United Capital Source Achieves $1B In Small Business Financing Volume
United Capital Source surpassed $1 billion in transaction volume. United Capital Source has matched more than $1 billion to businesses across the United States since inception in 2011.
“I think it’s important to note that many companies who hit this number are [50-250 plus] employee companies or they’ve hit the number by combining the volume of a recent company they acquired in an M&A or by soliciting referral business,” Jared Weitz, CEO of United Capital Source, said. “All of which is valid and commendable. However, UCS hit this number on self-generated volume with under 20 employees while maintaining the same management team since inception. I’ve said it once, and I’ll say it again, our reps here do 200-300% of what the normal rep does in volume per month.”
“We win a few ways. We have our own marketing and demand generation engine in-house. We also implement dynamic strategies to fit specific times and circumstances. Our staff is trained and well versed in all types of business financing with a highly effective consultative skill set. And, yeah, brute force hard work. Plus, we have some awesome in-house systems and technology that enable us to move fast. Our CRM is connected via API with our different relationships across multiple products, and we have a highly intuitive lender/product decision tool.
“When I started the company 10 years ago with my now CMO, EVP and two VPs, we always imagined hitting $1 billion in funding and always made projections for where we’d be 10 years in. And here we are all together along with our other staff members enjoying both of those milestones. The ride to one billion was eventful, to say the least, and we've learned valuable lessons along the way. It’s great to be where we are, but we can’t lose the drive and focus that got us here. Everyone at UCS is looking forward to the ride to two billion.
“By perfecting and standardizing our in-house processes, the goal is to scale our growth at a higher rate than that of the past few years. We plan to scale in all departments and modes of procuring business, including more workforce hiring, greater emphasis on in-house demand generation and developing B2B referral relationships. We’re also moving into larger office space in anticipation of this growth.”