Philip Cohen, president of PRN Funding, LLC, was one of six selected to the International Factoring Association Advisory Board.

As a new board member, Mr. Cohen will be asked to provide guidance and feedback to the association’s executive director, Bert Goldberg. Together with the other board members, Mr. Cohen will also be responsible for communicating up-to-date factoring industry information to the entire International Factoring Association (IFA) membership base.

“I’m honored to be given the opportunity to help shape the International Factoring Association,” Mr. Cohen said. “I’m eager to get started.”

Founded in 1999, the mission of the IFA (www.factoring.org) is to disseminate information to the factoring community in regards to developments and changes in the factoring industry and to provide a forum for educational meetings and seminars.

“The IFA is the largest association in the world available to the factoring and commercial finance industry,” said Mr. Goldberg. “The newly appointed advisory board members were selected to help shape future endeavors for the association.”

With years of experience in healthcare services, PRN Funding has a precise understanding of the unique challenges within the demanding business of serving vendors to healthcare institutions.