This practical, hands-on manual teaches everything you need to know about starting and running a small factoring business. With common sense directions and first-person experiences giving a "been there" flavor to each page, you’ll learn how factoring small receivables can be a lucrative, enjoyable business and an excellent tool for investing retirement or discretionary investment funds.
Fundamentals for Factors: How You Can Make Large Returns in Small Receivables, introduces the reader to the basic concepts of factoring. Fundamentals describes what factoring is, how it works, businesses which can benefit, the remarkable returns possible, risks involved, and how to minimize those risks. It helps the reader define the meaning of “success,” whether factoring is an appropriate move for his or her circumstances, and closes with a look at four small factors who enter the field from very diverse backgrounds, with quite different purposes.
In this ebook I open the door to my office, as it were, to you. You see in detail how I run my factoring business. I want to quickly to point out that my methods are by no means the only way to do this; however, they have worked for me for quite some time and others have patterned their successful factoring businesses on this model. You are welcome to pick and choose and adapt your own operation from mine; but you really don’t need to reinvent the wheel or learn everything the hard way. If my experiences help you start and enjoy a profitable, satisfying factoring business, then this ebook has succeeded.
This book shows how to start a small factoring business, how to find, qualify and work with clients, and how to avoid common errors and limit risk. A sample factoring transaction puts it all together, step-by-step. Three new chapters are included with the 5th edition which include numerous internet and other resources. With common sense directions and first-person experiences adding ?been there? flavor to each page, the reader will learn how factoring small receivables can be a lucrative and enjoyable full-time business, as well as an excellent means of earning very high returns for part-time investors with retirement or discretionary funds.
Jeff Callender has written more for the public on the subject of factoring accounts receivable than anyone. Here, in a brief and engaging collection, are the highlights of his work to date. This book gathers, sorts, and presents scores of factoring topics. Grouped alphabetically by subject, this little volume provides a thumbnail sketch of the information, experiences, and "words to the wise" that are generously peppered throughout his books and other writing. They are condensed here for an easily grasped summary of factoring and its many finer points. If you've been intrigued with this subject and curious as to just what factoring is all about, this digest is an easy and inexpensive way to find out. Settle into your easy chair with this brief collection and you'll be surprised at how much you'll learn in just a few minutes.
This book gives revealing first-hand accounts of 30 real factoring clients, provided by eight experienced small factors across the country. The stories are all true, loaded with practical wisdom, and full of essential lessons. If you are thinking about going into factoring at any level – as a funding source or broker – you need to read this book!
With this edition taking its place as Book 2 of the Small Factor Series, here is the step-by-step manual that provides documents, instructions, and insights needed to run a small factoring operation on a day-to-day basis.The new and revised 6th edition shows the aspiring factor how to start a small factoring business, how to find, qualify and work with clients, and how to avoid common errors and limit risk. A sample factoring transaction puts it all together, step-by-step. There are now 21 chapters and over 400 pages in this manual.Three new chapters are added in the 6th edition, which include a how-to chapter on bookkeeping, an explanation of UCCs, and Factoring and the USA Patriot Act. There are over 100 pages more than the previous edition, and updates in nearly every chapter throughout the book. With common sense directions and first-person experiences adding "been there" flavor to each page, the reader will learn how factoring small receivables can be a lucrative and enjoyable full-time business, as well as an excellent means of earning very high returns for part-time investors with retirement or discretionary funds.
