Tracy Z

A New Factoring Twist on Dental Financing

April 9, 2013 By Tracy Z Leave a Comment

It’s tough to find factoring companies that will purchase dental financing receivables. The same goes for invoices created from elective medical procedures. This point was highlighted in a recent article we published on Medical Factoring Wears Many Hats. And then I received an email that intrigued me…. “My company offers medical financing to dentists and their patients.” What a great potential for both dentists and factoring brokers to offer additional services. I had to learn more! The end result was this interview with Lenny Leff of InfinaQuest LLC. Your email on buying dental care receivables really caught my interest. What transactions will InfinaQuest consider funding? We purchase both medical provider receivables … [Read more...]

5 Free Tools to Help Factoring Brokers Online

July 25, 2011 By Tracy Z Leave a Comment

Looking for marketing and factoring training to increase business? Take advantage of these... Free Tools to Grow Your Factoring Business Online! 1. Google Places Page for Factoring Believe it or not Google is providing a free web page for local businesses through their Google Places Pages. This allows … [Read more...]

Filed Under: Nuts and Bolts Tagged With: factoring broker training, factoring brokers, factoring business, factoring companies, Factoring Marketing, factoring training

Is Groupon Marketing, Factoring, or Loan Sharking?

June 27, 2011 By Tracy Z 2 Comments

How Groupon makes Factoring Invoices look downright cheap for small business financing. … [Read more...]

Filed Under: Nuts and Bolts Tagged With: Factoring, factoring companies, Factoring Fees, factoring invoices, Groupon vs Factoring

When Do Factoring Companies Decline Invoice Financing?

July 26, 2010 By Tracy Z Leave a Comment

Factoring companies have a well-earned reputation for providing cash flow solutions when banks say “No” to business financing. But there are times when even they turn down a request for factoring help. Improve your chances for approval by keeping four qualifiers in mind when courting receivable financing: … [Read more...]

Filed Under: From the Experts Tagged With: factoring brokers, factoring companies, factoring company, Factoring Help, invoice financing, medical factoring, small business factoring

Staffing Factoring Helps Oil Spill Cleanup Jobs

July 18, 2010 By Tracy Z Leave a Comment

Thousands of workers hit the Gulf Coast beaches to help with the worst oil spill disaster in history. Temporary workers fill many oil spill cleanup jobs, creating a surge of business for staffing companies. As a staffing company hires, trains, and pays workers they create invoices in need of payment. That can mean more cash going out than coming in, creating a cash flow crunch during a credit crisis. … [Read more...]

Filed Under: Factoring 101 Tagged With: factoring company, oil spill cleanup jobs, payroll funding, staffing factoring, Sterling National Bank payroll funding

BP Oil Spills Into Factoring Services

June 28, 2010 By Tracy Z 1 Comment

The gulf oil leak is showing up in some unexpected areas, including the accounts receivable factoring industry. … [Read more...]

Filed Under: From the Experts Tagged With: accounts receivable financing, bp oil spill factoring, factoring brokers, factoring companies, factoring services, learn cash flow business

Marketing Ideas for Factoring Brokers – Book Review

June 20, 2010 By Tracy Z 1 Comment

Do you ever wish someone would hand you a blue print for finding business? If you are like most factoring brokers you may wonder: “Which marketing methods are most effective?” “Which are a waste of time and money?” … [Read more...]

Filed Under: From the Experts Tagged With: factor marketing, factoring books, factoring broker, how to find cash flow factoring, Jeff Callender Dash Point Financial, learn accounts receivable financing

Are You Linked In with Factoring Groups?

June 14, 2010 By Tracy Z Leave a Comment

If you are looking to network with other factoring professionals then it’s time to get active with LinkedIn. This online networking platform is doing for business what Facebook did for friends and family. LinkedIn offers free membership for networking with over 70 million members in 200 countries. But even better, you can specify the type of professional groups you want to actively follow. The factoring industry alone has over 50 Groups focused on this specialized segment of commercial financing. If you are a factoring broker be sure to check out these most active groups: Commercial Finance Association Factoring Professionals (FP Americas and FP Europe) Trade Finance, Factoring and Forfaiting Professionals The … [Read more...]

Filed Under: Nuts and Bolts Tagged With: accounts receivable financing, factoring broker, factoring company, Factoring Networking Groups, factoring service, LinkedIn Factoring Groups

7 Questions for Factoring Business Networking

May 24, 2010 By Tracy Z Leave a Comment

Networking through professional groups is a time proven way to develop factoring clients. But what do you say to complete strangers? It’s actually pretty simple to keep the conversation rolling if you use these seven questions. … [Read more...]

Filed Under: From the Experts Tagged With: accounts receivable financing, business networking, Factoring Marketing, factoring services, How to Find Factoring Clients, learn cash flow business

Haitian Amputees and Small Businesses Get A Leg Up From AAA Factoring Group

May 17, 2010 By Tracy Z 1 Comment

Utah based factoring company AAA Factoring, which is owned by 71 year old amputee, helps small businesses get the financing they need to operate while pledging 5% of company profits to help Haitian amputees. MAY 4, 2010 -- CENTERVILLE, Utah -- AAA Factoring announced today that beginning June 1, 2010, 5% of the company profits will be donated to charities that help Haitian amputees that lost their limbs in the recent earthquake. The company is owned and operated by Duane H. Marchant who is an amputee himself. Duane lost his right leg after a fluke accident and several failed surgical attempts to save his leg. … [Read more...]

Filed Under: Nuts and Bolts Tagged With: AAA Factoring Group, accounts receivable factoring, Duane Marchant, factoring services, Haitian Amputees, Haitian small business