Invoice funding is not always factoring. We were reminded of this in February when we highlighted a case study on social media marketing in the article Is Invoice Factoring Becoming Mainstream? We were intrigued by the company with an innovative marketing approach and decided to dig deeper in this interview with Tomer Michaeli, VP of Business Development at Fundbox. A NY-based technology company, Fundbox is helping small businesses, freelancers and home offices grow by overcoming short term cash flow gaps. They also accept referrals from factoring brokers and are a new addition to the 2014 Directory. Is Fundbox a factoring company? Tomer Michaeli: No, Fundbox is a technology company that offers business owners and freelancers a … [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...]