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“Services provided by IGF allowed us to capitalize on significant growth opportunities over a short period of time; tripling our workforce and increasing our revenue 10 fold”
Carol Craig
President,
Craig Technologies
IFG Press
| 08/16/2010: | Small Businesses Look to Suppliers for Funding via Factoring Solutions |
| BETHESDA, MD--(Marketwire - August 16, 2010) - The Interface Financial Group (IFG), North America's largest alternative funding source for small businesses, knows that during these economic times of tightened credit, small businesses are looking not only to financial institutions, but also to their suppliers, as sources of funds. A recent Small Business Association (SBA) Office of Advocacy study documents trade credit as almost as pervasive as bank credit in both incidence and volume. The study examined small businesses' use of types of credit including bank credit, or loans, and supplier credit, also known as trade credit. There are also alternative sources such as factoring which allows a company to provide credit to its customers while at the same time obtaining cash for business operations and expansion. | |
| 07/13/2010: | Factoring Can Help Small and Medium-Sized Businesses Avoid Economic Crisis |
| BETHESDA, MD--(Marketwire - July 13, 2010) -The Interface Financial Group (IFG), North America's largest alternative funding source for small businesses, announced a new series of educational videos on alternative financing solutions including factoring. Small to medium-sized businesses are using invoice factoring, or accounts receivable factoring, to obtain cash in order to avoid economic crisis since credit has become difficult to obtain. | |
| 06/24/2010: | IFG Offers Support to Small and Medium Sized Businesses: Creators of 65 Percent of Jobs in Private Sector |
| BETHESDA, MD--(Marketwire - June 22, 2010) - The Interface Financial Group (IFG), North America's largest alternative funding source for small businesses, announced that the company's alternative financing solutions including invoice factoring can assist small and medium sized firms with 20 to 499 employees. A recent report from the Office of Advocacy, the watchdog of the U.S. Small Business Administration, examines the role and status of small business in the economy today. | |
| 06/01/2010: | IFG Network LLC, the Operational Company of The Interface Financial Group (IFG), Launches IFG Network United Kingdom |
| BETHESDA, MD--(Marketwire - June 1, 2010) - IFG Network LLC, the operational company of The Interface Financial Group (IFG), has today launched operations through its new subsidiary, the IFG Network UK Limited in Birmingham, West Midlands in the United Kingdom. IFG is North America's largest alternative funding source for small business, providing short-term financial resources including invoice factoring. | |
| 05/11/2010: | The Interface Financial Group (IFG) Holds 8th Annual International Conference Focusing on Invoice Factoring Services |
| Bethesda, MD (Marketwire – May 11, 2010)–The Interface Financial Group (IFG), North America’s largest alternative funding source for small businesses, announced that the company held its 8th Annual International Conference at the Doubletree Paradise Valley/Scottsdale Resort in Arizona from April 29 to May 1st, 2010. The conference included IFG representatives from Canada, the United States, Australia, New Zealand and the United Kingdom who learned about the company’s core invoice factoring products and discussed industry trends. | |
| 04/23/2010: | The Interface Financial Group (IFG) and Factoring Services Assists Small Businesses |
| Bethesda, MD (Marketwire – April 23, 2010)–The Interface Financial Group (IFG), North America’s largest alternative funding source for small businesses, announced that the company’s alternative financing solutions including invoice factoring can assist small businesses who are facing the new health care reform law costs. The complete health care reform law will not be fully implemented until the year 2018. While many small business owners will feel the impact almost immediately, some self-employed people and small employers won't see any effects for a few years. | |
| 04/01/2010: | The Interface Financial Group Opens Office in New Zealand |
| BETHESDA, MD--(Marketwire - April 1, 2010) - IFG Network LLC, the operational company of The Interface Financial Group (IFG), has launched operations in New Zealand through its new subsidiary IFG Network New Zealand to facilitate and expand business in that market. IFG is North America's largest alternative funding source for small business, providing short-term financial resources including factoring. | |
| 03/19/2010: | The Interface Financial Group (IFG) Encourages Small Businesses to Employ Invoice Factoring for Health Care Reform Costs |
| BETHESDA, MD--(Marketwire - March 19, 2010) - The Interface Financial Group (IFG), North America's largest alternative funding source for small businesses, announced that the company's alternative financing solutions including invoice factoring can assist small businesses who are facing the impending costs surrounding the health care reform bill. | |
