Helpful Information for Factoring Brokers
At PRN Funding, we deeply value our relationships within the invoice factoring industry. We actively cultivate and nurture strong referral partnerships with fellow professionals, including invoice factoring brokers, cash flow consultants, and other accounts receivable factoring firms.
We believe that by fostering a collaborative network, we can better serve the needs of businesses seeking innovative financial solutions. As part of our commitment to this collaborative approach, we regularly contribute articles to various invoice factoring publications. These articles aim to share valuable insights and industry knowledge, keeping our referral partners informed about the latest trends, best practices, and opportunities within the factoring industry.
We highly value our relationships with brokers and invite you to join our esteemed network of referral partners. We are confident that by collaborating with PRN Funding, you can offer your clients access to a reliable and efficient factoring solution while expanding your own service offerings.
To further support our referral partners, we have compiled a wealth of helpful information on our website, including resources specifically designed for factoring brokers. This information can assist you in better understanding our services, navigating the factoring process, and effectively presenting our solutions to your clients.
We believe in building mutually beneficial partnerships based on trust, transparency, and a shared commitment to providing exceptional service to our clients. We look forward to the opportunity to collaborate with you and explore the potential of a mutually rewarding referral partnership.
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Feel free to browse through all of our factoring broker articles.
Some of Our Most Helpful Factoring Broker Articles
How Important is it for Factoring Brokers to Know Their Funding Sources?
Sending a prospect to the wrong funder could also damage the relationships you have with your client and the funder. In order to avoid such a catastrophe, it is extremely important for consultants and brokers to know how each of their funding partners’ factoring programs work so they can match their clients with the most appropriate one. The best way to get to know your funders is to ask the following four…READ MORE
Factoring Brokers: Managing Cash Flow in Times of Uncertainty
While we would like to know what lies ahead for the cash flow industry, no one knows for sure what the future holds. However, one thing will go unchanged during these times of uncertainty—the need for business owners to proactively manage their cash flow will never go away.As a cash flow professional, your services will be in high-demand over the next year as the fate of economy remains unsettled…READ MORE
Five Tips to Help Factoring Brokers Close More Deals
The last thing a factoring broker wants to have happen is to see his/her hard work throughout the sales cycle come to a standstill. The following “Five Tips for Closing More Factoring Deals” are designed to help factoring brokers become more effective with the closing piece of the factoring sales process…READ MORE
Old School’ Marketing Techniques that Still Work in Today’s World for Factoring Brokers
These days, it seems that small businesses and corporations alike are focusing a lot of their marketing efforts on social networking sites such as Facebook, Twitter and LinkedIn. Although it’s important to continuously evolve your company’s marketing tactics so that they are in line with today’s trends, don’t forget to continue to incorporate some of the more tried and true marketing techniques in your 2011 advertising plans. Here are five marketing tricks that will never go out of style…READ MORE
Factoring Prospects: Weeding Out the Bad to Find the Good
You find a candidate in need of cash flow who has been in business for two years, gets paid in less than 45 days and wants to expand. Eager to help this business owner get the cash he needs to expand, you refer this person to one of your factoring sources immediately. The factoring company has communicated to you that they are interested in pursuing the deal, and they’ll have an update for you as soon as they reach out to the prospect…READ MORE
Don’t Allow Slow-Paying Customers to Get in Your Way!
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