How often have you heard the catch phrases, “Same day funding”, or “Invoices funded in 24 hours or less”? Whether you work in the factoring industry as a direct funder or consultant, we all know that quality customer service is a cornerstone for any company’s long term success. Lately however, it seems that customer service is measured more on speed than any other factor. … [Read more...]
Getting In the Factoring Business – Part Two
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Three important questions you will want answered before starting a factoring business as a broker, consultant, or funding company. Over the last year I’ve had the privilege and pleasure of writing several articles for Factoring Investor on the topic of how you can get involved in the factoring business. … [Read more...]
Factoring Industry Conference, News, and Updates
Here's your Factoring Industry Updates including the latest news and 2012 factoring conference schedules. … [Read more...]
Factor in Some Good News for the Factoring Industry
The New Year has arrived and with it comes the hopes and expectations for results to exceed those in previous years. Let’s face it, we all want to increase sales and profitability whether it’s in January or the middle of the summer. With traditional financial institutions continuing their stranglehold on lending to businesses, the factoring industry has experienced a renewed interest from companies seeking … [Read more...]
Pawning for Payroll? Try Factoring Invoices Instead!
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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: Is It Always About the Account Debtor?
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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...]
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...]
Factoring Brokers Create Momentum for Success
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I think it is time that we address “momentum.” Creating and maintaining momentum tops my list as one of the most important aspects in business. … [Read more...]
A Word of Caution for Factoring Brokers
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A word of “Caution” - don't get stuck with your head in the sand! I promised to share a special note of caution. That message begins with telling you 1 in 3 Americans are obese and nine in 10 Americans say … [Read more...]
2011 State of the Factoring Industry
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Happy New Year everyone! A number of months have passed since my last article. It is not because I have forgotten about you, quite the contrary. You will soon find out why it has taken me such a long time to share my thoughts and observations with you. … [Read more...]