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Phil Cohen

About Phil Cohen

Phil is the owner of PRN Funding and sister company Factor Finders. He has been an authority in the factoring industry for over 20 years, serving on the board of directors for several factoring associations.

Posts by Phil Cohen:

How Invoice Factoring Improves Cash Flow Forecasting

Invoice factoring improves cash flow forecasting by replacing uncertain customer payment timing with predictable access to cash.Many businesses struggle to forecast cash accurately because inflows depend on when customers decide ...

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What to Expect During the First 30 Days of Invoice Factoring

The first 30 days of invoice factoring are focused on setup, alignment, and transitioning payroll funding from uncertainty to predictability.For staffing agencies new to factoring, the initial month sets the ...

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When Staffing Agencies Should Switch From Bank Credit to Factoring

Staffing agencies should switch from bank credit to factoring when payroll growth outpaces fixed credit limits and cash flow stress becomes routine.Bank financing often works early on, but staffing agencies ...

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How Invoice Factoring Helps Staffing Agencies Take On Larger Clients

Invoice factoring helps staffing agencies take on larger clients by removing the cash flow and payroll risk that typically comes with bigger contracts.Larger clients often represent major growth opportunities, but ...

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Common Invoice Factoring Myths Staffing Agencies Should Ignore

Invoice factoring is often misunderstood in the staffing industry, and those misconceptions cause agencies to delay solutions that would stabilize payroll and support growth.Many staffing agencies hesitate to explore factoring ...

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How to Choose the Right Invoice Factoring Partner for a Staffing Agency

The right invoice factoring partner supports payroll predictability, growth, and operational stability—while the wrong one creates friction and risk.Not all factoring companies are built for staffing. Agencies that choose a ...

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Invoice Factoring vs. Payroll Loans: What Staffing Agencies Should Know

Invoice factoring and payroll loans solve different problems, but only one is designed to support ongoing staffing payroll at scale.Staffing agencies often compare these two options when cash gets tight. ...

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How Invoice Factoring Supports Weekly Payroll in Staffing Agencies

Invoice factoring supports weekly payroll in staffing agencies by converting approved invoices into immediate cash instead of waiting weeks for client payment.Staffing agencies face a structural challenge: payroll is due ...

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Why Staffing Agencies Outgrow Traditional Bank Financing

Staffing agencies outgrow traditional bank financing because payroll scales immediately while bank credit remains fixed and slow to adjust.What works at a small or early stage often breaks during growth. ...

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