Press Releases Archives

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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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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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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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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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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The Interface Financial Group Notes Need for Construction Factoring Increases as Construction Spending Rises

The Interface Financial Group’s factoring services provide small to medium-sized contactors with an innovative cash flow solution that complements the sector as it continues to recover economically. Invoice factoring is the funding choice for many small business seeking growth and expansion financing. Continue reading

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The Interface Financial Group Factoring Services Support Small Business Growth in the Machines and Components Sector

BETHESDA, MD–(Marketwire–June 15, 2012)–According to the Interface Financial Group (IFG), North America’s largest alternative funding source for small to medium-sized enterprises, SMEs are now being driven by the baby boomer market. Companies that make machines and components for other manufacturers are experiencing an upswing that could be a sign of things to come for the broader economy, says Payne, a company that tracks lending to small businesses. Continue reading

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