According to a monthly survey released today an index measuring small-business optimism fell 1.3 points to 88.0 in February. Source: National Association of Independent businesses.

Far below its average, the index has gained from 81.0 in March 2009. Small businesses reported problems getting credit, with 9% of firms saying they couldn’t find the specific credit needed.

This lends credance to the concept that during this kind of an economic downturn, many other small business owners continue to survive and grow throught the use of factoring.

Factoring allows companies with outstanding invoices to collect early on monies due. Anyone with invoices that are due in 30/60 or 90 days can benefit by turning over these invoices to a factoring company like IFG.

But every business needs some cash on hand in order to sustain and grow. So what happens if you do not get paid for a few months, and you do not have time to seek alternative financing through banks or venture capitalists? Spot Factoring is the answer to your troubles.

Single invoice factoring is an extremely fast way to turn your receivables into cash. In an ordinary scenario you might have to wait 30, 60, or sometimes even 90 days for invoices to be paid; IFG looks at your customers’ credit (not yours) and can pay you the majority of what’s owed to you within as little as 24 hours.