stages of larger factoring operations: startup, growth, and exit. The website states the material will help in the startup stage with the following: Formulate your business plan and budgets Provide and customize a policy and operations manual Locate Start-up Capital and Funding Set up your operation Build your website Identify the best vendors to

To find a local LeTip or BNI group go to their websites at www.letip.com and www.bni.com. You

In short, keep your factoring clients local when you start. It’s much easier and will enable you to be successful more quickly. It will also lead to contacts with bigger clients whom you can refer for nice commissions.

There are several companies that provide this service, such as RightSignature (www.RightSignature.com), EchoSign (www.EchoSign.com), RPost (www.RPost.com), DocuSign (www.DocuSign.com) and others. Search “electronic signature” or “e-signature”

Lions Club, Rotary, Chamber, home-based business association, and the like, and offer your services. Just

see where a client works and/or lives, you quickly get a feel for his personality, the kind of business he runs, his strengths and weaknesses as a business person, perhaps his family demands and many other worthwhile facts.

This is called a “check conversion penalty” or “misappropriated funds penalty.” Experienced factors do this for a good reason: it works.

run a company that specializes in helping small businesses streamline their cash flow. We provide them advance funding on slow paying invoices so that they can meet obligations or expand.” “Hello. My name is John Doe and company is John Doe Financial. We help people and businesses get cash today for payments they are waiting to get in the future.”

There are many companies which offer UCC searching and/or filing services for a fee. Let’s look at a few. Public Records Search Companies