Factoring Operations Manual - Procedures & Policies Guide

Factoring Operations Manual - The Complete Solution

Written By: Debra Wilson Edited By: Robert A. Zadek, Esq.

Table Of Contents Frequently Asked Questions Buy This Manual Now

The factoring business is about credit risks. Making money is all about how you manage those risks by utilizing policies and procedures that are designed to keep you out of trouble. FactorHelp’s Factoring Operations Manual is the only commercially available policies handbook and procedures guide that gives you step-by-step details on how to operate your factoring business - from new business write-ups to portfolio monitoring to problem transactions - and everything in between. This factoring information resource provides best practices developed by industry practitioners complete with legal documentation. You need a system for managing the important aspects of your factoring business. That's what this factoring operations guide gives you.

Some of the topics covered in the FactorHelp Operations Manual include:

• How to write-up and analyze new business prospects. • How to use "early warning signs" to track factoring portfolio risk. • The seven critical elements in proposal letters to prevent severe consequences. • How to handle and resolve duplicate purchase orders. • How to filter out ineligible receivables. • What to do every night at midnight. • Discover the six most important risk categories that must be analyzed before funding any factoring deal. • Procedures that explain how to use our most important credit analysis tool for over-advances. Your account executive can immediately be up-to-speed and productive after reading this! • How to set up an electronic interface with clients to make your job easier. • Examples of how to craft the right legal forms and give your support staff the right training. • The single best customer service program (it's not what you think). • Why you need to obtain a weekly report from the client database and how to use it effectively. • Tricks to use with a portfolio management program. With a little tweaking, you can use these methods with any software program. • Exactly how to manage the flow of documentation so that more transactions can be processed with less risk. • How to set up a monitoring program to save time and money. • The seven deadly underwriting techniques used by factors. • How to handle and avoid (with rare exceptions) collection problems. • How to organize and manage accounts receivable verifications. • What to do every day to lower and/or prevent fraud that can land you on the dreaded terminated lender list. • A daily cash flow report. What it contains to give management an overview of the business. • The system for handling bankruptcy problems. • How to manage loss exposure in deteriorating situations.

You will receive:
• Our Factoring Operations Manual in Microsoft Word® document format on a CD-ROM so that you can customize the manual to fit the particulars of your company. • A CD-ROM Download Disc that has all of the forms for ease of downloading when you need them. • You will be granted an unrestricted license for your entire company, which allows you to edit, print and reproduce any portion of the package for use within your company. You may not resell any portion of this package to another person or company. Sorry, our Factoring Operations Manual is copyrighted and sold to end-users only.

How to order the Factoring Operations Manual:
The "Buy Now" link below will take you directly to our secure server at the IFA store, where you can use your credit card to pay for your own Factoring Operations Manual. As soon as your payment is confirmed, we will send you the Factoring Operations Manual on both Hardcover Form and the two CD-ROM discs. For more information, before ordering please call us at 972-203-2966.

Don't let another day go by without a Factoring Operations Manual!
Using our proven operating methodologies, this factoring operations handbook gives you a system for operating your factoring business on a daily business. It is NOT about learning new things but about ensuring you have the proper procedures in place to get your money back from your clients. So order now -- and get all the time and money benefits that our 75 years of collective experience offers you!

Factor Help, Inc. | Phone (972) 759-0711 | FAX (972) 739-9114

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