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IFG franchisees buy assets — they do not lend money! The asset they buy is an account receivable (invoice). The franchisee buys an invoice at a discount of its face value and holds it until payment, usually 40 days. At the end of the credit period the IFG franchisee receives payment of 100% of the face value of the invoice. The discount is the franchisee’s income.
IFG has been in the Invoice Discounting business since 1972, and is the leading alternative funding source for small business – providing an in-demand and much-needed financial service. With 40+ years of experience in the business, IFG provides franchisees with a proven system, thorough training, a comprehensive risk management programme, and a management team with 400 years of combined financial services experiences – they are just a call away.
IFG operates in the US, Canada, Australia, New Zealand, the Republic of Ireland, Singapore, and the United Kingdom.