The Interface Financial Group was formed in 1972 (in Canada) with the vision of providing working capital to help small to medium sized businesses grow.
IFG Network is the funding arm of The Interface Financial Group providing capital and transactional support to IFG’s international office network. Since then, IFG has grown to over (150) international offices in the UK, the United States, Canada, Ireland, Australia, New Zealand, and Singapore.
Each IFG office is managed on a local level, providing immediate service to clients with local knowledge and experience.
IFG launched the UK operation in 2010 following the success of its New Zealand, and Australia businesses which launched in 2004, and 2006.
IFG’s innovative products include spot factoring (invoice discounting) – the purchase of a single invoice or number of invoices.
IFG does not require the whole debtor book. This makes IFG different to all other Factoring Companies in the UK. Because of IFG geographical locations, IFG can also offer solutions for cross-border transactions between the UK, the United States and Canada, Ireland, Australia and New Zealand.
IFG services clients in over 30 industries, and management team has developed particular industry expertise in sectors that are not typically attractive to traditional factoring companies such as construction and niche services businesses. The IFG team has substantial business experience and expertise in numerous diverse areas, including accounting, finance, law, marketing, banking, etc.
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The ideal scenaraio for invoice discounting is if you are small and your customers are big because the focus is on your customer not you. But if you only have one big customer initially there could be a problem. However all may not be lost as IFG can fund your suppliers so they are put in the same position ass if you had paid them. Worth exploring.
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