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The Interface Financial Group Notes 47 Percent of SMEs Surveyed Do Not Have Sufficient Capital

“Factoring companies are growing, as businesses turn to this alternative financing method. This survey indicates SMEs cannot get the funding required to start a business, or keep their existing businesses in survival mode,” said George Shapiro, president and chief executive officer of IFG. “Many experts believe that this lack of access to capital is having a huge impact including the nation’s slowdown in job creation and therefore stunting of the country’s overall economic growth.” Continue reading

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The Interface Financial Group Notes 47 Percent of SMEs Surveyed Do Not Have Sufficient Capital

BETHESDA, MD–(Marketwire – Sep 6, 2012) – According to The Interface Financial Group (IFG), North America’s largest alternative funding source for small to medium-sized enterprises, a study by the New York Stock Exchange (NYSE) reports U.S. small to medium-sized Enterprise (SME) business loans tallying $1 million or less declined five percent in 2011, while small business loan dollars declined seven percent. According to the report many of the SMEs did not receive the funding needed to start up.
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Factoring News – August 2012

Invoice Factoring Can Rescue U.S. Macroeconomic Conditions More than halfway through the year 2012 it is no secret that the U.S. economy slowed down drastically during the first half of 2012. The annual growth rate being at just 1.75 percent. What is sad for small to medium-sized businesses (SMEs) is that the economy is expected to continue to be weak during the last two quarters of 2012. Many of these SMEs have opted to survice via an age old strategy known as invoice factoring. –more– … Continue reading

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Does Your Business Need Cash Fast?

Small to medium-sized enterprises (SMEs) in the United States are having a really hard time making ends meet because the U.S. economy slowed down drastically during Q1 and Q2 of 2012. The annual growth rate remained at 1.75 percent. What’s worse, the economy is supposed to continue to be weak during Q3 and Q4, 2012. The economy in this election year has just not recovered as fast as we would all like. So it appears as if now it is unlikely that the U.S. economy … Continue reading

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Interface Financial Group Recommends Accounts Receivable Factoring for SMEs That Are Not Getting Funded

According to The Interface Financial Group (IFG), North America’s largest alternative funding source for small to medium-sized enterprises, a study by the Small Business Administration (SBA) reported that U.S. small business loans ($1 million or less) declined 5 percent last year. The dollar amount of small business loans declined 7 percent. In addition, more than 170,000 small businesses in the U.S. shut down between 2008 and 2010. The report also showed that many of the small businesses could not receive the funding required to start up. (Source: U.S. Census Bureau data.)
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Interface Financial Group Recommends Accounts Receivable Factoring for SMEs That Are Not Getting Funded

BETHESDA, MD–(Marketwire – Aug 16, 2012) – According to The Interface Financial Group (IFG), North America’s largest alternative funding source for small to medium-sized enterprises, a study by the Small Business Administration (SBA) reported that U.S. small business loans ($1 million or less) declined 5 percent last year. The dollar amount of small business loans declined 7 percent. In addition, more than 170,000 small businesses in the U.S. shut down between 2008 and 2010. The report also showed that many of the small businesses could not receive the funding required to start up. (Source: U.S. Census Bureau data.) Continue reading

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Factoring News – July 2012

Small Business Financing Solutions The success of a small business does not come easy. One of the biggest mistakes you can make is not being flexible. It is important to always look for advice, listen, and be open to adjusting your plan and product to better address your customers. The same thing applies when seeking small business financing solutions. In startups, one of the most common problems is that a business owner finds they do not have enough cash on hand to address exciting new … Continue reading

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Get the Cash Your Business Needs Fast

So get the cash you need fast with the Interface Financial Group — because factoring is just one more other financial tool that helps small to medium-sized businesses every day. Continue reading

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The Interface Financial Group Notes Invoice Factoring Will Benefit From Moving Ahead for Progress in the 21st Century Act (MAP-21)

According to The Interface Financial Group (IFG), North America’s largest alternative funding source for small to medium-sized enterprises, invoice factoring will benefit contractors since President Obama signed the $104.4-billion Moving Ahead for Progress in the 21st Century Act (MAP-21) 27-month highway-and-transit authorization bill on July 6.
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Factoring News – June 2012

What You Need to Know about Factoring   It is possible to finance small business growth without a loan through factoring. While securing factoring companies that would process your accounts receivable invoices, just know that it is a relatively simple process. A factoring services company, like IFG Network, will have a due diligence process that it needs to complete before funds can be transferred to you. They will look at a couple of things: mainly your customers and their credit. –more–     Spot Factoring … Continue reading

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