Tag Archives: The Interface Financial Group

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

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The Interface Financial Group Offers Small Businesses Spot Factoring Solution as Tax Debt Remedy

The Interface Financial Group (IFG) is North America’s largest alternative funding source for small business, providing short-term financial resources, including invoice factoring services (invoice discounting). The company 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. With more than 140 offices across North America and over 39 years of experience, IFG provides innovative accounts receivable factoring services and solutions by offering short-term working capital to growing businesses. Single invoice factoring, or spot factoring, is an extremely fast way to turn receivables into cash.
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The Interface Financial Group Notes Construction Factoring to Benefit from Job Growth

BETHESDA, MD– (Sept. 24, 2012)–According to The Interface Financial Group (IFG), North America’s largest alternative funding source for small to medium-sized enterprises, construction factoring should benefit since construction employers added 1,000 jobs in August, according to of recent federal data released by the Associated General Contractors of America (AGC.) Continue reading

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Poll for Small Business Finance Strategies

The Interface Financial Group’s factoring services enable the many businesses do not get paid right away for delivered products/services, this negatively impacts cash flow, making it challenging for the business to produce new orders in a timely fashion. Accounts receivable factoring benefits businesses that do not get paid for 30, 60 or 90 days by advancing up to 90 percent of the invoice total. IFG looks at the creditworthiness of the client’s customers and can provide funding within as little as 24 hours. Continue reading

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Construction Spending for July is at 842.2 – 9.3 % Above Last Year

The Interface Financial Group (http://www.ifgnetwork.com) will post the August 2012 data expected to be released by October 1, 2012. Continue reading

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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

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The Interface Financial Group Notes 47 Percent of SMEs Surveyed Do Not Have Sufficient Capital

BETHESDA, MD–(Marketwire – Sep 6, 2012) – According to The Interface Financial Group (IFG), North America’s largest alternative funding source for small to medium-sized enterprises, a study by the New York Stock Exchange (NYSE) reports U.S. small to medium-sized Enterprise (SME) business loans tallying $1 million or less declined five percent in 2011, while small business loan dollars declined seven percent. According to the report many of the SMEs did not receive the funding needed to start up.
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Does Your Business Need Cash Fast?

Small to medium-sized enterprises (SMEs) in the United States are having a really hard time making ends meet because the U.S. economy slowed down drastically during Q1 and Q2 of 2012. The annual growth rate remained at 1.75 percent. What’s worse, the economy is supposed to continue to be weak during Q3 and Q4, 2012. The economy in this election year has just not recovered as fast as we would all like. So it appears as if now it is unlikely that the U.S. economy … Continue reading

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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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Get the Cash Your Business Needs Fast

So get the cash you need fast with the Interface Financial Group — because factoring is just one more other financial tool that helps small to medium-sized businesses every day. Continue reading

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