International Factoring Association

Link below to a recent International Factoring Association contribution of mine. It's essentially an #opensource guide to how to be successful in a business development role within the industry..... A rising tide raises all boats. My intent when writing the article is to help folks new to production have success more quickly and help more business owners achieve their goals. As well, it was also nostalgic to use the analogy of my favorite childhood video game (Sunset Riders) as a framework. Comments welcome. ONWARD and UPWARD!! https://lnkd.in/gs29nxqJ

Curious about asset-based lending and how it differs from factoring? Join us for a live webinar on September 18, 2024, at 11am PDT to explore the key concepts of ABL. Led by Vince Mancuso, Managing Director at Haversine Funding, this session will cover collateral types, due diligence, and the eligibility process in ABL structures. Perfect for those looking to expand their working capital financing knowledge. Save the date and register today! IFA Members and Ally Members can participate for FREE. https://lnkd.in/eW7qfNkH #Factoring #AssetBasedLending #CommercialFinance #IFAWebinar #ABL

Stay connected and informed by signing up for our newsletter and e-mag! These are your go-to resource for the latest news, insights, and trends in the factoring industry, tailored specifically for our Members. By subscribing, you'll gain access to valuable content that can help you navigate challenges and seize opportunities in your business. Plus, we encourage all Members and Ally Members to submit news and updates to our newsletter, ensuring that your voice is heard within the community. Make sure your colleagues are signed up too! Sign up: https://lnkd.in/eY24rD9i #InternationalFactoringAssociation #factoring

This week has been a whirlwind in Scottsdale, AZ at the 19th Annual Transportation Meeting! It's been a week full of networking, roundtable and expert discussions about the latest in transportation including challenges and trends, transportation specific compliance and regulatory issues, and more. From the TriumphPay welcome reception to the AtoB social to the exhibit hall and the general sessions, we couldn't have asked for a better time in Scottsdale! A heartfelt thank you to our sponsors, including TriumphPay, AtoB, Love's Financial Services, WinFactor, FirstLine Funding Group, TBS Factoring Service, LLC, NN6, LLC, Codix, and FactorGenie, for their support in making this event possible. Comment below with your favorite moment from the meeting! #InternationalFactoringAssociation #factoring

Check out today's e-mag article: "Challenges, Opportunities and Advice for a BDO in the Factoring Industry" by David Phillips, Senior Vice President at Advantage Business Capital. David shares his journey as a Business Development Officer (BDO), outlining five key levels of challenges and opportunities. He offers practical advice on building referral networks, navigating deal evaluations, and the importance of internal selling. Did you know that David was a guest on the NEXGEN's Fund Forward podcast? His two-part episode is a must listen! https://lnkd.in/e-iRVHJJ Click to read the full article: https://lnkd.in/dgwKT-Vv #InternationalFactoringAssociation #Factoring #BusinessDevelopment #FinancialServices

This week, the WinFactor team had the pleasure of attending the ?? 2024 IFA Transportation Meeting! We thoroughly enjoyed connecting with both our existing clients and future partners during the event. It was a fantastic opportunity to meet with so many incredible factors, and we're excited to continue fostering these relationships as we work together to drive the industry forward. Thank you to everyone who stopped by to chat with us—we look forward to building on the great conversations we had! International Factoring Association #Factoring #IndustryCollaboration #Software

Right after attending the ITFA Annual Meeting in Cyprus, I headed to the US for the IFA’s #Transportation #Factoring event in #Scottsdale. From witnessing an amazing sunset in Scottsdale to three days of engaging with new people and learning about the challenges and strategies in this niche sector, it was an enriching experience. #Fraud remains a significant concern, especially with advancements in technology and the use of #AI bots. As we move towards a world where technology controls #technology, it’s a crucial reminder to choose your technology partners wisely to tackle both current and future challenges. The sessions and group discussions were incredibly insightful, and I particularly enjoyed the training on #leadership through chaos. A big thank you to International Factoring Association for organizing such an amazing event. Billy Quinn, our Codix US MD, and I are excited to stay connected with the IFA community and to support them in meeting upcoming challenges more securely. We aim to help them differentiate themselves with more digital self-services, more efficient onboarding & identity checks and drive growth. See you soon, #IFA community! My next stop: Factoring Forum, Dusseldorf, Germany, organised by FORUM ? Institut für Management GmbH #factoring #commercialfinance #abl #scf #receivablesfinance #assetbasedlending #digitalisation

Factoring can be a game-changer for businesses looking to improve cash flow by selling receivables for immediate funds. To maximize the benefits of factoring, it’s crucial to follow practical accounting practices. There are five essential strategies to help you effectively manage finances while leveraging the benefits of factoring. Whether you're new to factoring or looking to optimize your current processes, this guide is here to help you maintain accurate records and ensure smooth operations. Check it out! #InternationalFactoringAssociation #factoring #factoring101

Our 19th Annual Transportation Meeting officially kicked off last night with a fantastic TriumphPay Welcome Reception! #factoring #InternationalFactoringAssociation #TransportationFactoring

The morning sessions were very informative. Let’s just say awesome! Looking forward to the rest of the meeting. #ifa #transportationmeeting