Posted by David Butler on December 17, 2000 at 14:05:51:
Nope… you got me there It is clear as a bell that you said business invoices, but for some reason, my brain insisted it said business notes ;-( hmmm… senility??? So, my mistake!
And yes… invoicing (more commonly known as “factoring”) is a huge and ever growing industry, with a lot of players… and a growing community of brokers who deal in it. Unfortunately, I am not one of them, but I am familiar with the industry enough to know that it offers some excellent opportunities.
And, not only with business invoices… you have a very large playing field that also includes consumer and medical receivables.
Perhaps the best place to start is to invest $99 in a 12 month subscription to the American Cash Flow Journal (call 407/843-2032 for more information), published by the American Cash Flow Association. Be aware that ACFA does offer several extensive courses on the related subject matter, but they are pricey.
Better to use their monthly journal as the first resource for learning more about the business, by way of the many articles included - and to use the extensive advertising to contact investors directly - many will offer at least some free information that will assist you in getting a fairly clear picture of many nuances involved.
Hope this response did actually help and best of luck!!!
David P. Butler