Orlando, FL (PRWEB) November 25, 2004 –
An independent group of cash flow specialists is in the procedure of establishing a code of ethics for participants in the cash flow market, Fred Rewey, president of the American Cash Flow Association®, announced these days.

Although our state and regional chapters have a code of ethics that governs relationships between cash flow consultants and their consumers, weve felt a need to expand that code to incorporate all elements of the cash flow sector and the relationships that exist, mentioned Rewey.

We hope the code of ethics will alert consultants and clients to some of the issues that can arise when they encounter scam artists posing as sources of funding, but we also want respectable funding sources to recognize those consultants who have the clients ideal interests at heart, he added. Serving the genuine needs of our clients is the major motivator of all cash flow specialists.

The need to have for an ethics code covering all components of the money flow industry became apparent in recent years as a lot more and far more consultants reported working with a quantity of funding sources whom they soon discovered could not be trusted. Clientele also complained of consultants who have been advertising funding programs that promised significantly but provided small.

We have constantly felt that a self-governed industry is far greater for all parties than a government regulated market, and we have noticed what takes place when scam artists infiltrate the market, drawing the justified attention of legislators and law enforcement agencies, stated American Money Flow Associations president Rewey.

The group of independent consultants and funding sources building the code of ethics are Dr. Hikmat Abed of Mach I Funding, Roberta Standen of North American Loan Servicing, and Jeff Callender of Dash Point Economic.

Dr. Abed is a graduate of the University of California at Berkeley with a Ph.D. in electrical engineering. He has a effectively rounded, diversified, broad, and productive management experience encompassing operations, engineering, manufacturing, corporate/strategic arranging and evaluation and management consulting, in addition to important teaching and investigation encounter at the university level.

His substantial company expertise in project operations and common management contains a lot more than 10 years of basic management of firms with activities in international markets and far more than 10 years of directing a number of projects and a big staff employed in a wide variety of occupational places.

His background contains many years of teaching graduate and undergraduate courses in engineering, mathematics and physics. He is the recipient of many scholastic honors. He created and published lecture notes for four university courses, numerous study papers, and was annually voted as a single of the leading ten professors for the duration of his teaching career. He participated in and performed numerous seminars and coaching applications in company administration, management improvement, technical instruction, and power utilities operations.

He is a graduate of the International Factoring Institute (IFI), a graduate of the National Capital Institute (NCI), a Certified Factoring Specialist (CFS), a Certified Capital Specialist (CCS), a Million Dollar Club member and a Master Consultant of the American Money Flow Association® (ACFA), a recipient of the American Money Flow Corporation (ACFC) 2002 Presidents Award, a recipient of the American Money Flow Journal® (ACFJ) 2003 Contributing Writer of the Year Award and charter president of the San Diego Money Flow Association (SDCFA). He published many articles on enterprise funding and factoring.

He is the founder and president of Mach 1 Funding, which specializes in assisting tiny and medium size firms with their cash flow by offering them with quick cash.

Roberta Standen, the driving force behind North American Loan Servicing, was appointed as president of the Corporation in June 2000, when the Corporation decided to expand its loan servicing company nationwide. Roberta is organized and hugely skilled in company management, sales and marketing and in client relations. Her leadership and issue solving potential, coupled with incredible drive, keeps the organization on track.

A licensed actual estate broker given that 1974, Roberta is a 1977 graduate of the Realtors Institute and holds the skilled designation of Equity Advertising and marketing Specialist (EMS) and Diversified Money Flow Specialist (DCFS). Roberta is the former President and CEO of Coldwell Banker Mother Lode Properties Inc., and a certified teacher for the Coldwell Banker University

In addition to her responsibilities with North American Loan Servicing, she is Basic Partner of Mariposa Economic, a industrial true estate enterprise and serves as the Managing Member of California Equity Investors. Since 1984, she has served on the Board of Directors for California Equity Corporation, a organization involved in loan origination and mortgage brokering.

Her encounter involves project management for many key real estate improvement projects throughout California, like the Acuerdo con Dios Townhouse Improvement and the Story Hill project, each positioned in Northern California. In addition, Roberta has been a long-time specialist in true estate exchanges.

Roberta has authored several articles for the cash flow market and is a frequent speaker and seminar presenter for the National Exchange Counselors, NoteWorthy, and the American Cash Flow Association®.

The daughter of a minister, she is chairperson for Christian Business and Professional Girls in Imperial County, CA. She has been married for 52 years and is the mother of four sons. She has 16 grandchildren and 5 great grandchildren.

A former pastor, Jeff Callender is an author, speaker, and president of a factoring business and a publishing business. He became a Certified Factoring Specialist in January 1994 and quickly began acquiring modest receivables. He has been a speaker at Money Flow conventions given that 1995 and has been a monthly columnist for the American Cash Flow Journal® since that time. He is a member of the Million Dollar Club and the recipient of the 2004 ACFA Presidents Award.

Jeff is the author of The Modest Factor Series, a collection of 4 books about factoring. The titles in this series consist of Factoring Fundamentals, Factoring Small Receivables, Factoring Case Studies, and Unlocking the Money in Your Firm. His newest book is Advertising and marketing Tools for Modest Elements and Consultants: A Hands-On Guide to Methods that Work. He hosts SmallFactor.com, a net portal with numerous hyperlinks and resources that are particularly helpful for little elements and consultants alike. He also publishes FactorTips (http://www.FactorTips.com), a month-to-month e-zine for modest variables and consultants. Additional factoring sources are discovered at DashPointPublishing.com.

Jeffs factoring business, Dash Point Financial Services, Inc., factors small accounts and gives consulting solutions for modest elements.

When the team finishes establishing the initial code, it will be presented to a board of Chapter presidents for evaluation and modification. It will then go before the American Money Flow Associations executive committee for further evaluation. Finally, it will be presented to by the membership at the Associations annual convention, Cash Flow 2005, in San Francisco this May possibly, for adoption.

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