The Interface Financial Group Offers Ship Today and Get Paid Tomorrow Service to Small Businesses During Economic Downturn

BETHESDA, MD--(Marketwire - November 25, 2008) - The Interface Financial Group (IFG), North America's largest alternative funding source for small business, today announced its Ship Today Get Paid Tomorrow service to help small businesses during the present economic downturn. As traditional banking facilities are finding it more difficult to provide working capital to their small business customers, The Interface Financial Group (IFG) offers solutions that will assist them.

The National Federation of Independent Business (NFIB) Index of Small Business Optimism fell 5.4 points to 87.5 (1986=100), the third lowest reading in the 35-year history of the survey. A nonprofit, nonpartisan organization founded in 1943, NFIB is the leading small business association representing small and independent businesses. In fact, the National Federation of Independent Business Index of Small Business Optimism fell 5.4 points to 87.5.

In today's difficult economic times, it may be difficult for a small business to get a loan from traditional financial institutions. Many companies know that accounts receivable factoring can help keep a company's cash flow going, while fewer business owners have heard about single invoice factoring, or spot factoring, a highly effective alternative. It is basically a discounting service that is simpler and superior to standard invoice factoring, receivable financing, receivable funding or assets based lending. Customers can sell credit-worthy invoices to IFG, and get immediate working capital, in essence enabling them to ship today and get paid tomorrow. The program allows choices of invoices to be factored, enabling them to retain most of their money, while spending the minimum fees to guarantee adequate cash flow.

"Many small businesses are bracing for a slowdown during 2009. Across all industries, smaller businesses typically lack the resources to get credit from banks and or suppliers during a credit crunch so they are often the hardest hit," said Jay Greely, vice president, IFG. "The good news is that our Ship Today and Get Paid Tomorrow spot factoring service is already benefiting a number of small businesses, and is certain to be a much needed resource during the holidays and into the New Year for others."

Spot or invoice factoring can speed up cash flow, increase working capital and help you grow your business. It is really easy. The Interface Financial Group (IFG) will look at the creditworthiness of your customers and could pay you within as little as 24 hours. IFG does not expect to buy 100 percent of your company's receivables, and there are no minimum or maximum sales volume requirements. IFG's professional rates are competitive, and because each client's circumstances will vary, this may have an impact on the fees that are charged.

IFG has been successfully servicing the needs of small and medium-sized businesses for the past 35 years; providing a funding approach that is not totally dependent on a solid balance sheet backed with a substantial basket of assets for added security. IFG's single invoice factoring approach is quick and easy for the small business owner.

"Without The Interface Financial Group we would have had a tough time finding funding for our contracts. Their team goes above and beyond in helping small companies meet their financial needs. I will recommend IFG to everyone that I know who needs funding assistance, and look forward to working with them again," said Joseph H Haggler IV, President, Quartus Corporation.

Standard invoice factoring has been around for more than 4, 000 years. Many businesses do not get paid immediately for delivered products or services, however in order to sustain and grow, every company needs cash. Single invoice factoring benefits businesses that do not get paid for 30, 60 or 90 days by advancing up to 90 percent against invoices. IFG looks at the creditworthiness of the client's customers and can fund within as little as 24 hours. IFG does not expect to buy 100 percent of a company's receivables, and there are no minimum or maximum sales volume requirements.

Because IFG offers clients a "use it as you need it" funding option, each invoice purchase is a separate transaction and does not form part of a portfolio lending approach. The transaction is modeled as a buy-sell transaction. IFG first undertakes a due diligence that typically takes one to two business days. Once completed the client is at liberty to offer invoices to IFG for purchase. Upon receipt of invoices, IFG checks the credit of the debtor named on the invoice and makes sure that the sale represented has been satisfactorily completed. Once this is done the debtor is advised of the purchase by IFG and the client receives their funding. At the end of the credit period the debtor pays IFG directly completing the transaction.

IFG's spot factoring service is user friendly, fast, flexible, and cost effective. If clients choose to offer further invoices to IFG the total transaction time is often reduced to just two to eight hours. While IFG is a multinational organization, each client works with local offices, building a working relationship with professionals who understand the local environment and who get to know them and their unique business.

About The Interface Financial Group (www.ifgnetwork.com)

The Interface Financial Group (IFG) is North America's largest alternative funding source for small business, providing short-term financial resources including spot factoring (invoice discounting). The company serves clients in more than 30 industries in the United States, Canada, Australia, and New Zealand; and offers cross-border transaction facilities between the U.S. and Canada. With more than 140 offices across North America and over 35 years of experience, IFG provides innovative invoice factoring solutions by offering short-term working capital to growing businesses. Single invoice factoring, or spot factoring, is an extremely fast way to turn receivables into cash.

IFG was founded in 1972 to provide short-term working capital to help small to medium sized businesses grow. The IFG organization operates on a local level, providing clients with local knowledge and experience and business expertise in numerous diverse areas including accounting, finance, law, marketing and banking.

Contact Information: Media Contact: Kristin Gabriel MarCom New Media T: 323.650.2838 E: Headquarters: The Interface Financial Group, Inc. 7910 Woodmont Avenue, Suite 1430 Bethesda, MD 20154 T: Toll Free: USA; 877.210.9748 Canada; 877.340.6893