Tag Archives: accounts receivabe financing

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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U.S. Commerce Department Says Housing Starts are Up 1.5 Percent

“Housing production is still far from normal, based on a healthy market,” said George Shapiro, IFG’s chairman and chief executive officer. “Alternative funding strategies like invoice factoring could help SMEs finance their continued business and grow as the economy continues to improve during 2012. IFG’s spot factoring solution enables an SME to sell their accounts receivable invoices to a third party at a discount in exchange for immediate cash within less than 24 hours.” Continue reading

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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.

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Invoice Factoring Enables Cash With No Debt

Does your business need cash immediately in order to survive? Or are you spending way too much time collecting from slow paying customers? If so, then it means there may not be much time left for you to actually build your business. Or you may be seeking an alternative financing solution for your small business if you are experiencing a long billing cycle, such as from 60 to 90 days. This can put a big strain on your cash flow. In fact you may have considered turning away new business due to slow cash flow. Invoice factoring is a flexible financial solution that can help your business be more competitive while improving its credit rating and cash flow. In fact, just think about what the costs are for NOT using factoring? Continue reading

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Factoring Services Support Online Small Business Growth

Most online businesses are inexpensive to start, but it is still important to husband your cash, or start-up funds,  as the business may take time before it is a profitable business. Factoring services can come in handy when starting any new business. You want to save enough cash to survive for about 120 days. The next thing to consider when starting a business online, is to only hire key employees if  you can’t run the company by yourself, and you can always hire a virtual … Continue reading

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Small Businesses Cover Insurance Costs by Invoice Factoring

A company may have outstanding invoices that could be leveraged to help pay for increased insurance costs. The business can contact a factoring company like IFG, and make arrangements to begin factoring invoices.
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Business and Financial Planning Using Invoice Factoring

Invoice factoring became a common business practice very early in the history of the United States of America. By definition this involves is the sale of a company’s receivables, otherwise known as its assets, or invoices, at a discount to a factoring company who pays the business a discounted amount off of the face value amount of these invoices. Continue reading

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Single Invoice Factoring Companies Help Businesses Get Back

Economic times put a crimp in many small businesses over the last two to three years. Factoring companies are much busier – because this is the latest new way for small business owners to stay ahead of the game. Continue reading

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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 … Continue reading

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The Many Terms for Factoring and Invoice Discounting

It is confusing to some people that there are so many terms for the financial strategy basically known as factoring — or accounts receivable factoring, and invoice factoring.  This is also known as and then there is also debt financing and invoice discounting. What IS the difference between factoring and invoice discounting  — which is also known as debtor financing? In  truth, these tactics are basically almost the same. Similarly, both are designed to improve your cash flow. While factoring is a sale of your receivables to the factoring company, you get the cash from the factoring company and … Continue reading

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