Open account business drives economic activity worldwide, and during times of volatility, uncertainty and of course, the pandemic, the need for solutions when it comes to receivables finance has never been more pronounced.
Category: Invoice Finance
Welcome to TFG’s invoice finance hub. Find out how our team can help your company unlock working capital from domestic and international invoices, on both a recourse and non-recourse basis. Alternatively, learn more about the different types of invoice finance: discounting and factoring, through our latest research, information and insights, right here, in our invoice finance hub.
FCI’s 38th edition of the Global Factoring Annual Review is here
FCI has just published its Annual Review – a globally recognised publication in the world of factoring and receivables finance. The publication includes the final statistics for the industry – which this year show a 6.5% drop in volume compared to last year – as well as the highly respected Global Industry Annual Report (GIAR).… Continue reading FCI’s 38th edition of the Global Factoring Annual Review is here
VIDEO: Simplifying Letters of Credit – Trade Finance Week 2021
Eleonore Treu, Hugo Verschoren and Donald Smith, breakdown Letters of Credit and some of the prominent issues surrounding this instrument. Is there a need for a new “Lite” LC product? How to mitigate the complexity and discrepancies inherent to Letters of Credit?
FCI Academy opens up all online courses to the entire factoring market
FCI Academy announces the opening of the certificate programmes and the specialized online courses to all industry stakeholders.
FCI reports 6.6% drop in global factoring statistics in 2020
The first estimates for the factoring industry worldwide in 2020 have been announced today by the FCI’s Peter Mulroy. Factoring declines were recorded in most regions except Asia Pacific.
Can we eliminate paper from negotiable instruments and documents of title?
By integrating the DLPC structure into trace:original documents, the benefits of a payment undertaking supported by BAFT’s best practices can be enjoyed while avoiding the potential drawbacks of a closed consortium.
Model Law on Factoring: UNIDROIT’s Approach to Receivables Financing
Factoring, as an important method to extend credit, is a type of financial transaction where the creditor assigns its receivables to an assignee at a discount. In recent years, there has been a large growth of factoring transactions around the world.
Using education to make factoring more inclusive
Teaching businesses to unlock working capital and grow their operations through factoring education programmes (FCI)
What the pandemic means for future access to trade finance
The resilience of global supply chains lies with…ANY IDEAS? Alexander Malaket explains what COVID-19 means for future access to trade finance
Supply Chain Finance: Tarnished Beyond Redemption? …Only if We Collectively Allow It
The very public implosion of a high-flying boutique finance firm has left ripples in the Supply Chain Finance industry. Should we reverse this outcome?
MSMEs seeking factoring credit should get ratings, finance panel tells Indian parliament
India’s financial parliamentary panel has called for the ratings agencies to regulate MSMEs seeking receivables loans and factoring credit. With amendments to the country’s Factoring Regulation Act 2011 being proposed by the government, the volume of business from factoring credit is expected to increase significantly, according to the Standing Committee on Finance. They have now… Continue reading MSMEs seeking factoring credit should get ratings, finance panel tells Indian parliament
How to bring commodity finance into the twenty-first century
A reliance on paper has hindered commodity finance for far too long. It should welcome digitalisation with open arms.
BCR’s Supply Chain Finance Summit – A roundup of Day 1
The two-day BCR Publishing Supply Chain Finance Summit got underway this morning, boasting important names from the supply chain finance sector and banks including HSBC, Lloyds and ABN AMRO. What happened? TFG’s Fin Kavanagh reports. “Exceptionally Uncertain” The remote conference was opened by Chairman Betrand de Comminges, Global Head of Trade Finance Investments & Global… Continue reading BCR’s Supply Chain Finance Summit – A roundup of Day 1
Afreximbank & FCI receive grant to support emerging factoring firms in Africa
The African Export-Import Bank (Afreximbank) together with its partners the African Development Bank (AfDB) and FCI announce the creation of a special purpose Grant authorized and funded by the AfDB’s Trust Fund to support the capacity building of emerging factoring firms in Africa that will benefit many SMEs across Africa. The Grant will be mobilized… Continue reading Afreximbank & FCI receive grant to support emerging factoring firms in Africa
FCI and Afreximbank appoint Mr. Nassourou Aminou as Regional Manager for Africa
Amsterdam, 4 January 2021 FCI along with Afreximbank announce the appointment of Mr. Nassourou Aminou as the new Regional Manager for Africa. The recruitment of the Africa Chapter Regional Manager is a joint effort of FCI and Afreximbank. Mr. Nassourou Aminou is a Cameroonian and joins FCI with tremendous experience in factoring, credit insurance and… Continue reading FCI and Afreximbank appoint Mr. Nassourou Aminou as Regional Manager for Africa