Factoring Medical Billing Companies – Frequently Asked Questions

A lot of questions can come up when a business owner starts researching medical billing funding solutions – the idea of selling their invoices to a factor or medical billing funding agency. This article addresses some of the more frequently asked questions Read more

Is Your Factoring Business In It For The Long Run?

I realize this question may seem obvious to anyone who owns a factoring business.

Every business owner wants to succeed and have their company flourish which is why we took the leap of faith in the first place. Sometimes however, our actions Read more

Factoring Training: Social Media and Small Business

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

Healthcare Staffing Funding – Bank Loan or Accounts Receivable Factoring?

When prospective healthcare staffing businesses compare factoring fees to bank lending rates, factoring almost always seems more expensive.

Oftentimes, factoring prospects annualize the percentage charged by factors, extrapolating three percent per month to an interest rate of 36 percent per year. In the world of healthcare staffing financing, this scenario is like comparing apples to oranges. Read more

Factoring: Is It Always About the Account Debtor?

We all know that factoring has been around for ages and due to the recent changes in the economy its popularity has increased dramatically. With financial institutions constricting credit to businesses, the increased demand for cash flow has created an opportunity for the asset based lending industry especially for Read more

Credit Squeeze Keeps Factoring Companies Busy

A small business owner who is trying to grow his/her business during a booming economy will hit some speed bumps when applying for traditional financing if he/she cannot show an extensive profitable operating history.

Throw in the current economic climate, and the chance of an entrepreneur obtaining a conventional bank loan is slim to none. When loans are no longer an option, business owners have to find Read more

Comparing Factoring Companies

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

Building A Factoring Broker Business? Bigger is Not Always Better!

In my very first sales experience, my book of business was compared to a bathtub half full with water.

Additionally, I was told that this bath tub had no plug in the drain, so water was continually escaping from it.

The riddle was finally completed with the question, “How therefore can you maintain water in half the tub with the constant outflow of water?” Read more

Busting Healthcare Factoring Myths

There are a lot of rumors that factoring is not an ideal payroll funding solution for healthcare staffing business owners and entrepreneurs.

However, many of those rumors are a result of misinformation and poor staffing factoring research methods.

This article will help debunk some of the more common factoring myths Read more

Factoring Conference and Training for 2011

Looking to network with factoring companies?

Desire to learn directly from the factoring industry leaders?

Then make plans to attend the IFA’s Annual Factoring Conference April 13-16, 2011, in Washington DC.

Here are a few of the presentations and speakers they have in their impressive line-up this year:

• How the Federal Reserve Operates – Governor Elizabeth A. Duke
• How the Business and Finance World will look in the Coming 20 Years – Dr. Michio Kaku
• Current Topics in Transportation Factoring – David Jencks, Esq.
• Play Factoring Jeopardy – Phil Cohen
• Issues surrounding Sales Tax, Credit Insurance, Misdirected payments, Invoice Terms & Arbitration – Mike Ullman, Esq.
• Factoring 101 – Darla Auchinachie
• Frauds, Fairy Tales and Facts about Managing a Factoring Portfolio – Allen Frederic, Michael Monk, Pat Haney, Jay Atkins
• Introduction to Sales & Marketing – Blaine Waugh
• Small Factors Roundtable – Melissa Donald, Ryan Jaskiewicz, David Jencks, Esq.
• Factoring in Canada – Jeffery Alpert, Esq, Martin Fingerhut, Esq, Oscar Rombolà
• Plus networking events, receptions, and a golf tournament sponsored by factoring companies like RMP Capital and Bibby Financial.

You can register on-line at www.factoringconference.com or by calling the IFA at
800-563-1895.  There is a $50 discount for registering by January 31, 2011!

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