How to Finance a Demolition Company With Construction Factoring

Finding business financing for any small or medium sized company in the construction industry has always been a challenge. Read more

When Do Factoring Companies Decline Invoice Financing?

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

Staffing Factoring Helps Oil Spill Cleanup Jobs

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

Directory of Factoring Companies and Service Providers – All New 2010 Edition

Sometimes it is not only what you know, but who you know.

Knowing the right contacts not only makes things easier, it can make you more money. Read more

Are You Linked In with Factoring Groups?

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.

Construction Factoring Dips Along With the Construction Industry

Very few companies are financing businesses in the construction industry today as the industry risk is still too great. Many general contractors and subcontractors are reeling from the effects of the building bubble.

And to add insult to injury, many construction companies who obtained a business loan will probably, or already have found themselves out of covenant. This is due to falling sales. Simply put, banks won’t let them tap into their lines of credit until their sales are back on track.

What’s more, even in the factoring industry, few companies dare to offer construction factoring since the risks of default are still high. However, in many cases a factoring company will be able to help. There are quite a number of firms specializing in construction factoring. Read more

Accounts Receivable Factoring – An Alternative Funding Option For Small Businesses

Because of their lack of financial sophistication and size, today’s small businesses continue to face the hardships brought on by current economic challenges.

Many firms struggle to maintain their bank credit facilities, and securing a new line of credit or increasing a company’s current limit is nearly impossible.

So if the lending wells have dried up, what’s a small business owner to do?

Capitalize on the benefits of accounts receivables factoring. Read more

Investor Spotlight: Working With AAA Factoring Group

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

The Small Business Owner’s Guide to Alternative Financing

What The Small Business Owner Must Know to Get Through These Financial Times!

New Book Release by Karlene Sinclair-Robinson, Certified Cash Flow Consultant.

Our current national financial situation makes it even harder for small businesses to qualify for bank financing.

Balancing the scale in this arena is vital, but will it even out for you? Read more