How to Factor Invoices on Small Margins
December 6, 2010 by Fred Rewey · 1 Comment
You probably have heard the many benefits of factoring receivables but may have thought it’s only viable for those companies with large profit margins. Well, you might be surprised to know that many companies with small profit margins are benefiting from factoring also.
For example let us say that you are only making a 3% profit on your product and the factoring fee is also 3%. Read more
BP Oil Spills Into Factoring Services
The gulf oil leak is showing up in some unexpected areas, including the accounts receivable factoring industry. Read more
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 Global Commercial Finance Network
- FactorNet Lead Referral and Networking Group
- International Factoring Association
- De Lage Landen Member Community
- Asset Based Finance Association LTD
- International Factors Group
- National Funding Association
- Commercial Finance Today
- Factoring Brokers
Recent discussions ranged from where to find accounts receivable funders for dentists to the potential impact of the Wall Street Reform Act on the factoring business.
So what are you waiting for?
Leave the embarrassing photos and weekend updates to Facebook and start using LinkedIn to network with factoring professionals that can help grow your business.
When Do Factoring Brokers Get Paid?
June 1, 2010 by Factoring Investor · Leave a Comment
Brokers and consultants earn lucrative and reoccurring commissions for the referral of business owners that use accounts receivable financing services.
But when are these factoring commissions paid? Read more
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
Investor Spotlight: Working With AAA Factoring Group
May 17, 2010 by Factoring Investor · Leave a Comment
AAA Factoring Group works with businesses and cash flow brokers to provide accounts receivable financing.
Factoring Investor (FI) asked Duane Marchant, founder and president, to share some information on working with his company. Read more
What’s in Your Factoring Broker Package?
May 4, 2010 by Tracy Z · Leave a Comment
You know that feeling when you see something done right and want to share it with others?
Well we found several “must have” factoring broker kits while Read more
Factoring News: Two New Slow Paying Customers
April 12, 2010 by Tracy Z · Leave a Comment
Your biggest and best customers might just now be your slow paying customers.
This disturbing trend in accounts receivable financing is affecting both business owners and factoring companies. Here’s an enlightening update: Read more
Using a Factoring Company
March 17, 2010 by Marco Terry · Leave a Comment
One of the side effects of the economic crisis is that more companies need business financing while less institutions were willing to provide it. Because of this, companies started looking for other options to business loans. One of the options Read more
Is a Factoring Career Right for You?
March 11, 2010 by M.Ponomarew · Leave a Comment
Earning $50,000 – $250,000 per year?
Full-Time, Part-Time, or even Spare Time!
Today’s Credit Crisis can be Your Opportunity for Wealth! To say times are tough would be Read more




