While the public's confidence on the economy continues to spiral downward, the demand for health care in this country continues to grow. According to the National Coalition on Health Care, the U.S. spent approximately 17% of its GDP in 2008 on health care costs. That percentage is expected to jump to 20% by 2017. … [Read more...]
Grow Your Factoring Business with Participation
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So you have this great factoring business and all of your efforts are starting to pay off. Your marketing campaign is generating new leads and your existing clients are growing. For most businesses this would be a dream come true. Right? But what happens when your factoring company does not have enough cash to fund new invoices? It’s almost as if you are in the same predicament as your clients. You have new business but no capital to grow. One solution called Participation is a great way for you to keep your current book of business and fund new deals. It’s actually quite simple and very effective for many factoring companies. A participant can enter into an arrangement where they fund all or a portion of the factor’s invoices … [Read more...]
Busting Healthcare Factoring Myths
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There are a lot of rumors that factoring is not an ideal payroll funding solution for healthcare staffing business owners and entrepreneurs. However, many of those rumors are a result of misinformation and poor staffing factoring research methods. This article will help debunk some of the more common factoring myths … [Read more...]
Factoring Conference and Training for 2011
Looking to network with factoring companies? Desire to learn directly from the factoring industry leaders? Then make plans to attend the IFA's Annual Factoring Conference April 13-16, 2011, in Washington DC. Here are a few of the presentations and speakers they have in their impressive line-up this year: How the Federal Reserve Operates - Governor Elizabeth A. Duke How the Business and Finance World will look in the Coming 20 Years - Dr. Michio Kaku Current Topics in Transportation Factoring - David Jencks, Esq. Play Factoring Jeopardy - Phil Cohen Issues surrounding Sales Tax, Credit Insurance, Misdirected payments, Invoice Terms & Arbitration - Mike Ullman, Esq. Factoring 101 - Darla Auchinachie Frauds, Fairy … [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...]
Five Potential Barriers to Successful Accounts Receivable Factoring
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Accounts receivable factoring is a simple and quick method for temp nurse staffing agencies, medical transcription services and medical coding companies to access working capital. However, certain requirements must be satisfied to take full advantage of … [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...]
Directory of Factoring Companies and Service Providers – All New 2013 Edition
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Sometimes it is not only what you know, but who you know. Knowing the right contacts not only makes things easier, it can make you more money. Gain access to our personal Rolodex of experienced factoring funders that took years to develop. Work direct with knowledgeable investors, educators, and mentors. Grab your copy of the 2012 Factoring Directory today! Order Now in PDF format for only $29.96 (25% Off $39.95 Retail Price) Business owners and factoring brokers will gain instant access to: … [Read more...]