Tag Archives: factoring companies

The Interface Financial Group Offers Spot Factoring Services in Support of Economic Recovery Among SMEs

BETHESDA, MD–(Marketwire – May 18, 2012) – According to the Interface Financial Group (IFG), North America’s largest alternative funding source for small businesses, the company’s spot factoring services is an innovative cash flow solution for small to medium-sized enterprise (SMEs) to continue funding their businesses. As the sector continues to recover economically, factoring is the funding choice for many small businesses seeking growth and expansion financing during these economic times. “Business is slower than anticipated among the small business sector, even though many sectors are … Continue reading

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The Interface Financial Group Celebrates 40 Years of Factoring Services

he Interface Financial Group (IFG), North America’s largest alternative funding source for small businesses, announced that the company celebrated 40 years of business at their 10th Annual International Conference in San Francisco, California during the week of April 25 – 29, 2112. The conference included IFG representatives from seven countries including Canada, the United States, Australia, New Zealand, United Kingdom, Ireland and Singapore, who discussed the company’s accounts receivable factoring services and the latest industry trends.

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The Interface Financial Group’s Construction Factoring Services Aids Slow Industry

According to The Interface Financial Group (IFG), reports that The Ulster Bank Construction Purchasing Managers’ index shows the March construction sector in declining activity levels. The rate of decline in construction activity slowed over the month of March, while new business was broadly unchanged. Cost inflation accelerated markedly last month, mainly due to higher fuel prices. IFG believes that this news reinforces the need for small businesses to engage in construction factoring services to survive and grow. Continue reading

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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.
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NFIB Optimism Index at Highest Reading since February 2011

BETHESDA, MD–(Marketwire–March 13, 2011)–According to The Interface Financial Group (IFG), the National Federation of Independent Business (NFIB) reported today that United States small business confidence rose to a one year high in February. The latest optimism index increased to 94.3, from 93.9 in January. Continue reading

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Search for Financing via Invoice Factoring Services

Challenging times call for cash – and we have all heard that “cash is king” so the key to a successful business might just mean survival during the early stages of a small business. When a small business owner gos to the Small Business Association (SBA) there is so much information on how you can get funding by way of loans. However, what you will not find is how to use factoring companies for getting much needed cash. The SBA asks you many questions in … Continue reading

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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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Factoring Receivables Comes to the Rescue

There was a recent study by the Pepperdine University Private Markets Capital Projects which surveyed hundreds of privately held businesses as well as thousands of lenders and investors nationwide. This survey found that only 40 percent of businesses had access to the funds they needed to grow their business. Even though these businesses had solid growth plans, they were denied funding from traditional banks and lenders. Author John Paglia found that instead of the projected 10 percent revenue growth most of these businesses could expect, … Continue reading

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Construction Factoring Supports Recovery as Private Construction Accelerates

When factoring, a sub-contractor or construction firm can realize a very fast turnaround on accounts receivable due for completed stages of a construction project – even 24 hours. Unlike a loan factoring is the purchase of financial assets, or accounts receivables. There are no co-signers required or upfront fees. IFG has no minimum sales volume requirements, and professional fees are competitive.
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Factoring Aids Stagnant Economic Recovery

It is all about cash flow, and factoring is the one thing that can help SMEs with their cash flow today. What this means is that if you own a small business, you should forget about the recession, or the negative predictions or the bad unemployment numbers. Simply instead, take a long hard look at your outstanding invoices. This could very well be a treasure chest of potential. And this is one way to survive gracefully. Continue reading

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