We have the best job in the world! In sales, we get to meet new people every day. We are afforded the gift of learning about different industries almost every day. We get to meet a lot of people from all walks of life. We have it made! … [Read more...]
Mike Ponomarew
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Michael Ponomarew brings with him more than 24 years of experience in entrepreneurship, marketing, and business management. He has established and assisted in vending three other businesses. He currently owns one other company. He started in the factoring industry in 1999 as a consultant, which led to becoming a funding source in 2002. Mike currently serves as the Director of North American operations for Millennium Funding. Millennium has factored hundreds of clients and each year manages in excess of $150 million in accounts receivable. Drawing on his experience as a consultant and a funding source, his responsibilities include training and coaching consultants, first and second stage underwriting and is one of the primary liaisons on … [Read more...]
A Quick Factoring Example…
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Looking for a quick example of the factoring process? Let's say that XYZ Enterprises makes table clothes. They receive an order for 10,000 from ABC Linens at the cost of $1.00 each. … [Read more...]