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Home Furnishings Factoring

A report in Home Furnishings Business indicates that furniture manufacturers are the latest business segment gain access to industry specific receivables factoring opportunities. The publication announced that Eagle Capital has designed an invoice factoring program that will allow furniture manufacturers to receive advanced payment on invoices issued for processed orders. Typically these invoices would not […]

IFG Ranks Pekao Faktoring #1 in Region

At the recent annual meeting of the International Factors Group (IFG), the Polish company Pekao Faktoring was named as the #1 factoring company in the region. The IFG meeting was held in St. Petersburg (Russia, that is) in October. Of course, the company was thrilled with their recognition and the president,  Mirosław Jakowiecki, declared, “I am […]

Receivables Factoring Goes Mainstream in Madison, SD

In yet one more step towards gaining full acceptance as a valid and viable method of financing, the practice of receivables factoring was fully embraced by a bank in South Dakota this week. First Bank & Trust, of Madison, SD, has launched FirstLine Funding Group, a freight factoring entity which will operate as a division of […]