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What is a “Boomerang Client” for a finance company, and is it a good thing? We often hear about “boomerang kids” – children who graduate from college and move back home with their parents for a variety of reasons, instead of finding their own apartment. A kid boomeranging home on an open-ended basis is usually …

CEOs of small but growing businesses can often solve their working capital challenges by entering into a factoring relationship, where they sell their accounts receivables to a factor.  Factoring is usually quicker and more readily available and flexible than small business lending. However, there are a lot of misconceptions and myths about factoring in the …

  I just returned from a trip to Texas that made me feel really good about what we do – helping businesses grow and creating good jobs that help families and communities, through a genuine public-private partnership. An existing client of ours, a manufacturer of aviation fuel systems, was approached by the economic development board …

Our purpose and challenge is to help smaller businesses responsibly grow by helping them manage their working capital needs and providing accounting and general business advice. Every company and industry is different, but one of our clients, a signage designer and manufacturer for major construction projects (“Signage Company”), encompasses a number of the qualities and …

Many firms face challenges when planning for growth. Researching finance opportunities that leverage invoicing and credit can help provide higher return on investment and free up valuable time. At some point, nearly every business finds themselves in a position with limited funds on hand. This situation can be difficult when facing unanticipated expenses and liabilities. …

Accounts receivable issues can be difficult for many companies to bear, especially smaller firms and startups.  In these trying financial times, chasing invoices can quickly become the full-time job for many business owners. When times are tough, payments can dry up, leaving your company without the vital lifeblood it needs to grow and thrive. Invoice …

We have all been told year-in-year about making New Year’s Resolutions. Giving up smoking, losing weight, eating your vegetables…all good stuff! But what about making some New Year’s Resolutions to better your business? Resolutions, if carefully thought over and properly planned, can be a powerful tool to boost your business in 2014. Let’s have a …

We would like to share a case study that showcases Plus Funding’s ability to help companies succeed and thrive from our factoring services. Plus Funding Group assisted a company that imports high-end women’s shoes. When PFG began working with this company a year ago, they were making about $200,000 a season with $800,000 annually. The …

A customer approaches you about placing a big purchase order. It’s the break you’ve been waiting for; but, it creates a major dilemma because the customer pays 30 days after the delivery of the product. It will be a while before you actually receive payment, yet you need the money now to pay for supplies, …

While making smart decisions when it comes to your finances should be practiced year round, it’s also never too late to start. With only a few months left to the end of the year, now is the time to get your financial house in order and make sure your financial future is bright. Here are …