Archives for: February 2009

The History of the U.S. Economy

February 27th, 2009
the United States economy can be divided into two periods: the time immediately after World War II, and the past three decades when worldwide economic forces and government policies caused it to soar. Today, President Obama appears tyo be setting out to begin a third period.Therefore for small businesses that are trying to make ends meet during this slow growth perdio, one way to remain solvent is to consider putting accounts receivable factoring in place. more »

Paying Bills on Time

February 26th, 2009
If you have been getting "late payments" or "missed payments" notices and charges on your business credit card accounts lately, then it may be time to listen up and make some changes. As an entrepreneur, it is often difficult because you never know when and if people will pay your invoices on time. You probably have little money in the bank and you are not likely to get a loan, especially in today's economic climate. How do you avoid this problem? Get organized and choose a strategy below, then stick to it. Then if people are not paying you on time, and you need some cash, think about receivables factoring. more »

Small California Businesses Suffer from State's Financial Woes

February 25th, 2009
In an LA Times article written by Cyndia Zwahlen entitled, "Small Businesses Finding Solutions amid Recession," it is noted that many California small business owners, who have not yet benefited from the $700-billion bailout launched duirng the fall of 2008, are also now facing fallout from the state's budget crisis, including delayed payments owed to thousands of businesses.Single invoice factoring is an extremely fast way to turn receivables into cash. Rather than waiting 30, 60, or 90 days for invoices to be paid, IFG looks at your customers' credit (not yours) in order to pay you the majority of what is owed. And it can happen in as little as 24 hours. more »

The History of Factoring

February 24th, 2009
Historically factoring has been around for more than 4000 years -- since the beginning of commerce and trade. Invoice factoring is also one of the most misunderstood financial tools available to small businesses today. But in the United States, factoring is becomming a popular method of financing to improve the cash flow of a business. more »

Small California Businesses Suffer from State's Financial Woes

February 23rd, 2009
In an LA Times article written by Cyndia Zwahlen entitled, "Small Businesses Finding Solutions amid Recession," it is noted that many California small business owners, who have not yet benefited from the $700-billion bailout launched duirng the fall of 2008, are also now facing fallout from the state's budget crisis, including delayed payments owed to thousands of businesses.Single invoice factoring is an extremely fast way to turn receivables into cash. Rather than waiting 30, 60, or 90 days for invoices to be paid, IFG looks at your customers' credit (not yours) in order to pay you the majority of what is owed. And it can happen in as little as 24 hours. more »