The Interface Financial Group (IFG) provides short-term cash flow assistance for small businesses by purchasing selected invoices at a discount. IFG offers its clients a “use it as you need it” approach to growth and has no minimum volume requirements.

On being approached by a prospective client, IFG undertakes a due diligence program that typically takes 4-5 business days. Once completed and approved, the client is at liberty to offer invoices to IFG for purchase.

IFG will then check the credit of the debtor on the invoice and also that the sale represented by the invoice has been completed. Once this is done, the debtor is advised of the purchase by IFG and then the client is paid for the invoice. At the end of the credit period, the debtor will make payment directly to IFG thus completing the transaction.

IFG is also a perfect complement to services offered by bankers. Offering alternatives for customers when their financing requests exceed a bank’s criteria could be key to keeping a customer.