Press & News

There are many benefits of invoice factoring, such as the ability to increase cash flow and reduce the stress associated with collecting on invoices. However, before you get started, you must realize that there are two distinct types of factoring: recourse and non-recourse.

What is invoice factoring and how is it used to grow a business?
In simple terms, invoice factoring — also known as debt factoring and accounts receivable factoring — is a unique form of financing where you sell a select number (or all) of your company’s outstanding invoices in exchange for immediate funds. From there, the factoring company collects payment in full directly from your customers, retaining a percentage as their fee.

When you run a business, unpaid and overdue invoices come with the territory. This has been even more prevalent over the past two years as the pandemic has taken its toll. Waiting on payment is one of the biggest challenges for small and medium-sized businesses. It means you can’t pay expenses, you can’t reinvest in new opportunities, and therefore, you can’t grow your business. You feel stuck.

As 2021 comes to an end, it feels like the ideal time to acknowledge the accomplishments and success stories of Canadians and businesses over the past year, a year which has been anything but typical! One such business and executive who has knocked it out of the park is CEO Loren Shifrin of Revolution Capital.

In the wise words of Jon Stewart: “From change, comes growth.” We’ve seen nothing but change this past two years, but the question is: have we grown?

To answer that question, some may turn to Tony Robbins while he explains that “setting goals is the first step in turning the invisible into the visible.”

Acquisition broadens Revolution’s factoring capabilities to service more clients in North America
TORONTO, ON – Dec 9, 2021 – Revolution Capital, the leading provider of factoring & cashflow financing in Canada and the United States, has acquired Grand Financial New York., a factoring company specializing in staffing and transportation.

Expansion further contributes to Revolution’s position as unrivalled market leader in factoring.
TORONTO, ON – November 12, 2021 – Revolution Capital, the leading provider of factoring & cash-flow financing in Canada and the United States is continuing its strategic growth strategy by opening a new office in Kansas to service the American Mid-West.

Acquisition solidifies Revolution's unrivalled position as market leader
TORONTO, Nov. 15, 2021 /CNW/ - Revolution Capital, the leading provider of factoring & cash-flow financing in Canada and the United States, has acquired Growth Capital, a factoring firm specializing in the transportation industry.

The first thing people do during uncertain times is look to the leadership for support, guidance, direction, encouragement — whatever they need to get them through it. Calm energy is infectious. Whenever my team is worried about something, I mindfully practice being as stoic and confident as possible.

Loren Shifrin is the CEO for Revolution Capital, one of the country’s leading providers of factoring and cash flow financing. As the CEO of Revolution Capital, I’ve negotiated several mergers and acquisitions (M&A) over the years ⁠— including five in the past two years ⁠— and along the way, I’ve learned a lot. While each M&A is individually unique and should be managed as such, there are some key things that are consistent across the board.

Setting and maintaining a company culture is important for any business. However, doing this in a remote work environment can pose unique challenges. Fortunately, there are some simple ways leaders of remote teams can develop and preserve a strong company culture. Not sure where to begin with your virtual team? Read on for expert advice from the members of Forbes Business Council. Below, they share 16 strategies for creating culture remotely.

Over the past 30 years, factoring has undergone a significant transformation. In the late 1990s and early 2000s, factoring companies were perceived as “lenders of last resort.” Businesses typically only sold their receivables when denied financing elsewhere. While, as the CEO of a factoring company, I can say that this doesn’t accurately represent factoring, it wasn’t a well-known form of alternative lending at the time and even one that most companies understood.

When employees worked within the confines of an office and all data was stored on site, it was easier to implement a comprehensive cybersecurity model. However, with work attitudes changing and the necessity of remote work, businesses have been hard-pressed to transfer their existing cybersecurity model to work with the new paradigm.

Revolution Capital has acquired Atlantic Gateway Inc., a boutique factoring firm specializing in transportation factoring.

Revolution Capital, the leading provider of factoring & cash- flow financing in Canada and the United States, has acquired Royal Financial Corp, specialists in transportation factoring for companies with large fleet operations.

Revolution Capital, the leading provider of factoring & cash- flow financing in Canada and the United States, has acquired Grand Financial Management Inc (GFM), specialists in providing factoring facilities for the Canadian transportation and staffing industries.

We are pleased to announce that Revolution Capital has acquired Baron Finance Incorporated and we will be merging our operations by the end of this year.