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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:

When to Use Invoice Factoring Instead of a Line of Credit

Invoice factoring is a better choice than a line of credit when cash flow problems are caused by slow-paying customers, rapid growth, or timing gaps rather than lack of profitability.Both ...

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Cash Flow vs. Profit: Why They’re Not the Same Thing

Cash flow and profit measure two very different things, and confusing them is one of the most common reasons healthy businesses experience financial stress.Profit shows whether a business is economically ...

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Why Profitable Businesses Still Run Out of Cash (and How to Prevent It)

Businesses run out of cash not because they are unprofitable, but because cash arrives later than expenses are due.Profit measures success on paper. Cash determines whether a business survives. Many ...

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How to Turn Accounts Receivable Into a Reliable Source of Working Capital

Accounts receivable can become a reliable source of working capital when businesses stop treating invoices as “future cash” and start managing them as a financial asset.Many profitable companies struggle with ...

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The Hidden Cash Flow Risks of Rapid Staffing Growth (and How to Fix Them)

Rapid staffing growth often creates cash flow risk long before it creates profit problems.As placements increase, payroll obligations rise immediately while client payments lag behind. Many staffing agencies discover too ...

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How to Reduce Payroll Risk When Onboarding Large Staffing Clients

Large staffing clients create some of the highest payroll risk because payroll increases immediately while payment risk concentrates in a single account.Winning a major client feels like a growth milestone, ...

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Why Fast-Growing Staffing Agencies Outgrow Traditional Bank Financing

Fast-growing staffing agencies outgrow traditional bank financing because bank credit does not scale with payroll, placement volume, or client payment timing.As staffing firms add placements, payroll obligations rise immediately, while ...

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Payroll Funding vs. Invoice Factoring: What Staffing Agencies Need to Know

Payroll funding and invoice factoring both help staffing agencies cover weekly payroll, but they work differently and carry different levels of flexibility, control, and long-term impact. Understanding the difference is ...

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What Is Working Capital? Simple Definition and Why It Matters

Working capital is the difference between a business’s current assets and current liabilities, and it measures the company’s ability to fund day-to-day operations.In simple terms, working capital tells you whether ...

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