NFIB Survey: December Job Openings Level Offers Hope for US Economy – MarketWatch (press release)


NFIB Survey: December Job Openings Level Offers Hope for US Economy
MarketWatch (press release)
IFG's spot factoring solution enables an SME to sell its accounts receivable invoices to a third party at a discount in exchange for immediate cash within less than 24 hours." Slow sales are still challenging many small businesses.

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Friday, January 27th, 2012 Bill Factoring Comments Off

NFIB Survey: December Job Openings Level Offers Hope for U.S. Economy

BETHESDA, MD-- - According to the Interface Financial Group , factoring is an ideal alternative funding solution for small to medium-sized enterprises at this point in the United States' economic recovery. ...
Friday, January 27th, 2012 Bill Factoring Comments Off

Spend Matters Wire: EU to Regulate E-Invoicing Pricing and Network Operator … – Spend Matters


Spend Matters

Spend Matters Wire: EU to Regulate E-Invoicing Pricing and Network Operator ...
Spend Matters
Spend Matters, an online research journal covering the e-invoicing market, suggested ulterior motives might have factored into this decision. "The combination of the decline of the Euro relative to the dollar as well as the valuation advantage that US ...

Friday, January 27th, 2012 Bill Factoring Comments Off

IN RE WHITLEY – Leagle.com


IN RE WHITLEY
Leagle.com
James Edward Whitley (the "Debtor") was the sole shareholder and principal officer of South Wynd Financial, Inc., a corporation purportedly in the business of invoice funding and receivables financing ("factoring"). In reality, Debtor's factoring ...

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Friday, January 20th, 2012 Bill Factoring Comments Off

Late payments by ‘big boys’ continue to irk SMEs – SME Times


Late payments by 'big boys' continue to irk SMEs
SME Times
"We have introduced a credit policy and now most of our outstanding invoice are paid within 30 days or we put them on Stop Credit; if this does not work we do not give them credit in the future and make pay on delivery." says Michael Herrett. ...

Thursday, January 19th, 2012 Bill Factoring Comments Off

How to Finance Your Start-Up Without Tapping Home Equity – Wall Street Journal


Wall Street Journal

How to Finance Your Start-Up Without Tapping Home Equity
Wall Street Journal
Factors operate on a similar model, purchasing accounts receivables from a business in exchange for an advanced funding amount for each invoice. Interest on the loans can top 20%. Rohit Arora, chief executive of Biz2Credit, a small-business lending ...

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Wednesday, January 18th, 2012 Bill Factoring Comments Off

Bald Head Island homeowner sentenced in Ponzi scheme

A man from Greensboro will serve ten years in prison after being sentenced for his involvement in a Ponzi scheme that he ran to help pay off his home in Bald Head Island and other items.
Wednesday, January 18th, 2012 Bill Factoring Comments Off

Bald Head Island homeowner sentenced in Ponzi scheme – WECT-TV6


WFMY News 2

Bald Head Island homeowner sentenced in Ponzi scheme
WECT-TV6
According to the indictment, between 2006 and 2009, Whitley told people he was in the factoring business. A news release explains purchase order factoring is when suppliers have a business pay up front with cash on delivery while the buyers want to buy ...
Purchase Factoring Rep Sentenced in Fraud Case7thSpace Interactive (press release)

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Wednesday, January 18th, 2012 Bill Factoring Comments Off

Administration – A Supplier and Customer Perspective – Director of Finance online


Administration – A Supplier and Customer Perspective
Director of Finance online
If finance linked directly to cash flow is needed factoring or invoice discounting facilities can provide support in terms of raising finance against unpaid debts, sales ledger administration, credit control and assistance where debts are not paid due ...

Tuesday, January 17th, 2012 Bill Factoring Comments Off

The Euro Crisis and Supply Chain Finance – Finextra


The Euro Crisis and Supply Chain Finance
Finextra
Buyers use the portal to manage and approve invoices, and funders use it to add to and fine-tune their pool commitments and funding rates. Global Supply Chain Finance (GSCF- Europe) claims that distributor finance represents an attractive product for ...

Monday, January 16th, 2012 Bill Factoring Comments Off