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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:

Is Invoice Factoring Worth It? Costs, Benefits & Real ROI Explained

Invoice factoring is worth it for small businesses that need fast cash flow, face slow-paying customers, or struggle to meet payroll because it provides immediate access to 80–95% of invoice ...

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How Invoice Factoring Works: Step-by-Step Guide for Growing Businesses

This guide shows you how invoice factoring works and how growing businesses can use it to turn unpaid invoices into same-day working capital.Factoring advances 80–95% of invoice value within 24 ...

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Top 7 Benefits of Invoice Factoring for Staffing Companies

Invoice factoring provides staffing companies with fast, predictable cash flow by advancing 80–95% of invoice value within 24 hours.This financing method allows staffing firms to meet weekly payroll, accept larger ...

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What Is Invoice Factoring? Simple Explanation for Small Business Owners

Invoice factoring is a financing method where a business sells its unpaid invoices to a factoring company in exchange for immediate cash—typically 80–95% of the invoice value.This gives small businesses ...

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Invoice Factoring vs. Business Loans: Which Is Better for Small Businesses in 2026?

Invoice factoring is better for businesses with slow-paying customers and immediate cash needs in 2026 because it provides same-day funding based on accounts receivable. Business loans are better for companies ...

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Factoring Rates Explained: What Small Businesses Really Pay in 2026

Factoring rates are the fees small businesses pay to receive early funding on outstanding invoices, typically ranging from 1.5% to 4.0% per 30 days in 2026.These rates depend on your ...

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How to Improve Cash Flow Management: 12-Step Guide for Better Liquidity in 2026

This guide shows you how to improve cash flow management using 12 actionable strategies you can implement within 7–30 days.You don’t need advanced financial expertise—just consistent processes and the right ...

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PRN Funding Celebrates 25 Years of Success

This month, our sister company PRN Funding celebrates 25 years in the factoring industry! Since 2000, PRN has been helping healthcare and medical businesses maintain steady cash flow and build lasting success.From the BeginningFounded ...

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How Government Shutdown Impacts Home Healthcare Agencies: What You Need to Know

A government shutdown could disrupt home healthcare agencies by delaying Medicare and Medicaid payments and causing staffing shortages. This article explains how the government shutdown might impact home healthcare agencies ...

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