There are many factoring uses in today’s market for both small and large businesses. With cash flow a key to survival and growth, here are some factoring pros to keep in mind when comparing to traditional bank loans. … [Read more...]
Cash Flow Investor Spotlight: Monterey’s Consumer Finance Program
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The cash flow business depends on Monterey Financial for the purchase of retail installment contracts. Factoring Investor (FI) caught up with Gina Frame, Assistant Manager Sales & Marketing, to fill us in on how Monterey is helping businesses and cash flow brokers turn receivables into cash. … [Read more...]
Comparison of Factoring Fees and Charges
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The costs for invoice factoring are made up of discount fees and administrative charges. But watch out! It’s a competitive business and some factoring companies advertise super low discount rates to lure in accounts receivable funding clients and hit them with hidden fees later. Want to know the true factoring charges before signing on the dotted line? Use this chart for an accurate factoring fees comparison. … [Read more...]
When Do Factoring Companies Decline Invoice Financing?
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Factoring companies have a well-earned reputation for providing cash flow solutions when banks say “No” to business financing. But there are times when even they turn down a request for factoring help. Improve your chances for approval by keeping four qualifiers in mind when courting receivable financing: … [Read more...]
Factoring Taps Into The Social Media Revolution
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When it comes to Marketing there are many theories. With so many strategies what should you do to attract Factoring prospects? To receive your answer, you must learn to observe the way people are communicating with each other in 2K10. … [Read more...]
BP Oil Spills Into Factoring Services
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The gulf oil leak is showing up in some unexpected areas, including the accounts receivable factoring industry. … [Read more...]
Marketing Ideas for Factoring Brokers – Book Review
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Do you ever wish someone would hand you a blue print for finding business? If you are like most factoring brokers you may wonder: “Which marketing methods are most effective?” “Which are a waste of time and money?” … [Read more...]
When Do Factoring Brokers Get Paid?
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Brokers and consultants earn lucrative and reoccurring commissions for the referral of business owners that use accounts receivable financing services. But when are these factoring commissions paid? … [Read more...]
7 Questions for Factoring Business Networking
Networking through professional groups is a time proven way to develop factoring clients. But what do you say to complete strangers? It’s actually pretty simple to keep the conversation rolling if you use these seven questions. … [Read more...]
Back By Popular Demand – Factoring Webinar!
You asked for it and we got it! We have received a number of requests to rebroadcast the Attraction Marketing Webinar presented by Michael Ponomarew last month. … [Read more...]