How factoring brokers can approach prospects professionally by learning the language of invoice financing. One never gets a chance to “recapture” credibility. In working with businesses that need cash, the factoring consultant must display characteristics that instill confidence in the prospect. A professional approach requires a … [Read more...]
Archives for November 2012
How the Election Affects Your Factoring Business
A look a how the business of factoring will be impacted by the election results and economic issues. The election is over and no matter what side of the political fence you reside, the people have spoken. President Obama returns for four more years with a divided congress consisting of Republicans controlling the House of Representatives while the Democrats retain their majority in the Senate. No matter who was victorious in these races, tough issues lie before our elected officials. The latest unemployment data released by the US Bureau of Labor Statistics remains close to 8% as of November 7, 2012. The fiscal cliff is looming which includes the expiration of specific tax cuts while at the same time spending cuts of over 1,000 … [Read more...]
Private Duty: When Healthcare Factoring Isn’t Really Healthcare Factoring
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A look at why factoring services for private duty care and home healthcare are dramatically different in this article from PRN Funding. Home care recipients enjoy the many benefits of care in the comfort of their own homes. It’s easier for family members to be involved in the patient’s treatment and care, and being at home allows patients to minimize the stress of a sudden dramatic change in environment. A practical and financially savvy solution to shifting … [Read more...]
Registration Open for 2013 Factoring Conference
Mark your calendars for the International Factoring Association Conference April 24 - 27, 2013, at the Fontainebleau in Miami Beach FL. This annual event is filled with speakers, panels, and networking for factoring companies, brokers, and professionals. Factoring Convention Educational Sessions The Factoring Association has these sessions planned: Speakers • Daniel Gross - Rise of the New Economy • Kevin Mitnick - Art of Deception • Warren McDonald - Challenge of Change • Bob Zadek, Esq - Report from the Courts & Legal 101 • David Jencks, Esq - Transportation Factoring • Darla Auchinachie - Factoring 101 Panels • Point / Counterpoint - Controversy in Factoring • Industry Experts - Predictions for the … [Read more...]