| 02/19/2010: | Greater Phoenix SCORE Event Educates Businesses About IFG Alternative Financing Solutions |
| BETHESDA, MD--(Marketwire - February 19, 2010) - The Interface Financial Group (IFG), North America's largest alternative funding source for small businesses, announced Phyllis Rector, principal at IFG, spoke about IFG's working capital and alternative funding solutions including invoice factorng for business at a special Greater Phoenix SCORE event Thursday, February 18, 2010 at the Scottsdale Arizona Doubletree Paradise Valley Resort. | |
| 01/26/2010: | Accounts Receivable Factoring Can Relieve 51 Percent of U.S. Small Businesses With Cash Flow Issues |
| BETHESDA, MD--(Marketwire - January 22, 2010) - The Interface Financial Group (IFG), North America's largest alternative funding source for small businesses, announced it is stepping up marketing activities offering accounts receivable factoring as an alternative form of financing to the reported 51 percent of small businesses that have experienced cash flow issues in the last 90 days. According to the December Discover Small Business Watch report, the remaining 45 percent of the 700 small business owners surveyed have not experienced cash flow issues, leaving 4 percent who are not sure. In the wake of banks' cuts in small business lending, small businesses are seeking alternative means of funding to ensure success in 2010. | |
| 01/06/2010: | Eight Reasons for a Business to Consider Invoice Factoring in 2010 Credit Restricted Economy |
| BETHESDA, MD--(Marketwire - January 6, 2010) - The Interface Financial Group (IFG), North America's largest alternative funding source for small businesses, announced the eight primary reasons why small to medium-sized businesses should consider invoice factoring, otherwise known as accounts receivable factoring, as an alternative form of financing available in 2010. IFG offers short-term financial resources including accounts receivable factoring to companies in the United States, Canada, Australia, New Zealand, and Singapore. | |
| 12/15/2009: | IFG Network LLC, the Operational Company of The Interface Financial Group (IFG), Launches IFG Network Australia |
| –IFG looks to boost business opportunities through syndication network in Australia and New Zealand– Bethesda, MD (Marketwire – December 15, 2009)–IFG Network LLC, the operational company of The Interface Financial Group (IFG), has launched operation in Australia through its new subsidiary IFG Network Australia Pty Ltd. in Sydney. IFG is North America’s largest alternative funding source for small business, providing short-term financial resources including invoice factoring. | |
| 11/18/2009: | The Interface Financial Group Offers to Support Small Businesses Based on Third Quarter 2009 SBA Small Business Indicators Report |
| BETHESDA, MD--(Marketwire - November 18, 2009) - The Interface Financial Group (IFG), North America's largest alternative funding source for small businesses, announced that the company offers support to small businesses that are still suffering losses prior to economic recovery. IFG provides short-term financial resources including single invoice factoring to companies in the United States, Canada, Australia, New Zealand, and Singapore. | |
| 11/03/2009: | The Interface Financial Group Offers Aid to Small Businesses |
| Bethesda, MD (Marketwire – November 3, 2009)–The Interface Financial Group (IFG), North America’s largest alternative funding source for small businesses, announced that the company stands ready to aid businesses who experience loss of funding due to the CIT Group, Inc. (CIT) reorganization. CIT provides business loans, financial services and financing solutions worldwide and is one of the largest sources for providing working capital to small business and medium-sized businesses in the United States. The company announced a prepackaged plan of reorganization on November 1, 2009 to restructure the Company’s debt and streamline its capital structure. IFG provides short-term financial resources including single invoice factoring to companies in the United States, Canada, Australia, New Zealand, and Singapore. | |
| 10/22/2009: | While the Administration Plans to Remedy Regional Bank Loans Factoring Solutions Continue to Save Small Businesses |
| –Even a fast track plan may be too late to save some small businesses that have been critically damaged by the economy and credit constraints, yet IFG Reports other small businesses have managed to survive using factoring solutions– Bethesda, MD (MarketWire – October 22, 2009)–The Interface Financial Group (IFG), North America’s largest alternative funding source for small business, today commented on the news regarding the Obama administration’s plan to assist small businesses in applying for loans, as well as U.S. House of Representatives legislation toward increasing the ceiling on federal government loan programs. IFG provides short-term financial resources including invoice factoring to companies in the United States, Canada, Australia, and New Zealand, and offers cross-border transaction facilities between the U.S. and Canada. | |
