16th Annual Factoring Conference Draws Record Attendance, Hosted by the International Factoring Association April 14-16th, 2010 in Scottsdale, AZ

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Now in its 16th year, the 2010 Factoring Conference will take place on April 14 through April 17th at The Fairmont Scottsdale Resort in Scottsdale, Arizona. With over 500 attendees and more than 40 exhibitors, the 2010 Factoring Conference is the world's largest conference dedicated to banks and finance companies which offer factoring and receivables financing. Registration is available online at http://www.factoringconference.com.

Now in its 16th year, the 2010 Factoring Conference will take place on April 14 through April 17th at The Fairmont Scottsdale Resort in Scottsdale, Arizona. With over 500 attendees and more than 40 exhibitors, the 2010 Factoring Conference is the world's largest conference dedicated to banks and finance companies which offer factoring and receivables financing. Registration is available online at http://www.factoringconference.com.

The three day conference kicks off with opening remarks from Bert Goldberg, President, of the International Factoring Association followed by keynote presentations by Dr. Barry Asmus, Economist, of Ideas Spoken, Inc. and Mr. Barry Minkow, CEO, of the Fraud Discovery Institute.

Dr. Barry Asmus has been named by USA Today as one of the five most requested speakers in the United States. As a Senior Economist for the prestigious National Center for Policy Analysis, Dr. Asmus does more than just speak on policies; he is actively involved with their implementation. With over twenty-five years experience on the speaking platform, Dr. Asmus presents a powerful picture of America’s future, both here and abroad. His latest book titled Bulls Don’t Blush, Bears Don’t Die provides an insightful summary of today’s economy, the problems facing it and proposed solutions to these problems.

Barry Minkow made headlines for being the youngest person in United States business history to take a company public before he was 21 years old. However, his company was built on fraud and deceit. He amassed over $20 million in loans from 15 different banks, including three investment banks and several private individuals – all for a company whose actual revenues were 90% less than what they reported and which never earned a profit in the five years it was in business. Since his release from prison after serving a lengthy sentence, Mr. Minkow has traveled the country speaking to and working with law enforcement agencies like the FBI, public accounting firms, the Institute of Internal Auditors, private business, and even the Pentagon. Barry Minkow is an executive and co-founder of the Fraud Discovery Institute, a licensed private investigating company that uses ex-convicts alongside seasoned auditors to prevent and detect ongoing white-collar fraud. As an expert on fraud, he has appeared on national television networks including FOX News, FOX Business, CNN and CNBC.

Panels scheduled for April 15th include:

  • Advanced Due Diligence Issues
  • Factoring 101
  • Cool New Technology to Streamline your Factoring Operation
  • Structuring Participations
  • Introduction to Credit Monitoring

Panels scheduled for April 16th include:

  • Threats to the Factoring Industry
  • Lobbying and Education of Lawmakers about Factoring
  • Lessons to be Learned from This Year’s Court Decisions
  • Factoring in Canada
  • Financing Expert Transactions
  • Factoring Government Receivables
  • Current Topics in Transportation Factoring
  • Financing Export Transactions
  • Topical Legal Issues
  • Small Factors Workshop

Attendees will receive an update from a representative of the American Factoring Association (“AFA”). The AFA was founded in 2009 with the sole purpose of educating the public and policymakers on the availability of working capital for financing America's small businesses and to conduct efforts in support of increasing working capital financing.

A variety of networking activities are planned for the conference, including the Wednesday evening Welcome Reception, Thursday evening Social and Dessert Reception and a western themed banquet dinner on Friday evening.

Headquartered in Pismo Beach, California and with over 350 corporate members, the International Factoring Association is the largest association of commercial finance companies in the world. Members include factoring companies, asset based lenders and other receivables finance companies. Since 1999, the International Factoring Association has provided a forum for member organizations to meet and discuss issues and concerns, share best practices, disseminate information and promote a single voice to the marketplace. The principal spokesperson for the factoring and receivables finance industry is the International Factoring Association’s Bert Goldberg.

Editors: Media Passes are available to reporters by contacting Bert Goldberg at (805) 773-0011 Extension 12.

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