One Fee Factoring Case Studies
MP Star Invoice Factoring Case Study: video production company uses factoring to keep “dream client”
Maybe this is how Steven Spielberg started. The one-man industrial and corporate video production company had been in business barely a year. “I’d majored in journalism and had been out of school almost two years,” said the owner. “I was picking up freelance jobs with...
MP Star Invoice Factoring Business Case Study: factoring helps start-up chemical company compete
Your biggest customers can sometimes be your biggest problems. The start-up company distributed chemicals and chemical storage devices to customers in a number of industries, including energy, paints and coatings, resins and polymers, and food processing. “Although...
MP Star invoice factoring business case study: when business is good… but cash flow is terrible
Missed payments. Bounced checks. “You don’t think it can happen to you, and then it does,” said the owner of a now-successful catering service. “And then you’re very embarrassed and feel really stuck, but what do you do?” A plan for smart growth…but business expenses...
MP Star invoice factoring business case study: Factoring helps plastics company in corporate buyout
There’s an old joke which goes something like, when your ship finally comes in, just make sure you’re not at the airport. Corny? Sure. But it makes the point that being in the right place at the right time can be critical. But what if you’re in the right place, but at...
MP Star invoice factoring business case study: Factoring helps medical supplier jump-start export sales
Risk and reward are the opposite sides of the same coin. The global economy offers great opportunities, but the realities of conducting transactions offshore – different business practices, foreign banks, language barriers, political uncertainty and currency...
MP Star invoice factoring case study: Factoring helps freight company beat cash flow problems
If you eat it, wear it, use it, read it, or just plain have it…it probably came to you on a truck. The freight business is fairly steady, but there are a lot of expenses involved – fuel, insurance, permits, equipment, payroll, taxes, tolls, maintenance…and on and on....
MP Star invoice factoring business case study: Invoice factoring leads to settlement with IRS – and saves business
It’s true, what they say. Bad things CAN happen to good people. Everything looked promising for the owner of a Chicago based security services company. He had been in business ten years. He had a great client list and a good reputation in the community. His clients...
MP Star invoice factoring business case study: Factoring helps medical supply manufacturer win big contract
The Cincinnati-based medical supplies company was on a roll. The owner/president had left a lucrative sales position with a top-tier healthcare products manufacturer four years earlier because he’d found a part of the market – a niche – he believed he could serve...
MP Star invoice factoring business case study: Factoring helps new company get over the start-up hump
The Akron-based injection molding company had been operating for less than a year. Business was fairly consistent and prospects were encouraging. Orders came in from customers in numerous, diversified industries and the management group projected modest sales growth...
Invoice Factoring Rescue
Invoice factoring boosts a company with 940/941 payroll tax problems back on track. Danny C., president of a regional security company, credits MP Star Financial, his invoice factoring company, with helping to solve his IRS 940/941 payroll tax problems. What could a...