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Interface Financial Group celebrating 40 years as a funding source for small business
with David Banfield
David Banfield, the President of the Interface Financial Group, North America’s largest alternative funding source for small business joins Enterprise Radio. IFG provides an invoice factoring service, turning a company’s accounts receivables into cash. IFG has roughly 150 offices in seven countries: the US, Canada, Australia, New Zealand, Singapore, the United Kingdom and Ireland.
Listen to host Eric Dye & guest David Banfield discuss the following:
- What exactly is invoice factoring and how does it help a small business owner?
- Part of the challenge small business owners tell you they are facing right now is the difficulty in getting a loan from a bank. It sounds as if IFG’s services can help with that problem?
- Let’s talk about becoming an entrepreneur. I’ve heard that IFG has drawn a lot of interest from corporate execs who have been laid off and are looking to start new careers. Is that true?
- So what is needed to open a franchise? Do you need a lot of finance skills?
- IFG is celebrating 40 years in business this week. How has the company changed in those 40 years?
Tip: If you’re a small business owner, don’t let a lack of working capital slow your growth. The service provided The Interface Financial Group, invoice factoring, is a fast and effective way to ease cash flow problems and finance your start-up or growing small business. Invoice factoring is not a loan, a business is selling its receivables to a factoring provider, and getting cash in 1-2 days. In addition, if you are looking to start a new career, and be your own boss, an IFG office can be run out of a home, is relatively inexpensive to start and IFG provides an extensive training program to get you going.
Duration: 9:08
David Banfield – President, Interface Financial Group
David Banfield received his professional credentials in banking and credit management in the United Kingdom, where he held positions in both the banking and factoring industries.
In 1975, after fifteen years of service in various sectors of banking operations, David was appointed Vice President and Manager of Mercantile Bank & Trust Co. Ltd. From 1978-1986, he was Vice President of Walter E. Heller Financial Corp. He was subsequently named President of Interfax Financial Services Limited, a position he held from 1986-1990.
David was named President of the Interface organization in 1991 and has played a significant part in the successful development and growth of the Interface organization.
Links: interfacefinancial.com
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