SFNet Survey Finds Total Factoring Volume Fell 8% in 2018-2019 Period

According to a survey from the Secured Finance Network, the factoring industry saw only minor changes in the 2018-2019 time period, except for a significant increase in credit losses, most likely attributable to the competitive environment through 2019.

May 8, 2020 Factoring | Secured Finance Network Phil Neuffer

CCG Taps Sala to Run Factoring Acquisition, Transfac Capital

Commercial Credit tapped financial services veteran Steve Sala to head its new factoring acquisition, Transfac Capital.

September 7, 2017 accounts receivable finance | CCG | Commercial Credit | Factoring | Steven Sala | Transfac Capital ABF Journal

Just Like McDonald’s: Factoring Franchises Offer Benefits to Entrepeneurs

Franchising offers financial service entrepreneurs the same benefits that food outlets, hotels and car repair shops currently enjoy. For an upfront investment, the franchisee receives support from the franchisor, association with a trusted brand and expanded business opportunities. David Banfield explains how factors and invoice discounters now use franchises, rather than branches, to provide clients with a local presence.

February 7, 2017 David Banfield | Factoring | Interface Financial Group ABF Journal

Top 10 Asset-Based Finance News Stories of 2016

New ventures, Monroe Capital and the threat of exposure to the oil and gas industry were some of the most popular topics this year.

December 30, 2016 Antares Capital | Factoring | Monroe Capital | Sterling | Stonegate Capital | SunTrust Robinson Humphrey | wells fargo ABF Journal

Factoring 101: Growing a Business by Using Factoring

Factoring — selling invoices for cash to obtain working capital — can provide a business with much-needed liquidity to spur growth. Robinn Mikalic has spent 18 years in the factoring business. A passionate factoring advocate, she uses real life examples to illustrate how factoring works and how businesses can best use it to generate cash and promote growth.

July 20, 2016 Factoring | J D Factors | Robin Mikalic ABF Journal

Fintech Factoring: The World’s Oldest Method of Finance Goes Online

Before revolving credit, venture capital and equity investments, there was factoring. Today, the world’s oldest method of raising business capital has moved online. With the push of a button, companies can sell their accounts receivable and have funds in their accounts within hours. ABF Journal editor Nadine Bonner speaks with the owners of two fintech factoring companies and their clients to see how factoring has been revolutionized.

April 13, 2016 48 Factoring | BlueVine | Eyal Lifshitz | Factoring | George Bessenyei ABF Journal

Fintech Startup BlueVine Raises $40MM, SVB Provides New Debt

Online factor BlueVine closed $40 million in funding led by Menlo Ventures, with participation from Rakuten FinTech Fund, Lightspeed, 83North, Correlation Ventures and a new debt facility from Silicon Valley Bank.

January 21, 2016 BlueVine | Factoring | Menlo Ventures | Rakuten FinTech Fund | Silicon Valley Bank ABF Journal

BusinessCash Sees Q3 Boost in Biotech Supplier Factoring Deals

BusinessCash announced an increase in biotech supplier invoice factoring and purchase order financing deals in the 3rd quarter of 2015.

October 27, 2015 BusinessCash | Factoring Rita Garwood

CIT: Growth in Furniture Sector to Outpace U.S. Economy

In a Q&A, Mike Hudgens, Southeast regional manager of CIT Commercial Services discussed the U.S. furniture industry and why it’s expected to outpace the U.S. economy.

October 26, 2015 CIT | Commercial Services | Factoring Rita Garwood

DS-Concept Provides Export Factoring Facility to German Manufacturer

DS-Concept Factoring provided a $1 million export accounts receivable facility to a components manufacturer in Germany.

September 30, 2015 DS-Concept | Factoring Rita Garwood