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Trends in 2010: Use it As You Need it Funding
December 22nd, 2009Better known as single invoice factoring, or sometimes 'spot factoring," this business funding technique has been highly successful for a number of small to medium-sized businesses during the last year's recession. more »
IFG Hopes to Obtain CIT Customers for Invoice Factoring Services
November 4th, 2009On November 1, the CIT Group, Inc. announced a prepackaged reorganization, which will leave many of their CIT is a provideer of business loans, financial services and financing solutions worldwide - and in fact, one of the largest sources for providing working capital to small business. The company is also one of the largest factoring companies. more »
Tax Liens and Factoring
October 19th, 2009Many states allow people to check for tax liens on the Secretary of State's web site, and it is free. This is a great tool for factoring companies. Checking for tax liens on new factoring clients is an important area, and if you find a tax lien, then yiou could address the issue with your client, telling them that you can't factor any new invoices until they pay their lien. more »
Small Business Confidence in Canada is Up
October 7th, 2009According to The Business Barometer index of the Canadian Federation of Independent Business, Canada's small business confidence rose again last month to the highest level since the first quarter of 2007. Many small businesses have survived thanks to invoice factoring, a strategy which has been used for centuries. more »