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Factoring is New Business Strategy for Funding in 2013

Factoring is an alternative to traditional bank lending for cash strapped small businesses looking to grow in 2013. The United States is finally gaining some power in the labor market, which is helping to fuel small businesses and innovation. But there are still many risks from economic uncertaintiesand and why small to medium-sized enterprises (SMEs) companies think small business factoring should be a consideration. Continue reading

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Small Businesses Look to The Interface Financial Group for Spot Factoring

–NSBA’s 2012 Economic Report indicates one in four small businesses lack necessary capital– BETHESDA, MD–(Marketwire–February 8, 2013)–According to The Interface Financial Group (IFG), North America’s largest alternative funding source for small to medium-sized enterprises, U.S. small businesses are less optimistic than last year about the overall economy. The news is a result of the February 6 release of the 2012 Year-End Economic Report from the National Small Business Association (NSBA). The report shows that there were modest gains in those small businesses that foresaw U.S. … Continue reading

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U.S. Small Businesses Get Cash Infusions from Factoring Companies in 2013

Today’s factoring industry is going through resurgence. In the old days people thought that using a factor was a last ditch effort to find funds. But today there is an entirely new discipline of factoring companies serving SMEs on a regular business to keep their cash flow moving. This can be the bridge financing tool for companies who cannot get a traditional bank loan.
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News About Invoice Discounting for Small Businesses in 2013

Invoice discounting for small businesses has existed for many years. Only a small fraction of small businesses understand and use this valuable tool to help during periods of growth or when cash flow is constrained due to late payment by customers. Continue reading

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U.S. Construction Spend at $837.1 Billion Rate (Annual)

According to a report for August from The U.S. Census Bureau of the Department of Commerce construction spending during August 2012 was estimated at $837.1 billion, seasonally adjusted annual rate. This figure is 6.5 percent above the August 2011 estimate of $786.3 billion.

These numbers are somewhat relevant to The Interface Financial Group because of limits on construction factoring services. Continue reading

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The Interface Financial Group Offers Small Businesses Spot Factoring Solution as Tax Debt Remedy

The Interface Financial Group (IFG) is North America’s largest alternative funding source for small business, providing short-term financial resources, including invoice factoring services (invoice discounting). The company serves clients in more than 30 industries in the United States, Canada, Singapore, Australia, New Zealand, UK and Ireland, and offers cross-border transaction facilities. With more than 140 offices across North America and over 39 years of experience, IFG provides innovative accounts receivable factoring services and solutions by offering short-term working capital to growing businesses. Single invoice factoring, or spot factoring, is an extremely fast way to turn receivables into cash.
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The Interface Financial Group Notes Construction Factoring to Benefit from Job Growth

BETHESDA, MD– (Sept. 24, 2012)–According to The Interface Financial Group (IFG), North America’s largest alternative funding source for small to medium-sized enterprises, construction factoring should benefit since construction employers added 1,000 jobs in August, according to of recent federal data released by the Associated General Contractors of America (AGC.) Continue reading

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Poll for Small Business Finance Strategies

The Interface Financial Group’s factoring services enable the many businesses do not get paid right away for delivered products/services, this negatively impacts cash flow, making it challenging for the business to produce new orders in a timely fashion. Accounts receivable factoring benefits businesses that do not get paid for 30, 60 or 90 days by advancing up to 90 percent of the invoice total. IFG looks at the creditworthiness of the client’s customers and can provide funding within as little as 24 hours. Continue reading

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Construction Spending for July is at 842.2 – 9.3 % Above Last Year

The Interface Financial Group (http://www.ifgnetwork.com) will post the August 2012 data expected to be released by October 1, 2012. Continue reading

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