When a bank loan is an unobtainable financing option for a small business owner, he/she starts investigating alternative funding solutions. Two of the more frequently used alternative financing options are payroll funding and/or invoice factoring. At first glance, the two options may appear to be the same thing. Truth be told, there are many similarities between the two, but there are some core differences as well. … [Read more...]
What are the Differences Between Payroll Funding Companies and Invoice Factoring Firms?
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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...]
How To Make Money and Earn Fees in the Cash Flow Business!
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Many people have heard about the cash flow industry but don't really know how the average person can profit from it. There are basically three methods for handling the fees paid to cash flow brokers or consultants, as follows: Referral Fee Establish Your Own Fee Set Commission Fee 1. Referral Fee Pros: Very Little Paperwork/Time. Cons: Typically smaller commissions. Cash Flows: Just about any cash flow can be "referred." The Referral Fee structure is the easiest, particularly if you already have a full time job and you have limited extra hours in the day. With the Referral Fee structure you simply find a deal and refer it on to a Funder or Master Consultant that accepts referrals. For the most part, you have no or … [Read more...]