PMF Bancorp Financial Tip of the Month: July 2011 The goal of PMF Bancorp is to be an effective resource for our clients. Whether providing access to invoice factoring, lines of credit or trade financing, PMF Bancorp is a one-stop shop of excellent services and precise analysis. By delivering the information you need, we know
Many entrepreneurs are finding it more advantages to use Accounts Receivables Financing than the traditional funding sources that have become so difficult to work with. When your company needs to raise funds, you need to determine where to find the capital. In a challenging economy, many of the older financing options are less accessible: banks
In the current tough economic climate, many small businesses have come under the gun and found that they could not pay their bills on time. Some of these companies choose to slow down payments to suppliers, increasing the time frame for outstanding bills by an additional 15, 30 or more days. Although this decision threatened
In modern America where credit is tight and bank loans are harder and harder to obtain, factoring and accounts receivable financing has become one of the key engines of the American dream. What is the American dream? According to Wikipedia, the American Dream is the promise of the possibility of prosperity and the freedom for everyone to
As businesses grow these days, it becomes necessary not to just to compete on a local and national level, but on a global level as well. As the Internet revolutionizes global commerce, expansion worldwide suddenly has become a viable option for small to mid-sized product and service businesses. PMF Bancorp has helped several companies expand
PMF Bancorp & ChinaMartUSA.com attended the 4th China Hangzhou International Outdoor & Lifestyle Show 2011, in Hangzhou, China. Stephen Perl, of PMFBancorp.com & ChinaMartUSA.com, was there to to give a speech entitled “Understanding the Basic Sales Channels in the U.S.” The team from PMF Bancorp also had the opportunity to discuss Supplier Pass and how
The QingDao government appointed Mr. Stephen Perl, as QingDao’s Official City Business Consultant with the rights to represent QingDao in their new infrastructure projects for a Major Regional Hospital, a high end Shopping Plaza for multi-national brands, and their new American Mart dedicated to US retailers. QingDao has authorized Stephen Perl to grant various subsidies
Originally published in the Manufacturer.com magazine. Republished with permission Factoring has been a form of finance that many businesses have shied away from in the past when really not knowing the benefits… this article will present the clear advantages of factoring. Factoring is defined as a financial service that provides cash-flow acceleration through the purchase
With the shifting economic climate to use more outsourced labor, PMF Bancorp has noticed that Staffing Agencies have found their services to be more and more in demand in recent years. Companies have found that hiring temporary employees can help them avoid numerous pitfalls in terms of payroll taxes, human resources administration, and expensive health
ASD General Merchandise Show 2011 in Las Vegas was a spectacular show with a 20% increase in buyer attendance over last year. PMF Bancorp discussed the benefit of increasing working capital through factoring while also discussing the merits of strong credit and risk management when selling new and existing clients. “Using factoring to increase working
