Archives for: February 2010
NFIB Small Business Credit Report: Affects Construction Factoring
February 25th, 2010The NFIB Research Foundation, just released the new report "Small Business Credit in a Deep Recession." The bottom line to these findings show that although obtaining credit has become more difficult, declining sales and depressed real estate values lie at the base of credit problems. more »
Credit Market News Still Bleak
February 24th, 2010The news on the credit market remains bleak, according to a Wall Street Journal report ($) today, stating that bank lending in the U.S. saw its sharpest drop since 1942. Increasing bank lending is key to the Obama administration's goal to help small busi… more »
The Advantages of Fast Funding Via Factoring
February 23rd, 2010Also known as factoring accounts receivables, factoring begins with due diligence that usually takes one to two business days. Once completed the client is at liberty to offer invoices to the factor for purchase. Upon receipt of invoices, the factor checks the credit of the debtor named on the invoice and makes sure that the sale has been satisfactorily completed. Next the debtor is advised of the purchase by the factor and the client receives funding. more »
Credit Card Transparency and Factoring for Debt Resolution
February 22nd, 2010A new act called the CARD Act was signed into law last May 2009 is promising consumers more transparency about their credit card bills, but cardholders beware! it may erwquire invoice factoring to get out of debt once you are in too deep with credit cards. more »
Factoring: Alternative Funding Solutions for Businesses in Arizona
February 19th, 2010Many Arizona businesses are finding the IFG solutions including accounts receivable factoring, to be an excellent way to stabalize while getting back on their feet ferom the economic downturn. more »
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