SOURCE: The Interface Financial Group

The Interface Financial Group

October 03, 2014 08:00 ET

The Interface Financial Group Closes Additional Round of Equity Capital Funding

BETHESDA, MD--(Marketwired - October 03, 2014) - The Interface Financial Group (IFG), one of the North America's largest alternative funding sources for small to medium-size enterprises (SME), has announced the closing of a growth capital round of funding with an international investment firm specializing in global finance. The new funding will be used to fuel the company's rapid global growth and expand its marketplace financial platform focused on the SME market.

In addition to the growth, Dominik Dolenec will be joining IFG's Board. He is based in the United Kingdom, and has previous experience at Elliott Advisors, Och-Ziff Capital Management, and McKinsey. Mr. Dolenec stated, "With differentiated products targeting the global working capital financing needs of its SME clients across more than 30 industries, I am very excited about IFG's expansion opportunities."

George Shapiro, CEO and Chairman of IFG, said, "This growth capital financing will allow us to meet the increase in demand we expect to see over the next 12 months. We are also thrilled to have a large and experienced financial partner, and an executive the caliber of Dominik Dolenec join our team."

The Presidio Group, a San Francisco based $4B wealth management group, also is a shareholder. Barry Rudolph, Managing Director of Presidio and an IFG board member, stated, "We are very pleased with IFG's achievements, and believe that IFG's business marketplace platform will play an important role in the future of SME and working capital finance."

About The Interface Financial Group ( www.ifgnetwork.com )

The Interface Financial Group (IFG) is one of North America's largest alternative funding source for small business, providing short-term financial resources, including invoice finance and invoice discounting. The company serves clients in more than 30 industries in the United States, Canada, Singapore, Australia, New Zealand, UK, Ireland, Mexico and South Africa and offers cross-border transaction facilities. With more than 150 offices and over 42 years of experience, IFG provides innovative accounts receivable funding services and solutions by offering short-term working capital to growing businesses. Single invoice factoring, or selected invoice finance, is an extremely fast way to turn receivables into cash.

IFG was founded in 1972 to provide short-term working capital to help small to medium-sized businesses grow. The IFG organization operates on a local level, providing clients with local knowledge and experience and business expertise in numerous diverse areas in addition to accounts receivable factoring, including accounting, finance, law, marketing and banking.

Contact Information

  • Kristin Gabriel
    MarCom New Media
    T: 323.650.2838
    E: kristin@marcomnewmedia.com

    Headquarters: The Interface Financial Group

    7910 Woodmont Avenue, Suite 1430
    Bethesda, MD 20154
    T: Toll Free: USA - 877.210.9748
    T: Toll Free: Canada - 877.340.6893