Pawning for Payroll? Try Factoring Invoices Instead!
August 29, 2011 by Factoring Investor · 1 Comment
Looking for further proof small businesses are in need of alternative financing options like factoring? The ongoing credit squeeze has companies turning to an unlikely lender…the pawnshop!
Many pawnshops are reporting that over half their customers are now Read more
Factoring Training: Social Media and Small Business
August 15, 2011 by Don DAmbrosio · 1 Comment
Whether you are in the factoring business or cater to another industry, without customers your chance of survival is basically nil. The cornerstone of any business consists of 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
Starting Your Own Factoring Business? It’s Your Call
July 11, 2011 by Don DAmbrosio · 6 Comments
At some point in our working lives many of us think about starting a business and being our own boss. The thought of Read more
Factoring Brokers Get Paid Before a Deal Closes?
July 5, 2011 by Factoring Investor · Leave a Comment
You have to hear about this…
New Factoring Broker Promotion!
We all know that factoring brokers normally get paid a referral fee after the factoring companies fund the invoices. But PRN Funding is currently running a special offer to factoring brokers that pays a $50 gift card upon referral of a qualified medical staffing lead!
It doesn’t matter if it turns into a closed deal… you still get paid! It just has to meet these requirements:
Upon evaluation and approval that the following criteria have been met for a referral, PRN Funding will mail out a $50 gift card (of the broker’s choosing) directly to the referral source:
- The prospect must be an organized entity (Corporation, LLC). Sole proprietorships, general partnerships and DBA’s do not qualify for this promotion.
- Broker/cash flow consultant must, at minimum, informally introduce PRN Funding, LLC to the prospect. In other words, PRN Funding will not make any cold calls as part of this promotion.
- The prospect must have a legitimate need and interest in accounts receivable factoring.
- PRN Funding must receive a completed application and accounts receivable aging report from the prospect.
Source: Get all the details from Nikki Flores of PRN Funding at Factoring Broker Summer Promo.
Gift card choices include popular places like Amazon, AMC Movie Theaters, Starbucks, iTunes, Golfsmith, Olive Garden, and many more.
Want more good factoring news?
You can also be eligible to win an iPad if you refer the most potential clients (with at least 3 leads needed to qualify).
But hurry, factoring brokers have until September 30, 2011 to take advantage of this great offer.
Need marketing ideas to jump start your factoring business?
Grab your copy of Marketing Tools for Small Factors and Consultants.
You’ll get instant access to this incredible ebook filled with 45 marketing strategies from 7 successful factoring brokers, consultants, and companies.
Factoring – How Medical Billing Companies Can Avoid the Double Credit Crunch
July 3, 2011 by Philip Cohen · 2 Comments
In this economy, many service-oriented small businesses are struggling to obtain cash on two fronts – (1) Acquiring or extending a line of credit and (2) Getting their customers to pay in a timely manner.
Outsourced medical billing providers are just one type of business that is being affected by the “double credit crunch.” On the one hand, banks have Read more
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
3 Business Factoring Benefits To Grow Your Bottom Line
May 30, 2011 by Factoring Investor · Leave a Comment
Although there are many benefits to business factoring over getting a line of credit, consider these…
3 Ways Invoice Financing Can Help Your Business
Factoring Benefit #1 – Take On The Slow Payers
What?!? Purposely take on accounts that have slow payers? That is right… Read more
Comparing Factoring Companies
May 23, 2011 by Factoring Investor · 3 Comments
Whether you are looking to sell invoices you own or you have a client that is considering factoring, choosing the right Factoring Company to fund your deals can be challenging. Here are key items to consider when… Read more
What is Accounts Receivable Factoring?
May 2, 2011 by Philip Cohen · Leave a Comment
Cash flow problems often occur at the early stages of business development or during periods of rapid growth.
Cash flow especially becomes a problem in industries where it’s typical for completed work to go unpaid for 30, 60, or even 90 days after issuing the invoice. Thus, when growing companies start experiencing growth pains, they first try to Read more
