Tag Archives: invoice factoring

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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Interface Financial Group Offers Invoice Factoring for SMEs Reluctant to Hire Staff

BETHESDA, MD–(Marketwire – Nov 9, 2011) – According to The Interface Financial Group (IFG), invoice factoring is ideal for SMEs who need to hire employees — whether for seasonal rushes, new clients, or staff that is out on sick or maternity leave. This is why some business owners are turning to factoring as a means of creating immediate cash flow. The latest small business optimism index shows that many U.S. small business owners are reluctant to hire more employees in the near future because of the last quarter’s slow sales as well as uncertainty about the economy. Twenty-six percent of SMEs surveyed said poor sales is their main concern. (Source: National Federation of Independent Business (NFIB) membership of 2,077 small businesses surveyed.)
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Earnings Season: Banks Brace for Declining Growth

Banks are just about ready to start reporting their earnings this week, and with revenue expected to fall 4 percent in the third quarter. According to data from experts, Trepp, the industry’s earnings are expected to be at the place they were at in 2002. Small businesses have not been happy with traditional banks over the last few years, due to lack of support and few loans. In fact, this alone has helped drive businesses to alternative financial solutions such as invoice factoring. Continue reading

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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

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How the Credit Crisis Affects Borrowing for Small Businesses

Small business owners with unproven ventures, bad credit, or even businesses that are tied to a troubled industry such as housing have had a hard time getting credit. These days, most banks are even shy about lending to a healthy business. The bottom line is that the business lending climate is still not positive.On the other hand it is a good reason for small businesses to know and understand the principals of factoring. Continue reading

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Lack of Cash Flow Leading to Increased Small Business Failure

Sydney, NSW – (PRWire – 29 August 2011) -The Interface Financial Group (IFG), a growing source of alternative funding for Australian small and medium enterprises (SMEs), announced that the company offers support to SMEs that are faced with cash flow challenges caused by the difficult economic environment. IFG provides short-term financial resources including invoice discounting to companies in Australia, New Zealand, the UK, Ireland, the United States, Canada, and Singapore. Continue reading

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Due Diligence, Fees and Invoice Factoring

Accounts receivable factoring enables the conversion of credit terms for immediate cash.and with the latest economic situaiton, it is becoming the preferred financial tool for obtaining working capital. A factor will work with most SMEs as long as they have customers that are doing business on credit. Continue reading

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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

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The Interface Financial Group Notes Factoring Fills Gap for Small Business Woes

BETHESDA, MD–(Marketwire–August 17, 2011) – According to the National Federation of Independent Business (NFIB) most recent survey, hiring and the mood among small business owners continued on a downward spiral. The NFIB’s index, which measures small business optimism, dipped for the fourth consecutive month in a row in June. The process for invoice factoring is much easier than getting a loan. There are no accounts to open, no upfront fees, and there are no minimums or maximums, co-signers or long term commitments required. Continue reading

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