Factoring News: Two New Slow Paying Customers

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

Attention Business Owners! Stop Being a Part-Time Banker for Your Customers

How many customers take longer than 30 days to pay on their invoices?  Congratulations! Your business has just extended credit to your customers.

You may not have thought about it this way, but you are now in the banking business.  Even worse, you probably have the best rates in town. Read more

How I Run My One Person Factoring Business

Have you wondered what it takes to run a small factoring operation by yourself or with just a family member?

What do you need for day-to-day operations in terms of equipment, technology, documentation, and know-how?

Factoring receivables can be a lucrative business with high returns, but you need to know how to manage the business with minimal overhead. Overseeing employees adds significant additional costs and responsibilities.

This informative ebook is written in the first-person by Jeff Callender, a well-respected small ticket factor who has been in the business since the mid-90s.

Jeff shows simply and clearly how he has run his company year after year with no employees.

Discover how his use of current technology, outsourcing, and common sense can enable you to manage a full portfolio of clients without the expense and complications of a big payroll.

Learn his numerous tips and secrets as to how you can not only enjoy running a very small factoring operation from practically anywhere, but thrive as you do!

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About the Author: Jeff Callender began doing what this book teaches in 1994. He has written books and numerous articles, consulted, and been a public speaker to thousands of people about how to profitably factor small receivables. No one comes close to providing as much information on the subject as he has.

Table of Contents

1. Introduction: An Overview of What I Do 2. Training: How I Learned to Do This 3. Marketing: How I Keep a Steady Stream of Clients 4. My Clients: How Many I Have, What They Do, and My Services to Them 5. Tools: Equipment and Resources I Use That Save Time, Money, and Stress 6. Daily Tasks: My Enjoyable Normal Schedule 7. Key Points: Keep These in Mind as You Begin and Continue Your Factoring Business 8. Advice: My Secrets to Success

What’s the Difference Between Factoring and Asset Based Lending?

Companies in need of creative working capital solutions often consider both Asset Based Lending and Factoring.

This leaves many businesses to wonder, “What’s the difference? Is it really apples and oranges?”

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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

Small Factor Series – 6 Essential eBooks for Factors and Consultants

The Small Factor Series is a powerful how-to system for anyone wanting to make money with small invoice factoring and accounts receivable financing. This complete package contains the following 6 eBooks available for instant download.

Factoring Fundamentals How You Can Make Large Returns in Small Receivables

Are you seeking dependable income with the hours you choose from any location you want?

This introductory volume in The Small Factor Series, shows how you can make middle to high double digit annualized returns no matter how much you invest!

Gain access to all the information a newcomer to factoring needs to know when starting out in this remarkable investment. Read More…

Factoring Small Receivables  How To Make Money in Little Deals the Big Guys Brush Off

Book 2 in The Small Factor Series, this complete how-to manual provides everything the beginning factor or private investor needs to know to start buying accounts receivable of small companies.

With common sense directions and first-person experiences, you’ll learn how factoring small receivables can be a lucrative, enjoyable business and an excellent tool for investing retirement or discretionary investment funds.

Packed with information, resources, and the wisdom only experience provides.   Read More…

Factoring Case Studies - Learn and Profit from Experienced Small Factors

Book 3 in The Small Factor Series, this work describes 21 real-life experiences from the files of 8 small factors around the country.

You’ll learn a multitude of tips, plus errors to avoid as you read about the kinds of clients you want to have — as well as those you don’t!

Learn and profit from the experiences of those active in the business!  Read More…

Unlocking the Cash in Your Company How to Get Unlimited Funds Without a Loan

Book 4 in The Small Factor Series, this book is written for owners of small to medium -sized businesses who don’t know much about factoring and will benefit from learning about it.

Will factoring help your small business?

Learn how selling your invoices can generate immediate cash flow, who can qualify, when to factor and when not to, how to find the right factor, how to know if a factor is right for your company, and much more.   Read More…

Marketing Tools For Small Factors & Consultants A Hands-On Guide to Methods That Work

Special Marketing Bonus Book #5: Learn from pros in the field which marketing methods work for them and which don’t work

Save yourself countless hours and thousands of dollars by avoiding common marketing mistakes

Additional material on making dynamite presentations, networking efficiently, and creating an effective web site. Read More…

Factoring Wisdom Short Sayings and Straight Talk for New & Small Factors

Special Bonus Book #6: If you’ve been intrigued with factoring and curious as to just what the fuss is all about, this digest is an excellent way to find out.

Grouped alphabetically by subject, this volume provides a thumbnail sketch of the information, experiences, and words to the wise that are generously peppered throughout his books and other writing.

Settle into your easy chair with this brief collection and you’ll be surprised at how much you’ll learn in just a few minutes.

Recourse and Non-recourse Factoring

The big difference between recourse factoring versus non-recourse factoring is the party at risk for bad debt.

Understanding this important distinction will help a business select the right financing terms when factoring invoices and accounts receivable. Read more

What Industries Use Factoring for Business Financing?

Any company generating accounts receivable with creditworthy customers can take advantage of the cash flow benefits offered through factoring. 

In factoring, like any industry, there are certain clients that make up the greater share of business.

Read more

Working Capital During the Credit Crunch

There’s no secret banks are putting the squeeze on business lending and credit lines. In fact 55% of small to midsize businesses surveyed by the National Small Business Association reported difficulty in obtaining credit last year. And that was in early 2008 before the credit crunch really hit.

So where can business owners turn for working capital as banks say no to business financing? Here are three places to consider during the 2009 credit crunch:

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