Invoice Factoring Blog

Getting lazy or complacent in your business is not healthy, especially in today's competative, stressed economic environment. The problem is that when you become complacent you probably will not notice the damage until it's too late. Top-performing business entrepreneurs aren't afraid to take chances and keep expanding their business. Accounts receivables factoring is an ideal tool for this job, because it is rare that a company has enough cash on hand to implement a facelift, especially during today's challenging economic times. more »

Research has proven over and over again that successful entrepreneurs know when to trust their gut. And if you need the funds to develop a product that you know in your gut is the right product for your customers, that's when invoice factoring comes in handy. We all know that a business must have cash on hand in order to grow. Well if you need cash, and have outstanding invoices, then you can simply contact a factoring company like IFG and you could get the cash needed to begin development on that new product in as little as 24 to 48 hours. more »

When it comes to keeping track of your company’s finances, research shows that a great number of business owners neglect their books. They neglect to track income and expenses by letting business receipts pile up, or worse, they lose the receipts altogether. They also fail to enter their expense data into a bookkeeping system. Or maybe they are keeping their income and expense records up to date, but they fail to use the numbers to answer questions about their business's financial condition. This scenario is more common among owners of small to medium-size businesses. The reality is that by simply keeping up with the basics, or possibly employing accounts receivable factoring, you can help prevent a true financial disaster, especially given today’s economic conditions. more »

U.S. small business confidence levels fell in July to the lowest level in four months, according to the Natrional Federation of Independent Business's (NFIB) optimism index for July. Today’s report is showing that small businesses are planning to trim investment and are less optimistic about expansiotn at this time.U.S. small business confidence levels fell in July to the lowest level in four months, according to the Natrional Federation of Independent Business's (NFIB) optimism index for July. Today’s report is showing that small businesses are planning to trim investment and are less optimistic about expansiotn at this time. more »

Today's banking environment has created a plus for the concept of small business factoring, mainly because it is a cost effective solution to obtain necessary working capital for them to sustain and grow. When a business owner gets cash from factoring invoices it can be used as a short term working capital funding source. There are many reasons why a businesses should consider factoring, also known as accounts receivable factoring, but primarily if they are in a business where they experience a slow accounts receivable cycle -- 60 or 90 days - or if the business is recovering from some unforeseen circumstance such as a loss due to a natural disaster. more »