Tags: spot factoring

Best-of-Breed Survival Tip for Small Businesses

February 9th, 2010
Projections ahead for the year 2010 include the fact that businesses will be factoring accounts receivables - less for survival and more for stability and growth. more »

Estimated 20 Percent Growth in Chilean Banks' Factoring

November 16th, 2009
The factoring industry has long been considered a good barometer of the country’seconomy. Chilean banks’ factoring business forecast is estimated at about a 20 percent growth in 2010. This is due in part to an improving economy. more »

How Factoring Creates Cash Flow in Small Businesses

October 26th, 2009
If you are a small business owner, it is really important that you have a strategy in place to keep the cash flow flowing in your company. One tactic you can use is factoring invoices that are owed to you. What is factoring? It is pretty simple. Basically are taking an asset - your accounts receivables - and selling them to a third party, called a factoring company like The Interface Financial Group (IFG), who will give you money up front for these invoices. You can get the money you need to meet your obligations. This is cash flow... more »

The Difference: Bank Loans, Spot Factoring and Traditional Factoring

October 14th, 2009
Factoring funding is often provided by traditional old line factoring companies and includes accounts receivable financing, receivable funding and assets based lending approaches. IFG provides innovative spot invoice factoring solutions by offering short-term working capital to growing businesses who often find it difficult to attract conventional funding. By selling credit-worthy invoices for IFG to factor, businesses acquire additional funding for immediate working capital. more »

Business Crisis Plan Should Include Factoring

October 12th, 2009
LogMeIn polled 400 U.S.-based business professionals in the month of September onLinkedIn - checking those who own or work for companies with 10-5,000 employees. The main questions asked included: “Does your company have a business continuity plan in place for a possible flu outbreak?” This type of information is ripe for including an alternative funding plan in place, such as involice factoring. When there is a crisis - employees are not able to work - and invoices are not being paid on time for the same reasons at other companies worldwide, factoring for small business could help get you cash fast. more »