As small and medium-sized businesses are inching their way out of this pandemic, 2022 is the year to return with a vengeance and unlock the true potential of your business.

Did you know waiting on payment is one of the biggest challenges for small and medium-sized businesses? It prevents you from paying expenses, reinvesting in new opportunities, and essentially hindering your growth.  Could there really be a simple solution to this reoccurring problem?

Yes – it’s called Factoring.

Factoring gives companies immediate access to their funds by allowing them to sell their receivables and gain immediate access to cash flow, without the restrictions that a traditional lender might impose.

According to Loren Shifrin, the CEO of Canada’s number one factoring company and the fastest growing in the US,  “once the restraint of receivables and payables is removed, you’re only limited by your ability to sell, and that’s when the real potential is unlocked.”

Shifrin is the CEO of Revolution Capital, and has loaned more than $3B to approximately 1,000 companies in the past year alone.  In fact, he helped the staffing company, Arrow Group, grow their annual revenue from $30M to $400M in just three years!

Impressive results – impressive numbers!

And Shifrin is the real deal.  Not only has he taken Revolution Capital to new heights, but he’s done at all under the age of 35 and with two small children.  Do we smell a 40 under 40 list in his near future?

If you think your business is ready to unleash the kind of optimal growth that Shifrin is renowned for, he advises you to do your homework first.  Choose a partner who wants to work with you and provides stellar customer service – not all factoring companies are created equally.

For more information on factoring, visit www.revinc.com

Published by HOLR Magazine.