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.
The new 7th edition provides new material, as well as many updates throughout the book, including:
* Spiral binding which makes keeping the book open for easy reference much more convenient.
* A new chapter "Banking and Funds Transfers" which includes much new information on both subjects in the chapter’s title. A new section has been added to the "Bits of Wisdom" chapter as well: "How to Make Your Three Most Common Office Tools Highly Efficient."
* The chapter "Factoring Software" has been completely rewritten and includes a new software product.
* Updates to many chapters throughout the book.
Jeff Callender has been involved in factoring since 1994 when he started as a broker consultant and soon began purchasing the accounts of very small companies. He has written many books and numerous articles, consulted, and been a public speaker to thousands of people about how to profitably factor small receivables. No one comes close to providing as much information on the subject as he has.
He is a regular speaker at the American Cash Flow Association’s annual Cash Flow convention. He continues to fund a portfolio of very small factoring clients and provides consulting services for people interested in becoming small factors.