Adam M. Goller, Vice President – Marketing, reported the number of advances made and the total advanced amount for the 1st quarter of 2017 were both ahead of plan. Mr. Goller stated, “the funding company market is extremely competitive, but UFC’s simple approach to assignment funding and customer focused processes are contributing to UFC’s exceptional growth.”
UFC’s strong start to 2017 is not surprising. The company’s 2016 4th quarter accounted for a significant increase in new customers and the 2016 year accounted for the largest single year increase in new customers.
Mr. Goller is optimistic about 2017’s 2nd quarter and believes the company’s simple paperwork, free postage paid envelopes, low minimum fee, and no cost immediate payment option will continue to attract new customers as well as keep the company’s current customer base happy.