Spot factoring lets a business raise working capital by receiving an advance on just a single outstanding invoice. Here are 3 reasons it is effective to offer spot factoring to clients, as shared by Steve Ontiveros of Resource Business Partners, Inc. … [Read more...]
Archives for 2010
Freedom From Factoring Fees
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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...]
Small Business Financing: Where To Go When Banks Say No?
Lending to small business was down a whopping 12.5 billion or 4.6% for the 7 months ending in November. That sobering news comes from the Treasury Department's tracking of the 22 largest banks receiving bailout money. Of course these stats are no surprise to business owners. Rebuffed by banks, they increasingly turn to factoring and purchase order financing for cash flow needs. The New York Times recently … [Read more...]
Top 5 Factoring Articles for 2009
The results are in and our readers have spoken! Here are the 5 most read factoring articles for 2009. Make sure to review these timely topics as you make plans for your accounts receivable financing business in 2010. … [Read more...]
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All Done! In a few short minutes you will be receiving (via email) your very own copy of The Factoring Hot List. You are also part of the Factoring Investor 'inner circle." This entitles you to receive free weekly updates on what is going on in the factoring industry including special funder interviews and real world strategies to help you excel in the cash flow business. Until then, check out the FactoringInvestor.com site and be sure to visit a few of our sponsors that make this possible. If you have any questions, or would like to know more about a particular topic, don't hesitate to contact us. We look forward to working with you! All the best, Fred and Tracy Rewey, FactoringInvestor.com … [Read more...]
Factoring Conference and Workshop Schedule
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Searching for training and networking in the accounts receivable factoring industry? The International Factoring Association (IFA) has announced their conference and training courses for 2010. These training courses provide factoring brokers, funders, and investors opportunities for ongoing education and networking in the world of invoice factoring. Mark your calendars for these upcoming events: … [Read more...]
Why Yahoo Hot Jobs Names Factoring Broker as a Top 10 Profession for 2009!
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A Factor you say! A what? Didn't you study those in algebra? While this career is fairly foreign to most folks, it is quickly becoming a very "Hot" opportunity, since bank loans are hard to come by. … [Read more...]
Handling Customer Questions About Factoring Invoices
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Many companies that start using factoring often have questions regarding their customers. How will they be treated? What if they pay me directly? What do I tell them? Here are some common questions and helpful answers. … [Read more...]