Tag Archives: factoring business

Asking the Right Factoring Questions

Everybody has an opinion as to how factoring works and the best method to fund deals. Many of the articles I’ve written in the past try to assist the broker and factor from both the sales and operational side of … Continue reading

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Best of How to Start a Factoring Business

Over the past few years I’ve written several articles about starting your own factoring business. Much of the information referred to resources, capital, due diligence and general topics related to the asset based lending industry. To this day I am … Continue reading

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Friction In The Factoring Industry

Have you ever heard the old saying, “Be careful what you wish for or you might just get it”? It usually refers to the downside of a casually expressed desire. This phrase definitely holds true for anyone who has funded … Continue reading

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Marketing Your Factoring Business? Avoid The Crush

If you are a regular member of a gym of fitness club as they refer to it today, I always find January to be the most interesting month of the year to be a member. At the beginning of every … Continue reading

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Routines Aren’t Always Good for Factoring

In the factoring business routines are common, but are they always positive? Avoid complacency. Learn 3 key invoice factoring strategies to implement post funding. Whether at work or in our personal lives routines seem a part of our daily existence. … Continue reading

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Understanding the Factoring Business

With so much information readily available at our fingertips it is really easy to take shortcuts when trying to learn about the factoring industry. Although the factoring business model is very straightforward, you still need to understand basics before you … Continue reading

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Listen and Learn — Insights to The Factoring Industry

After reading the title to this piece one would think that I have some great pearls of wisdom to dispense on one of the many facets about the factoring industry. Sorry, this isn’t going to be a tutorial on marketing … Continue reading

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A Call to Factoring Brokers — What’s Up?

In the past I’ve written about the pivotal role a factoring broker can play in the cash flow industry. In my November 2011 piece titled, “A How to Guide For Factoring Brokers”, we received an overwhelming response from interested people … Continue reading

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Focus and Keep It Simple in the Factoring Business

As much as I hate to admit it, I was never a fan of multi-tasking. Not in the factoring business or any industry. Unfortunately, in today’s texting, video conferencing, blogging and emailing business world you sometimes have no choice. Do … Continue reading

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The Factoring Business Notice of Assignment — Never Fund Without It

Real life scenario explains why factoring companies require a Notice of Assignment to fund business invoices. A few years ago we had a factoring business prospect referred to us from a broker that was affiliated with our company. The prospect … Continue reading

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