Tag Archives: factor

U.S. Small Businesses Get Cash Infusions from Factoring Companies in 2013

Today’s factoring industry is going through resurgence. In the old days people thought that using a factor was a last ditch effort to find funds. But today there is an entirely new discipline of factoring companies serving SMEs on a regular business to keep their cash flow moving. This can be the bridge financing tool for companies who cannot get a traditional bank loan.
Continue reading

Posted in News | Tagged , , , | Leave a comment

U.S. Construction Spend at $837.1 Billion Rate (Annual)

According to a report for August from The U.S. Census Bureau of the Department of Commerce construction spending during August 2012 was estimated at $837.1 billion, seasonally adjusted annual rate. This figure is 6.5 percent above the August 2011 estimate of $786.3 billion.

These numbers are somewhat relevant to The Interface Financial Group because of limits on construction factoring services. Continue reading

Posted in construction factoring, News | Tagged , , , , , , , | Leave a comment

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

Posted in Press Releases | Tagged , , , , , , , , | Leave a comment

IFG Network: Factor for Small Business

Plus, there comes a time in every small to medium-sized business where something breaks, and it usually happens during your biggest job and under a very tight deadline. So where will you turn when you need $10 thousand dollars to buy a new piece of equipment. You know you need it or you could risk losing a job that is worth thousands more? You turn to your accountant and ask: “Do we have money coming in? When is it due? How long can we wait?” The answer is always the same – you can’t wait. Some of those invoices may not be paid for 60 to 90 days, but if you don’t finish the job on time, you might lose your biggest job and also ruin your reputation. The good news is that this is a challenge that can be solved by factoring.
Continue reading

Posted in News | Tagged , , , , , , , | 1 Comment

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.

Continue reading

Posted in Press Releases | Tagged , , , , , , , , | Leave a comment

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

Posted in Press Releases | Tagged , , , , , , , , , , , | 1 Comment

Latest Stats on Construction Factoring

Contractors, sub-contractors, or construction companies from within this sector benefit from factoring more than many other business sectors. Continue reading

Posted in News | Tagged , , , , , , , , | Leave a comment

Loan Versus Factoring Company Checklist

The long process of applying for a bank loan can be intimidating, so it’s helpful to know the facts that influence a lender’s decision. Exactly how does a bank or lending institution assess a small business loan application? The answer depends on the type of funding being sought and the assets provided as collateral.
Continue reading

Posted in News | Tagged , , , , , , | Leave a comment

Factoring News – March

 Factoring News Financial Trends for Business Accounts Receivable Factoring to Assist Business with Cash Flow in 2011 As 2010 ends, one study finds that many small businesses don’t have enough cash to survive another economic downturn, a study by While this study did not include the US, other surveys of US small businesses have indicated similar results. More than 1,750 small and medium sized enterprises (SMEs) were surveyed in Canada, China, Italy, Singapore, South Africa, and the United Kingdom. About 30 percent of the … Continue reading

Posted in Newsletters | Tagged , , , , , , , , | Leave a comment

Factoring Helps SMEs Pay Taxes

Cash flow issues are causing many companies to look for a flexible and tailored solution that will enable their business will grow.
No matter what situation you’re in, whether you’re new to invoice actoring or not, factoring is more than likely your best suited option. Continue reading

Posted in factoring companies, News | Tagged , , , | Leave a comment