The Interface Financial Group franchise celebrates 40 years of success

The Interface Financial Group, an alternative finance provider which helps small businesses through a unique funding model and franchise system that has barely changed since day one, is celebrating 40 years of what it calls ‘being boring’.

The group, which operates globally and has a number of franchises in the UK, was started with a single transaction in 1972 and now offers finance solutions to clients with needs of all sizes. Buying its clients’ outstanding receivables at a discount to ease their cash flow concerns, the network now purchases millions of pounds worth of invoices every year.

“With a franchise failure rate that is almost zero, four decades of growth and clients thanking us for the speed and flexibility with which we can assist them, we are pleased to celebrate being successfully boring because it works,” says David Banfield, president of the alternative financing firm. “We’ve adapted our services to the changing business climate, but the invoice discounting model we introduced back in 1972 is essentially what we offer our clients today.”

IFG’s service allows a company to use their unpaid invoices to accelerate their cash flow and meet current financial obligations, and because IFG offers this package on a transactional basis, businesses can use it as often as they need it with no minimums. This easy and fast form of short-term financing offers small business owners the opportunity to access cash quickly without having to wait for their outstanding invoices to be paid.

And it’s not only IFG services that are in demand. Entrepreneurs are lining up to buy franchises. Banfield says that, as well as entrepreneurs looking to put their valuable skillset to work for themselves, many long-term unemployed executives are enquiring about IFG franchise opportunities. The franchises are inexpensive to open, can be run from home on a sole-trader basis, and allow the franchisee the flexibility to dictate their own workload. In addition, each franchisee receives extensive training and ongoing support, a comprehensive risk management programme, and the security of a seasoned management team backing them up.

IFG is consistently ranked one of the top franchises by Entrepreneur magazine, and is currently designated a World-Class Franchise® by the Franchise Research Institute®.

Interface Financial Group (IFG)

The Interface Financial Group (IFG) has been providing working capital directly to small businesses since 1972 through its unique spot factoring programme.

IFG currently has more than 150 franchise locations serving the needs of small business entrepreneurs in the United Kingdom, the Republic of Ireland, Australia, Canada, New Zealand, Northern Ireland, Singapore and the United States.

IFG offers short-term working capital assistance for small businesses that are experiencing rapid growth, but do not have access to conventional lending sources such as banks, because they do not have a long operating history, a strong balance sheet, or a good credit history. The Interface Financial Group is the leading alternative funding source for small businesses.

IFG has received World-Class Franchise® certification by the Franchise Research Institute for the past six years. The results are based on an independent survey of IFG franchisees to determine their level of satisfaction with and other feedback on the IFG franchise system.