No matter what industry you are in, it is easy to get bogged down with the little things. Some people are so focused on their business name, business cards, stationary, website, and office furniture, they forget the biggest goal; Getting the Phone to Ring! … [Read more...]
Factoring – The “F” is for Flexibility
There are a lot of misconceptions about Factoring accounts receivable. The two biggest myths are It Costs Too Much and Lack of Flexibility. That may have been true in "the old days" but nothing could be further from the truth today. … [Read more...]
What Industries Use Factoring for Business Financing?
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Any company generating accounts receivable with creditworthy customers can take advantage of the cash flow benefits offered through factoring. In factoring, like any industry, there are certain clients that make up the greater share of business. … [Read more...]
Working Capital During the Credit Crunch
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There's no secret banks are putting the squeeze on business lending and credit lines. In fact 55% of small to midsize businesses surveyed by the National Small Business Association reported difficulty in obtaining credit last year. And that was in early 2008 before the credit crunch really hit. So where can business owners turn for working capital as banks say no to business financing? Here are three places to consider during the 2009 credit crunch: … [Read more...]
Using a Factor’s Credit Risk Expertise
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You probably already know about the ability to sell invoices to a Factor. You may also know you don't have to Factor all your invoices - just the ones you want or need. But did you know a Factor could provide tremendous help on invoices that you don't even factor? … [Read more...]
Earn Consultant Fees Factoring Invoices with Millennium Funding!
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Factoring account receivables is helping businesses through these tough economic conditions opening the door to earning opportunities for cash flow consultants. FactoringInvestor (FI) caught up with Michael Ponomarew (MP) from Millennium Funding to fill us in on how they are helping consultants earn fees by helping businesses sell invoices. … [Read more...]
Monterey Leads the Way with Consumer Finance
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With Consumer Financing and Debt Recovery hot topics on every business owners mind right now, FactoringInvestor (FI) caught up with Scott Little (SL) from Monterey Financial to fill us in on how they are helping businesses through these tough economic conditions. … [Read more...]
How to Obtain and Factor Government Contracts to Cash in on the $787 Billion Recovery Package!
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Well it's official! On February 17, 2009 the American Recovery and Reinvestment Act was signed into law promising to spend another $787 billion to stimulate the economy. While families and businesses have a death grip on their money, the federal and local governments are spending freely. … [Read more...]
Searching for Income? Factoring Makes Top Ten Jobs for 2009
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When Yahoo puts out its Hot Jobs list, people listen. As job prospects are expected to slow in 2009 people are urged to look into fields that are poised to excel. Yahoo Hot Jobs listed being a Factor as one of their Top 10 Professions for 2009. More and more businesses are seeking … [Read more...]
5 Keys to Factor Marketing Success!
Successful Factoring Consultants utilize a marketing plan to stay focused and on track in developing business. Here are 5 essential keys to building an effective targeted marketing plan, … [Read more...]