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Posts By: Robinn Mikalic

Healthy Business Credit is Vital for Businesses

According to Dun and Bradstreet, there are some valid reasons why a healthy business credit profile is vital for a business: • Business financing:  Without business credit ratings, a supplier may require cash on delivery or ask for a personal guarantee. When business credit ratings are high, lenders and suppliers give favorable terms to purchase with credit. •… Read more »

Tax Breaks Extended For Individuals

The Tax Increase Prevention Act of 2014, which was signed into law on December 19, renewed through 2014 a long list of personal and business federal income tax breaks that had been allowed to expire at the end of 2013. Because Congress habitually allows these breaks to expire before restoring them for a year or… Read more »

Maintain Healthy Cash Flow

In today’s economic environment, one major concern for businesses is maintaining a healthy cash flow. Factoring is always an option for fast cash.  If you need to just clean up your internal habits, here are some great suggestions. If your company is feeling the squeeze of a tight economy — and tight credit — its ability… Read more »

Commercial Finance Association – 70th Annual National Convention Held in Washington D.C.

The Commercial Finance Association (CFA) held its 70th Annual Convention in Washington D.C., and on November 13, 2014  Dr. Ben Bernanke, Former Chairman of the Board of Governors of the Federal Reserve was the keynote speaker during the general session, and Sallie Krawcheck, one of the top women in the commercial finance industry, spoke  during the Women In Commercial… Read more »

Are Your Financial Assets at Risk of a Cyber Security Breach?

Recent data breaches at large companies, such as Target, Home Depot, and J.P. Morgan Chase, are a reminder of how vulnerable data and systems can be to cyber security threats, and the costs associated with these breaches.Businesses are especially vulnerable to cyber security breaches when there are employees accessing data via computer programs, email, websites,… Read more »

Rachel’s Challenge at Bishop Eustace

It was an honor for Paul Mikalic, my son, to be chosen as a school representative for Rachel’s Challenge at Bishop Eustace School last week.  KYW Radio was there to cover the news. PENNSAUKEN, N.J. (CBS) — “Change through kindness” is the message students at a Catholic high school in South Jersey heard on November fifth. If… Read more »

How to Use Factoring for Cash Flow

Companies facing a cash-flow squeeze and slow-paying customers often sell their invoices or accounts receivable to specialized companies called factors. The factor advances most of the invoice amount — usually 70% to 90% — after checking out the credit-worthiness of the billed customer. When the bill is paid, the factor remits the balance, minus a… Read more »

Commercial Finance Association of Philly Donates $5,000 to Children’s Village

Annually, the Commercial Finance Association of Philadelphia is proud to choose a local charity to support, and this year the CFA Chapter President Bill Moul selected the Children’s Village in Philadelphia.  The $5,000 donation was presented at the annual speaker event- FBI SSA Joseph McGinn presented a detailed recount of white collar crimes and new fraud schemes today. Children’s Village is a… Read more »

Top 10 Techniques For Customer Retnention

  J D Factors is striving to be the premier Factor for customer satisfaction and retention in North America.  I have worked here for almost eleven years and I believe we have accomplished this already!  In a world of bankers, lenders and “Leap Froggers” who consistently move around, leaping from company to company trying to… Read more »