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 Catches on Among SMEs

 

If you are a small to medium-sized enterprise (SMEs), then you may have heard about a new alternative finance strategy known as “Spot Factoring.” Just to be clear up front, it is not a loan – spot factoring is the purchase of financial assets, or receivables accounts by a factoring company such as the Interface Financial Group (IFG). It is the sale of a single approved invoice to a third party to acquire immediate cash, which can help you meet operating expenses. It’s is a way to achieve consistent cash flow.more

 

Be Aggresive in Business During a Tough Economy

Rather than sitting back and doing nothing, many small business advisers recommend offering a new product or expanding overseas to help boost a slow business. In fact, lots of people advise staying aggressive during a difficult economy, even though spending money when times are tough can be frightening.

 

Whatever you do, research your ideas carefully and don’t rush into making any decisions that cost money. Or figure out a way to pay as you go. For instance, if you could use a financial strategy such as The Interface Financial Group factoring services, you could acrue enough funds to purchase the materials and supplies required to make a new product offering, and then pay for the marketing and sales needed to seel it online or overseas. Visit www.ifgnetwork.com  

 

NEWS

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

–Construction spending continues to rise — up to $238.5 billion, 7.3 percent above the $222.2 billion for the same period in 2011–

 

BETHESDA, MD–(Marketwire–June 25, 2012)–According to the Interface Financial Group (IFG), North America’s largest alternative funding source for small to medium-sized enterprises, construction spending during April 2012 was up 1.3 percent since March, and at an estimated seasonally adjusted annual rate of $820.7 billion.more

 

Factoring Services in Support of Economic Recovery Among SMEs

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. more

 

 

 

 

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Copyright 2011. The Interface Financial Group, Inc. (IFG) All Rights Reserved. For more information email: info@interfacefinancial.com  www.interfacefiancial.com    

 

 

 

 

 

 

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