Whether you are looking to sell invoices you own or you have a client that is considering factoring, choosing the right Factoring Company to fund your deals can be challenging. Here are key items to consider when... … [Read more...]
Building A Factoring Broker Business? Bigger is Not Always Better!
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In my very first sales experience, my book of business was compared to a bathtub half full with water. Additionally, I was told that this bath tub had no plug in the drain, so water was continually escaping from it. The riddle was finally completed with the question, "How therefore can you maintain water in half the tub with the constant outflow of water?" … [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...]
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...]
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 With Riviera Finance
Looking for longevity and service in a factoring company? Riviera Finance recently celebrated an impressive 40 years of helping small business turn accounts receivable into ready cash. Factoring Investor (FI) was fortunate to catch up with Dave DeRango, Business Development Manager at Riviera Finance, for an investor spotlight interview. … [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...]
Staffing Factoring Helps Oil Spill Cleanup Jobs
Thousands of workers hit the Gulf Coast beaches to help with the worst oil spill disaster in history. Temporary workers fill many oil spill cleanup jobs, creating a surge of business for staffing companies. As a staffing company hires, trains, and pays workers they create invoices in need of payment. That can mean more cash going out than coming in, creating a cash flow crunch during a credit crisis. … [Read more...]
Are You Linked In with Factoring Groups?
If you are looking to network with other factoring professionals then it’s time to get active with LinkedIn. This online networking platform is doing for business what Facebook did for friends and family. LinkedIn offers free membership for networking with over 70 million members in 200 countries. But even better, you can specify the type of professional groups you want to actively follow. The factoring industry alone has over 50 Groups focused on this specialized segment of commercial financing. If you are a factoring broker be sure to check out these most active groups: Commercial Finance Association Factoring Professionals (FP Americas and FP Europe) Trade Finance, Factoring and Forfaiting Professionals The Global … [Read more...]