Invoice Factoring Blog

There is one small business strategy that a number of small business owners have started to employ - and that's invoice factoring. Factoring aids small businesses as they need funds more »

Let's say you live on the East coast where the recent storms and snow fall caused your heating bill to go up drastically. What if you simply cannot pay the bill? Here is where accounts receivable factoring could save the day - just in time for Cristmas! You could use a factoring company like The Interface Financial Group (IFG) to purchase select invoices at a discount. It is a fast, easy, and affordable way to turn your receivables into cash. more »

Today Bank of America has pledged to increase lending to small- and medium-sized businesses. The amount designated over 2009's is at least $5 billion in 2010. This The pledge made by the bank's Chief Executive Officer Kenneth D. Lewis was made to President Obama at a White House meeting of key bankers. Bank of America is already in the process of delivering $1.5 trillion over 10 years to low- and moderate-income businesses and households.Many of these firms have been using a strategy known as invoice factoring to make ends meet and be able to make payroll, until the economy improves. more »

The NFIB monthly report released today indicates that small businesses aren't very optimistic about the economic climate.So once again as small businesses continue to experience pain, the age old tactic of factoring is still a good tactic top keep things moving until things get better. more »

Even though there are improvements within the financial industry, credit still remains tight for small businesses, said Fed Chairman Ben Bernanke in his economic outlook today. What all this means is that small businesses will need to continue to be creative when finding funding to grow or stay afloat into the new year of 2010. Invoice factoring is one such tactic. more »