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Greetings!
Welcome to the vibrant month of August, where endless possibilities await! As we dive headfirst into this exciting new chapter, get ready to embrace all the incredible opportunities and experiences that lie ahead. From sunny days to starry nights, August is the perfect time to make unforgettable memories and achieve your goals. So let's make this month one for the books - full of positivity, productivity, and pure joy!
Have a wonderful month and thank you for subscribing to Mazon Monthly!
Lisa Hultz
President, Sales & Marketing
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In the majority of cases, the lender is concerned about the credit score of the borrower. This score is a number that enables lenders to determine the capacity of the borrower to return the money. That’s the reason they become a crucial factor for the loan underwriting process. The number is all the lenders need to determine the trustworthiness of the borrower. The higher the score, the easier it becomes for borrowers to secure the funds they need for their business. On the opposite end of the spectrum, lower scores can lower your chances of acquiring a loan. These low scores certainly make it harder for an entrepreneur to borrow money and may even kill your chances of opting for certain loan types. So, if you are a businessman looking for information about credit score and what role it plays in determining your loan eligibility, here’s everything that you need to know about the process.
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Staffing Agencies
At Mazon, we understand the unique financial challenges that staffing agencies face. That's why we offer specialized factoring services tailored specifically for staffing agencies. Our factoring solutions provide our clients with immediate access to cash flow by selling their accounts receivable at a discounted rate, allowing them to meet payroll, cover operational expenses, and seize growth opportunities without waiting for client payments. With our seamless and efficient factoring process, staffing agencies can focus on expanding their business and serving clients while we take care of the financial side. Don't let cash flow constraints hold you back - partner with us for reliable and flexible factoring solutions designed to support your success.
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San Antonio Staffing Service
Lucinda and Richard founded their woman-owned San Antonio staffing agency in 2003 as a quality, on-demand staffing solution for the labor intensive production and manufacturing industry. The idea was to provide a cost-effective temporary staffing solution anytime, anywhere, for organizations whose staffing demands are highly unpredictable and employee retention tends to be difficult. Through experience providing staffing solutions for a volatile industry, they developed a temporary employment service that can provide a quality staffing solution, on demand, that will meet or exceed the needs and expectations of any organization. While the economy took a downturn in 2008, their company experienced explosive growth. In 2013, nearly 2,500 people found temporary and fulltime employment through their staffing agency. They now have opened two office locations in San Antonio, one that primarily focuses on professional and administrative staffing; another focusing on manufacturing, construction and various other positions. They have expanded and diversified their target markets to include government, construction, production & manufacturing and temp-to-hire services.
Mazon is honored to have factored Lucinda's and Richard's receivables from 2003 through 2014 and is proud to consider ourselves a part of their success!
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Invested in Hopeful Futures
Mazon believes that every business deserves the opportunity to prosper. That’s why we are a proud supporter of Esperanza, a comprehensive approach to poverty alleviation, equipping entrepreneurs with financial and holistic services to restore hope and dignity.
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Julio: Committed to Community
Some might say that the La Malaga community, located high up in the mountains outside of Hato Mayor, DR, would be no place for a young entrepreneur to open a business and set up a life. But for Julio, there was never much of a choice. Growing up in an extremely remote area can be quite difficult, especially for those who are already vulnerable due to social status or poverty. Instead of continuing to live day by day and struggling to make ends meet, Julio decided to make his own path with some help from Esperanza.
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BUSINESS BOOK OF THE MONTH | | |
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Relentless: From Good to Great to Unstoppable
By Tim S. Grover (Author).
Hardcover, 233 pages, Scribner (April 16, 2013)
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"We factored all our receivables through Mazon Associates for more than four years using the steady cash flow to expand staff, purchase equipment and chase new business. During that time, sales grew from $1 million to $7.4 million."
Ned
Computer-Systems Staffing Company
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- Apparel
- Business Services
- Computer Services
- Construction
- Distribution Services
- Electrical Equipment
- Food Processing
- Government contractors
- Machining
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- Manufacturing
- Metal Fabrication
- Oilfield Services
- Online Marketing
- Pallet Recycling
- Printing Services
- Staffing Agencies
- Transportation
- And many more
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Turn Referrals Into Cash
Know someone who runs a small to medium-sized business? Refer them to us and if their company becomes a factoring client, we will pay you a monthly referral fee equal to 10% of our factoring fee for the lifetime of our client relationship.
To give you an idea of the money you can earn, let's say you refer a company that factors an average of $500,000 per month. With a factoring fee of 3%, you would make $1,500 a month!
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