| 10/12/2009: | The Interface Financial Group Opens Office in Singapore |
| Bethesda, MD (PRWeb – October 12, 2009)–The Interface Financial Group (IFG), North America’s largest alternative funding source for small business, today announced its new office in Singapore were the company will gain entry to the fast-growing Asian markets. IFG provides short-term financial resources including single invoice factoring to companies in the United States, Canada, Australia, New Zealand, and now Asia. | |
| 09/22/2009: | The Interface Financial Group's New Funding Solutions Help Small Businesses Leverage Assets |
| BETHESDA, MD--(Marketwire - September 22, 2009) - The Interface Financial Group (IFG), North America's largest alternative funding source for small business, today announced three new private label products including: 1) Export Factoring, 2) P.O. Funding, and 3) Inventory Financing, to support the growing demand from businesses. | |
| 09/11/2009: | Invoice Factoring: Helping Small Businesses Leverage Health Care Costs |
| BETHESDA, MD--(Marketwire - September 11, 2009) - The Interface Financial Group (IFG), North America's largest alternative funding source for small business, suggests that until the nation's health care reform has been resolved, small business owners look to accounts receivable factoring. Small businesses are the engine of the economy, creating at least seventy percent of all new jobs, In the United States small businesses employ more than half of all private sector employees, pay 44 percent of total U.S. private payroll and have generated 64 percent of net new jobs over the past 15 years. | |
| 08/21/2009: | Invoice Factoring Can Aid Start Up Businesses in the U.S. |
| Bethesda, MD (PRWeb – August 21, 2009)–The Interface Financial Group (IFG), North America’s largest alternative funding source for small business, announced a new report available on the U.S. Small Business Association Web site entitled the Kauffman Firm Survey (KFS), providing insight into better understanding American business startups and their dynamics. Because the U.S. economy relies upon sustainable economic growth for long-term prosperity, the Kauffman Firm Survey (KFS) is a panel study created using a stratified random sample of all startups in 2004 from the Dun & Bradstreet database with follow-up surveys on these firms for 2005 and 2006. | |
| 08/15/2009: | Invoice Factoring Can Convert Payments on Terms to Cash |
| Bethesda, MD (PRWeb – August 15, 2009)–The Interface Financial Group (IFG), North America’s largest alternative funding source for small business believes that small businesses could avoid bankruptcy by using invoice factoring to stay afloat by converting payments on terms to cash on delivery. | |
| 07/23/2009: | Accounts Receivable Factoring for Small Businesses Can Help Convert Payments on Terms to Cash on Delivery to Help Pay for Health Care Costs |
| Bethesda, MD (PRWeb – July 23, 2009)–The Interface Financial Group (IFG), North America’s largest alternative funding source for small business, reports that accounts receivable factoring for small business can convert payments on terms to cash on delivery, aiding small businesses in their effort to pay for health care costs for employees. New research was released by the U.S. Public Interest Group (USPIRG), revealing that 17 percent of small businesses currently do not offer health coverage due to the red tape and high costs. Successful health reform could yield some serious benefits for small businesses in the United States. | |
| 07/03/2009: | Accounts Receivable Factoring is Bailout Option for Many Small Businesses in the U.S. |
| Bethesda, MD (Marketwire – July 3, 2009)–The Interface Financial Group (IFG), North America’s largest alternative funding source for small business, reports that accounts receivable factoring can aid small businesses with the current economic downturn, becoming their own bail-out plan. IFG’s factoring services can help turn a small business’s accounts receivables into cash. | |
| 06/19/2009: | The Interface Financial Group plus the American Recovery Capital (ARC) Program Aids Small Businesses in America |
| Small businesses can use invoice factoring in conjunction with the new American Recovery Capital (ARC) program loan to pay down debt in order to recover from the current recession. | |
| 05/29/2009: | The Interface Financial Group Offers Ailing Construction Industry Assistance via Construction Factoring |
| BETHESDA, MD--(Marketwire - May 29, 2009) - The Interface Financial Group (IFG), North America's largest alternative funding source for small business, offers construction factoring services so that builders and contractors can weather the economic storm during the declining home construction. One of the latest financial trends is an increase in factoring, which is providing contractors with the ability to have cash flow to pay suppliers and to meet payroll. | |
| 05/13/2009: | Single Invoice Factoring Provides Cash Flow for Small Businesses |
