts receivable management solutions to clients nationwide. United has nearly $3 billion in funded and managed relationships since its formation in 1997. Starting with a single Florida based client, United Capital Funding now serves clients in 29 states, and is based in Tampa Bay, Florida. United also has a regional offices in Nashville, Tennessee and Charlotte, North Carolina.
Yelton Capital Network, LLC provides a complete menu of business loans to clients nationwide. Its professional product and services include asset based loans, asset based credit facilities, medical and health care loans, Small Business Administration "SBA" loans, business equipment loans, subordinated debt and mezzanine financing. Other professional services provide by Yelton include financial statement review and analysis, loan application preparation and consulting, loan placement and ongoing follow up, and successful lender negotiation and closing assistance. Principals of Yelton Capital include forty year asset based lending veteran Barry D. Yelton, Don Wisdom, a forty-five year veteran of ABL and banking, and Mary Clair Hashagen, who has over twenty years' experience in factoring, lending, and business services. Yelton Capital currently has offices located in Charlotte, North Carolina; Raleigh, North Carolina and Atlanta, Georgia.