Pawning for Payroll? Try Factoring Invoices Instead!

Factoring or Pawning for Payroll

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...]

Is Groupon Marketing, Factoring, or Loan Sharking?

factoring fees vs groupon

How Groupon makes Factoring Invoices look downright cheap for small business financing. … [Read more...]

Comparing Factoring Companies

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!

Factoring broker big elephant

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...]

The Factoring Broker’s Action Plan

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Wondering How to Earn Fees as a Factoring Broker? Mike Ponomarew reveals the Factoring Broker Action Plan in his next webinar. Read the article and save your seat today! … [Read more...]

Accounts Receivable Factoring Examples

Factoring Examples

For some business owners accounts receivable factoring will provide solutions when all other avenues fail. Of course the greatest area of concern is usually the factoring fees leading many to wonder, "How much will it cost to use invoice factoring services?" … [Read more...]

Comparison of Factoring Fees and Charges

Factoring Fees Comparison

The costs for invoice factoring are made up of discount fees and administrative charges. But watch out! It’s a competitive business and some factoring companies advertise super low discount rates to lure in accounts receivable funding clients and hit them with hidden fees later. Want to know the true factoring charges before signing on the dotted line? Use this chart for an accurate factoring fees comparison. … [Read more...]

When Do Factoring Brokers Get Paid?

factoring broker fees

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...]

Freedom From Factoring Fees

Factoring-Fees

In an effort to combat the affects of the crumbling economy, service-oriented businesses have been getting creative with new ways to generate money. Unfortunately for consumers, that creativity often translates into price hikes, additional fees, reduced services or cut backs on productivity. But does it have to be that way? … [Read more...]

Factoring – The “F” is for Flexibility

factoring-flexibility-290

There are a lot of misconceptions about Factoring accounts receivable. The two biggest myths are It Costs Too Much and Lack of Flexibility. That may have been true in "the old days" but nothing could be further from the truth today. … [Read more...]