Temporary Staffing companies play a key role in employment, and have helped reduce the overall unemployment numbers in the US over the past 6 months, even if their workers are employed on a short-term basis. However, temp staffing is one of the many small business sectors that have been affected by primary lenders who have been forced to tighten credit policies. … [Read more...]
Factoring Medical Receivables – Where are the Needs and Opportunities?
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Have you ever known of a situation in which the Federal Government intervened in an industry through regulation or in any other way, and as a result of such intervention, the industry became more efficient? If you can’t think of any off hand it’s because it hasn’t happened. The most recent example of such inefficiency has been the … [Read more...]
Factoring Broker Training – Don’t Make These 3 Mistakes!
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Want to earn referral fees as a factoring broker working full or part-time? Be sure to avoid these three common mistakes when seeking prospective clients in need of accounts receivable financing. … [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...]
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...]
Factoring Invoices – Waking a Small Sleeping Giant
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Not too long ago, the factoring industry was looked upon as a financing alternative for large commercial enterprises, … [Read more...]
Accounts Receivable Factoring for Nurse Staffing Companies
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The cash flow gap is a common challenge to nurse staffing agencies. It can take months for the hospitals and nursing homes to pay invoices for staffing services yet the nursing staff needs paid every week or two. Factoring companies can help by providing small business funding to Nurse Staffing Agencies, but should they choose recourse or non recourse factoring? This article from guest author Philip Cohen of PRN Funding explains the difference. Recourse and Non-Recourse Nurse Staffing Accounts Receivable Factoring: What's the Difference? By: Philip Cohen What is nurse staffing recourse factoring? For the most part, recourse factoring is the most common and the most affordable nurse staffing financial help available to … [Read more...]
Invoice Factoring News – Transportation Factoring
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There’s a long road ahead for transportation factoring. Two industry developments have caused companies to navigate obstacles and detours placed in the path of freight bill financing. … [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...]