| Bethesda, MD (Marketwire – May 13, 2009)–The Interface Financial Group (IFG), North America’s largest alternative funding source for small business, reports instances where invoice factoring, when a business sells its accounts receivable invoices at a discount, has helped a company stay in business in the midst of the current global economic downturn. | |
| 04/02/2009: | The Interface Financial Group Holds Annual Conference Focusing on Single Invoice Factoring |
| Bethesda, MD (Marketwire – April 2, 2009)–The Interface Financial Group (IFG), North America’s largest alternative funding source for small business, announced that its annual conference, focusing on the economic projections affecting the invoice factoring business, was held on March 26 and 27 in Las Vegas, Nevada. Offices from the USA, Canada, New Zealand and Australia were represented. Invoice factoring is when a business sells its accounts receivable invoices at a discount. | |
| 01/14/2009: | The Interface Financial Group Says Accounts Receivable Factoring for Construction Industry is up 40 Percent |
| Bethesda, MD (Marketwire – January 14, 2009)–The Interface Financial Group (IFG), North America’s largest alternative funding source for small business, says that its factoring business in the construction sector was up by 40 percent in the fourth quarter of 2008. The recent tightening of credit markets has been especially hard on the construction industry. Along with industry trends such as sustainable building, there are changes in building code standards that are affecting the industry. Invoice factoring is one of the hottest trends in 2009, allowing small businesses to obtain funds based on current accounts receivables. | |
| 12/12/2008: | The Interface Financial Group Announces Small Businesses Can Avoid Cash Flow Crunch during the Holidays via Factoring |
| Christmas is one of the most difficult times for businesses when it comes to cash flow because of extra expenses such as marketing, extra stock and shipping, plus the holiday season also sees a rise in overtime, vacation leave payments and labor bills for staffing up. With no obligations, invoice factoring is not a loan so there are no upfront fees, no co-signers required, and no accounts to open, so small businesses can benefit by receiving working capital during the holidays. | |
| 11/25/2008: | The Interface Financial Group Offers Ship Today and Get Paid Tomorrow Service to Small Businesses during Economic Downturn |
| Bethesda, MD (Marketwire - November 24, 2008)–The Interface Financial Group (IFG), North America’s largest alternative funding source for small business, today announced its Ship Today Get Paid Tomorrow service to help small businesses during the present economic downturn. As traditional banking facilities are finding it more difficult to provide working capital to their small business customers, The Interface Financial Group (IFG) offers solutions that will assist them. | |
| 10/27/2008: | Bay View Funding and The Interface Financial Group Enter into Strategic Alliance |
| Bethesda, MD (October 27, 2008)–The Interface Financial Group (IFG), North America's largest alternative funding source for small business, today announced that the company has entered into a strategic alliance with Bay View Funding to provide invoice factoring services to small and medium-sized commercial businesses across the United States. | |
| 09/16/2008: | The Interface Financial Group Raises Equity Growth Capital to Expand Business |
| Bethesda, MD (September 26, 2008)–The Interface Financial Group (IFG), North America's largest alternative funding source for small business, today announced that IFG Network LLC, the operational division of The Interface Financial Group, has raised growth equity capital from Presidio Investors, a private equity firm based in San Francisco, California. Capital raised from the transaction will be used to expand the company’s business in the US, Canada, and other international markets. | |
| 01/24/2008: | The Interface Financial Group Provides Working Capital during Credit Crunch |
| Bethesda, MD (January 24, 2008)–The Interface Financial Group (IFG), North America's largest alternative funding source for small business, today announced its working capital assistance service to help small businesses during the present tight credit situation. As traditional banking facilities are finding it more difficult to provide working capital to their small business customers, The Interface Financial Group (IFG) is finding more opportunities to say yes. | |
| 12/12/2007: | The Interface Financial Group Facilitates Small Business Funding |
| Bethesda, MD (December 12, 2007)–The Interface Financial Group (IFG), North America's largest alternative funding source for small business, today announced that the company has established additional funding facilities to support the growing demand from small businesses. This confirms the company's commitment to support the working capital needs of their small business clients in the face of tighter credit constraints at mainstream banks. IFG provides short-term financial resources including single invoice factoring (spot factoring). |
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