With IFG, we are trying to serve a niche that is probably underserved, yet small businesses are what make this country great.
Raleigh, N.C. (PRWEB) September 26, 2013
Recent retirees from corporate America, Ken and Mindy DeHaven are using their extensive financial expertise to help local small businesses grow with their Interface Financial Group (IFG) franchise. The former finance executives were looking for an opportunity to stay active and work together in retirement, and they knew IFG was the right match. In opening their IFG franchise, they are providing financial assistance to an underserved niche of small businesses unable to get loans from traditional lending institutions.
Ken says of the decision to start their IFG business, “We just looked at it as a fun opportunity for us, and the appeal was the aspect of being the owners and being able to put our years of business acumen to the test to be in an ownership role.”
Prior to relocating to Raleigh 10 years ago, Ken consulted for a small business development corporation outside of Cleveland where he helped small business owners who were looking for advice and resources. He credits this time spent consulting to opening his eyes to the importance of small businesses on local and national economies.
The couple explains, “With IFG, we are trying to serve a niche that is probably underserved, yet small businesses are what make this country great. It feels good to be a part of something that’s fun … (because) small businesses can have some tremendous growth, and with the products that we have, it’s a great opportunity for us to be a part of their success.”
The DeHavens chose IFG because of the franchise’s track record with more than 40 years of proven success providing small businesses invoice discounting solutions with the unique, user-friendly “use-it-as-you-need-it” financing alternative. To ensure their business stays on the right track, the DeHavens say they can always count on support from IFG headquarters.
“They basically gave us a great roadmap to follow, and we are doing our best to follow that. It’s kind of like the ‘Field of Dreams’ line, ‘if you build it they will come;’ if you do this, your leads or your prospects will come. It’s proven. Everything that they had in the model, it seems to have come to pass, and I’d say it’s working for us right now,” Ken explains.
Following the roadmap, the couple is dedicating their time to establishing a referral network and locating companies that can benefit from IFG’s services. With the construction industry picking back up in the Triangle and around the country, the DeHavens are targeting contractors and subcontractors who are trying to grow their business.
Ken explains, “These contractors have already performed the work that would be a receivable that we (IFG) could buy and put cash in their hands, immediately, instead of them waiting 30 or 45 days or longer, preventing them from growing by adding additional staff because they didn’t have the funding support.”
Regardless of the industry, IFG will fund any small business as long as their customers are other businesses. Additionally, one of the unique differentiators is that IFG will fund small subcontractors in the construction trades like painters, roofers and carpenters. This group can rarely, if ever, get anyone to fund them.
About The Interface Financial Group
The Interface Financial Group (IFG) is North America’s largest alternative funding source for small business. IFG provides short-term working capital funding in the form of a unique Invoice Discounting service. The company serves clients in the manufacturing, service, and construction sectors. Interface operates from a base of 140+ franchise offices in the United States, Canada, the UK, the Republic of Ireland, Singapore, Australia, and New Zealand. IFG’s innovative Invoice Discounting service is a fast and easy way to turn receivables into cash. For more information, visit http://www.interfacefinancial.com.