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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:

Factoring Advantages in 2024: A Guide for Staffing Companies

If you’re running a staffing company in 2024, you already know the stiff challenges you’re facing: managing shifting client loads, filling mounting job orders, and chasing payments from customers. And ...

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Change Healthcare Attack: Navigating Disruption with Factor Finders

The recent ransomware attack on Change Healthcare, a major healthcare technology provider, has caused significant disruptions in the healthcare industry. As a company dedicated to supporting businesses, including those in ...

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Commercial Finance Disclosure Regulations Delay Factoring Underwriting Process

The recent passing of stricter commercial finance disclosure regulations (CFDR) in states like California, New York, and Utah has created a negative impact on businesses in the factoring industry. Not ...

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Invoice Factoring: Alternative Funding Option in Today’s Economy

Navigating the Current Economy In a recent study, the Commerce Department showed the U.S. economy has slowed down since March, at just a 1.1% annual pace. Given the last few years, it's ...

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Managing Your Trucking Company’s Cash Flow With Invoice Factoring

Managing cash flow in the trucking industry can be tricky because of untimely invoice payments. Luckily, freight factoring services can provide dependable and reliable cash upfront that does not accrue ...

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Funders Pulling out of California Due to Commercial Financial Disclosure Regulations

The recent commercial financial disclosure regulations are negatively impacting funding options for businesses in states like California, New York, and Utah. With stricter enforcement for lenders and financial services providers, including ...

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Confusion Around Commercial Financial Disclosure Regulations

There’s been a lot of confusion with the recent passing of commercial financial disclosure regulations (CFDR) in states like California, New York, and Utah. Businesses are struggling with how to ...

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Required Disclosures for Invoice Factoring Companies in California

There’s been a lot of discussion around the recent passing of commercial finance disclosure regulations, or CFDR, specifically in states like New York, Utah, and California. This CFDR legislation impacts ...

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Factor Finders LLC at the 2023 IFA Annual Conference

Factor Finders is pleased to announce that it will be sponsoring this year's coffee mugs at the 2023 IFA Annual Conference. On top of that, Factor Finders will also be ...

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