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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:

The Real Cost of Fronting Payroll for Staffing Clients

Fronting payroll for staffing clients creates significant financial pressure because staffing agencies must cover labor costs long before client payments arrive.For staffing firms, payroll is not just an operating expense—it ...

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What Causes Working Capital Problems in Growing Companies?

Growing companies often experience working capital problems because expenses increase immediately while revenue takes time to convert into cash.This is one of the most misunderstood financial challenges in business growth. ...

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How Weekly Payroll Impacts Staffing Agency Working Capital

Weekly payroll impacts staffing agency working capital because agencies must fund labor costs long before clients pay invoices.This creates one of the most demanding cash flow structures in business. While ...

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Why Cash Flow Timing Matters More Than Revenue Growth

Cash flow timing matters more than revenue growth because businesses fail from lack of available cash—not lack of reported sales.Revenue growth is important, but timing determines whether a company can ...

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Why Staffing Companies Feel Cash Flow Pressure Faster Than Most Industries

Staffing companies feel cash flow pressure faster than most industries because they must pay workers before clients pay invoices.This creates a structural timing gap that puts constant pressure on working ...

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The Difference Between Revenue Problems and Cash Flow Problems

Revenue problems and cash flow problems are not the same thing. A business can generate strong revenue and still struggle financially if cash is not arriving fast enough to cover ...

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Why Diesel Prices Are Surging (And How It’s Impacting Truckers Right Now)

Diesel prices are rising across the U.S., and truckers are feeling the impact immediately through higher operating costs and tighter cash flow. Unlike many business expenses, fuel is unavoidable and ...

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How Invoice Factoring Fits Into a CFO’s Financial Strategy

Invoice factoring fits into a CFO’s financial strategy as a flexible working capital tool that aligns cash flow with revenue and reduces reliance on traditional debt.For financial leaders, factoring is ...

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Why Factoring Companies May Decline Specific Invoices (Even If You’re Approved)

Factoring companies may decline specific invoices—even if your business is approved—when those invoices present higher risk, incomplete documentation, or uncertain collectability.Approval for invoice factoring does not guarantee that every invoice ...

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