The Interface Financial Group - IFG 50/50 Ranked a Top New Franchise by Entrepreneur Magazine
This list recognizes the top 100 companies that have been franchising for five years or less, based on data submitted for Entrepreneur’s Franchise 500® ranking. The Interface Financial Group – IFG 50/50, which began franchising in 2014, was ranked #56.
“This year we celebrate 46 years in business. While we are a mature company, our current IFG 50/50 franchise model is a new innovation for us. It is, therefore, very exciting to be ranked by the prestigious Entrepreneur magazine in their 2018 Top New Franchises group”, says David Banfield, long time President of The Interface Financial Group.
"More than 20 percent of the companies that applied for this year’s Franchise 500 ranking are young, having only been franchising for five years or less,” says Jason Feifer, editor in chief of Entrepreneur. “These newcomers are challenging their older and larger competitors with innovative models, marketing methods, and menus.”
Entrepreneur’s 2018 Top New Franchises ranking was determined using the company’s Franchise 500 formula, which is a comprehensive evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. The Interface Financial Group – IFG 50/50’s position on the ranking shows that it is off to a strong start on its franchising journey.
David Banfield is President of The Interface Financial Group (IFG), which is a major alternative funding source for business. IFG provides short-term working capital funding in the form of a unique Invoice Discounting service. The company serves clients in the manufacturing, service and construction sectors. Interface delivers their service through a franchise base in Australia, Canada, Ireland, Mexico, New Zealand, South Africa, the United Kingdom and the United States. IFG’s innovative Invoice Discounting service is a fast and easy way for businesses to turn receivables into cash.