Factoring Conferences

The International Factoring Association (IFA) finished up their 2012 conference April 18-21 in Huntington Beach, CA.  If you missed the event keep an eye on the factoring.org website for the the release of the conference cds.

They have also announced the IFA 2013 Factoring Conference April 24-27, 2013 at the Fontanebleau Hotel in Miami Beach Florida. Registration will be available mid October.

Factoring Trainings

There are several factoring trainings still available for 2012 from IFA.  One of these, The Small Factors Meeting, is moderated by Jeff Callender President of Dash Point Financial.  Jeff is also the author of How I Run My One Man Factoring Company and the Small Factor eBook Series.  Starting as a factoring broker in 1994, Jeff now owns his own factoring company and shares his knowledge with others interested in the factoring business as a broker or investor.

This training is being held October 25-26th in Las Vegas NV and will also be moderated by Ryan Jaskiewicz, the founder and President of 12five Capital. The workshop is designed to give small factors a forum to discuss and learn with emphasis on round table discussion, networking and education.

Factoring News From Bibby Financial

Bibby Financial Services has announced several news worthy items in April.  The following excerpts were taken from the formal press releases.  Please visit the Bibby Financial website to read the full version of the articles.

Bibby Financial Services Provides a Group of Businesses With $3 Million Factoring Facility

TORONTO — (Marketwire) — 04/10/2012 — Bibby Financial Services said today that it has funded an Ontario, Canada-based temporary staffing company that provides staffing solutions across the light industrial and financial services sectors.

The company already has two operating units that are current clients of Bibby Financial Services. This latest addition will use the increased cash flow to stay ahead of payroll expenses — a major concern for any staffing firm.

“Factoring is a smart choice for staffing companies due the pressure of meeting weekly or monthly payrolls,” said Bob Lall, Managing Director, Bibby Financial Services (Canada). “A staffing company might have 30-day terms for payment while its temporary employees expect weekly payroll checks. Factoring bridges the gap between invoicing and receiving payments. With increased cash flow and a factor following up on invoices for its clients, a staffing company has the time and working capital it needs to take on new business.”

They have also announced a new promotion in Canada.

Bibby Financial Services Names Hardy Kang Canadian Head of Sales

TORONTO — (Marketwire) — 04/16/2012 — Bibby Financial Services announced today Hardy Kang has been promoted to Head of Sales, Canada. In his new role, Kang will develop and lead the Canadian region’s sales team while continuing to take on new business and provide small and medium-sized companies with flexible cash flow solutions. He will report directly to Bob Lall, Managing Director.

Bibby Financial is a worldwide market leader in business cash flow solutions to small and medium-sized companies. With offices in eight North American cities and 14 countries around the world, its product portfolio includes accounts receivables finance, factoring, export finance, purchase order finance,  and specialist solutions for the staffing and trucking sectors. They are also one of the factors listed in the 2012 Factoring Company Directory.

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?

This handy book is here to guide you through the maze of options that might be of benefit to your company.

Instant Download Only $12.95 (or order a hard copy for $24.95 from Amazon here!)

You’ll better understand the various financial options available, and how to access them, including tips on:

• Personal Financing
• Peer-to-Peer Lending
• Microloans
• Asset-Based Loans
• Factoring and Accounts Receivable Financing
• Merchant Cash Advance
• Purchase Order Financing
• Equipment Lease Financing
• Commercial Real Estate Financing
• Venture Capital Financing

You’ll also find valuable information on getting your small business started and the basic principles every owner should know.

Help make your business a success and know your options!

About the Author:

Karlene Sinclair-Robinson resides in Northern Virginia with her husband and two wonderful children, one of whom has been diagnosed with Autism. She spent almost eight years as a business consultant working with small business owners and witnessed their inability to access capital through banks while being unaware of alternative options. She decided to fill the void by writing this book.

Mrs. Robinson is the Managing Member for the business and financial consulting firm, KPR Funding Solutions LLC.