What is Spot Factoring?

Need a quick one-time infusion of cash for your company? Spot factoring just might be the answer.

This business financing solution enables a company to receive an advance on a single outstanding invoice. Read more

Learn to Factor Government Receivables

The federal government is spending more than ever in the struggling economy with government contracts on the rise.  Contractors working with the government are eager to access working capital by factoring government receivables.

The International Factoring Association is offering a training class on Factoring Government Receivables. The two-day event will be October 15 & 16, 2009, at the Mandalay Bay Hotel in Las Vegas, NV.

Kwesi Rogers, Principal and President of Federal National Payables, Inc., will be one of the lead instructors.  He has financed over 200 small and emerging government contractors and offers insight on how to successfully factor government receivables.

Registration is available online through factoring.org or call 1-800-563-1895.

For more information on the factoring government receivables be sure to read the FactoringInvestor.com post on How to Obtain and Factor Government Contracts to Cash in on the $787 Billion Recovery Package!

How to Be a Small Business Factoring Specialist!

Dash Point Financial has become a well-known specialist in small business factoring with over 15 years of industry success.

Factoring Investor (FI) asked Jeff Callender, founder and president, to share some information on working with his company. Read more

PRN President Appointed to Factoring Association Advisory Board

CLEVELAND, June 4 /PRNewswire/

In May, Philip Cohen, president of PRN Funding, LLC, was one of six selected to the International Factoring Association Advisory Board.

As a new board member, Mr. Cohen will be asked to provide guidance and feedback to the association’s executive director, Bert Goldberg. Together with the other board members, Mr. Cohen will also be responsible for communicating up-to-date factoring industry information to the entire International Factoring Association (IFA) membership base.

“I’m honored to be given the opportunity to help shape the International Factoring Association,” Mr. Cohen said. “I’m eager to get started.”

Founded in 1999, the mission of the IFA (www.factoring.org) is to disseminate information to the factoring community in regards to developments and changes in the factoring industry and to provide a forum for educational meetings and seminars.

“The IFA is the largest association in the world available to the factoring and commercial finance industry,” said Mr. Goldberg. “The newly appointed advisory board members were selected to help shape future endeavors for the association.”

With years of experience in healthcare services, PRN Funding has a precise understanding of the unique challenges within the demanding business of serving vendors to healthcare institutions.

PRN Funding, LLC is an extraordinarily focused niche player in the healthcare invoice financing market place. Through a process known as factoring, PRN Funding provides business owners with the financial resources needed to grow and effectively compete in the industry. With no minimums or fixed terms, PRN Funding provides healthcare agencies with flexible and immediate access to capital. PRN Funding gives you the freedom to factor what you want, when you want, whom you want, for as long as you want. Prior to founding PRN Funding, Mr. Cohen was an executive officer of The MRC Group, a national provider of Medical Transcription Services.

PRN Funding, LLC is on the web at http://www.prnfunding.com