Press Releases Archives
Construction Factoring Supports Recovery as Private Construction Accelerates
When factoring, a sub-contractor or construction firm can realize a very fast turnaround on accounts receivable due for completed stages of a construction project – even 24 hours. Unlike a loan factoring is the purchase of financial assets, or accounts receivables. There are no co-signers required or upfront fees. IFG has no minimum sales volume requirements, and professional fees are competitive.
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NFIB Survey: December Job Openings Level Offers Hope for U.S. Economy
BETHESDA, MD–(Marketwire–January 27, 2012)–According to the Interface Financial Group (IFG), factoring is an ideal alternative funding solution for small to medium-sized enterprises (SMEs) at this point in the United States’ economic recovery. According to the latest National Federation of Independent Businesses Survey, job openings and hiring plans were at a level high for December 2011. It was the second highest level since 2007 when the recession began, providing small to medium-sized businesses (SMEs) with hope that an improvement in the economy is in sight.
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The Interface Financial Group Offers Alternative Funding Solutions to Growing SMEs as Struggling U.S. Banks Call in Loans
BETHESDA, MD–(Marketwire–January 6, 2011)–According to the Interface Financial Group (IFG), invoice factoring is a growing source of alternative funding for small to medium sized enterprises (SME’s). With struggling U.S. banks under pressure to raise capital and cut risks, some are severing the credit lines of select small-business customers, demanding that they pay off their balances rather than continue making monthly payments. IFG offers alternative funding solutions to SMEs to explore the cash flow benefits of factoring for sustained growth in 2012.
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The Interface Financial Group Offers Solution to Small Businesses Experiencing 80% Late Payment Challenge
BETHESDA, MD–(Marketwire – Dec 15, 2011)–According to the Interface Financial Group (IFG), a new survey says the majority of small business owners have a positive outlook about their cash flow in 2012, but despite their optimism, 80 percent of small businesses are still plagued by late payments. (Source: The PaySimple Small Business Pulse Survey took place in October 2011 surveying small business owners and employees, with responses from 223 respondents.) Unlike a loan, factoring services is the purchase of financial assets, or receivables accounts by a factoring company.
Interface Financial Group Offers Invoice Factoring for SMEs Reluctant to Hire Staff
BETHESDA, MD–(Marketwire – Nov 9, 2011) – According to The Interface Financial Group (IFG), invoice factoring is ideal for SMEs who need to hire employees — whether for seasonal rushes, new clients, or staff that is out on sick or maternity leave. This is why some business owners are turning to factoring as a means of creating immediate cash flow. The latest small business optimism index shows that many U.S. small business owners are reluctant to hire more employees in the near future because of the last quarter’s slow sales as well as uncertainty about the economy. Twenty-six percent of SMEs surveyed said poor sales is their main concern. (Source: National Federation of Independent Business (NFIB) membership of 2,077 small businesses surveyed.)
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The Interface Financial Group’s Annual Conference in the United Kingdom Focuses on the New Era of Invoice Factoring
BETHESDA, MD–(Marketwire – Oct 6, 2011) - The Interface Financial Group (IFG), North America’s largest alternative funding source for small business, announced today that the company held its first corporate regional conference in Birmingham, United Kingdom the week of September 26, 2011. IFG provides short-term financial resources, including invoice factoring, and 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. Continue reading
The Interface Financial Group Touts Invoice Factoring as a Workable Solution to Boost Small Business Optimism
BETHESDA, MD–(Marketwire – Sep 13, 2011) – According to The Interface Financial Group (IFG), business lending is improving for some small businesses but for others like the construction industry, or new businesses with no credit, obtaining bank financing is nearly impossible. During the month of August 2011, the Small Business Optimism Index fell down by 1.8 points to 88.1, the sixth monthly decline consecutively. Today, an alternative funding strategy, invoice factoring, provides a workable solution for any business that is unable to qualify for traditional financing. Continue reading
Lack of Cash Flow Leading to Increased Small Business Failure
Sydney, NSW – (PRWire – 29 August 2011) -The Interface Financial Group (IFG), a growing source of alternative funding for Australian small and medium enterprises (SMEs), announced that the company offers support to SMEs that are faced with cash flow challenges caused by the difficult economic environment. IFG provides short-term financial resources including invoice discounting to companies in Australia, New Zealand, the UK, Ireland, the United States, Canada, and Singapore. Continue reading
The Interface Financial Group Predicts Improvement in Construction Factoring
–McGraw-Hill construction reports rise in June construction starts, which means contractors may need to use construction factoring services to generate cash–
BETHESDA, MD–(Marketwire–August 23, 2011) – According to The Interface Financial Group (IFG), the July 22, 2011 construction report from McGraw-Hill Companies regarding a 15 percent increase in new construction starts in June was a good indication that construction factoring will soon gain as well.
The Interface Financial Group Notes Factoring Fills Gap for Small Business Woes
BETHESDA, MD–(Marketwire–August 17, 2011) – According to the National Federation of Independent Business (NFIB) most recent survey, hiring and the mood among small business owners continued on a downward spiral. The NFIB’s index, which measures small business optimism, dipped for the fourth consecutive month in a row in June. The process for invoice factoring is much easier than getting a loan. There are no accounts to open, no upfront fees, and there are no minimums or maximums, co-signers or long term commitments required. Continue reading
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