FACTOR KING® gives you the ability to determine those customers you would like factored and which invoices you want funded. The option is always yours, your decision- your way.
When working with FACTOR KING®, you will have the cash to expand your business to the next level. FACTOR KING® remains on call 24/7 to provide you with the fastest possible form of funding.
Knowing you will receive funds from FACTOR KING® allows you to balance your financial obligations. Spend your time growing your business. Concentrate on building not juggling.
FACTOR KING® reduces the liability your business takes by lowering bad debt risks. Our world class credit department works along side you to help you establish client credit limits and terms.
With FACTOR KING'S automated online system you have the ability to manage accounts & submit invoices 24/7. Our online system has been built from the ground up to allow you continuous access.
All FACTOR KING® clients receive personal and professional support on analyzing customer accounts. By utilizing proprietary algorithms that have been developed in house FACTOR KING® gives you the solutions necessary to succeed in today's environment.
Unlike competitors, FACTOR KING® guarantees the no extra charge concept. What you see is what you get. Finally a factor that understands that your financial health is key to our success.
Working with FACTOR KING® gives you a partner who will share your accomplishments without the burden of meeting monthly factoring minimums and long term contracts.
FACTOR KING® specializes in purchasing invoice receivables. Concentrating our efforts enables us to be recognized as a top ranked industry leader. Partner with FACTOR KING® today, your first step to financial success.
FACTOR KING® gives you access to key financial reports 24/ 7 enabling you to concentrate on your business. Information is power and FACTOR KING® always delivers with our world class A/R reporting platform. Call a FACTOR KING® specialist today for a free demonstration.
Tuesday, February 4, 2014 FACTOR KING® offers this quick monthly rollup of important stories related to business and finance. We also track leading economic indicators each month giving you a quick snapshot of the status of the economy. This is the top business and financial news for January 2014.
Wednesday, October 2, 2013 Factor King offers this quick monthly rollup of the most important stories related to business and finance. These are the top stories in business and finance for September 2013.
Friday, March 29, 2013 
There was a time, not too long ago, when raising cash through venture capitalists was the way to go. But, in the last few years more small business owners have been taking a road less-travelled to funding: Microfinancing.
Although the numbers vary by lender, most microloans are under $25,000. According to a recent report in Entrepreneur Magazine, non-bank lenders such as Accion USA and the San Francisco Bay Area’s Opportunity Fund provide loans that average just $7,000. And, even more surprising is that these same lenders say that the businesses they lend to have a survival rate that’s more than twice the national average with repayment rates being about equal to traditional banks.
In part, micro lending as a practice has been growing as many banks continue to struggle to serve the needs of small business owners.
Experts in microfinancing believe that borrowers do better than owners who've gone the route of traditional banks or credit cards due to a variety of reasons including more thorough screening, where Micro lenders take care to better know business owners personally, a practice that is not generally employed by traditional banks.
In addition, microloans are often made in a group setting where business owners support each other and are also financially accountable for each other’s loans.
Moreover, smaller-scale loans help entrepreneurs stay focused on their business and less likely to get caught-up in over-expansion.
For those small business owners interested in giving microfinancing a shot, here are some great ways to help get started:
SBA’s Microloan Program—The SBA provides small, short-term loans available to small businesses and certain types of nonprofit organizations through specially designated intermediary lenders. The intermediary lenders make loans to eligible borrowers where the maximum amount is $50,000 but most microloans average about $13,000. Terms vary but most SBA microloans can be used for working capital, to purchase inventory or supplies, furniture or fixtures and machinery or other equipment.
Accion USA—Accion is a leader in U.S. microfinance and has been in existence since 1991. The company is committed to helping microentrepreneurs secure affordable small business loans. They lend with the mission of empowering small business owners by providing access to working capital and financial education.
Opportunity Fund--Opportunity Fund, based primarily in California, is a not-for-profit social enterprise that has helped scores of families build financial stability. The organization brings together microloans for small businesses, microsavings accounts, and community real estate financing.
However, microfinancing does have its limitations such as generally smaller loan sizes and certain restrictions on the types of activities that capital can be used for. For example, the SBA stipulates that its microloans can not be used to pay down existing debt.
So, still other small businesses might benefit from less restrictive ways of raising capital, such as short-term loans or factoring.
