An Essex based Vegetable and Fat Trader & Shipper, which has been trading for 38 years, has secured a £1.3m structured line of credit by GapCap, facilitated by Trade Finance Global (TFG).
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.
ANNOUNCED: TFG and FCI Academy launch new educational partnership
Trade Finance Global (TFG) is delighted to announce a new educational partnership with FCI Academy – the centre of knowledge for receivables finance.
PODCAST LIVE: Artificial Intelligence and Trade Finance (S1E14)
TFG were live at the Telegraph’s Future of Trade & Export conference, joined by Michael Boguslavsky, Head of AI at Tradeteq. There are a number of disruptive opportunities to digitise trade finance, including, machine learning, artificial intelligence, robotics, natural language processing.
Industry wide collaboration to bring clarity to supply chain finance and receivables discounting
The Global Supply Chain Finance Forum announced the release of its new guidance document, Market Practices in Supply Chain Finance: Receivables Discounting Technique. The paper is the first in a series of industry guidance documents intended to provide clarity and consistency to the world of supply chain finance.
CEO INTERVIEW: International Islamic Trade Finance Corporation on Golden Opportunities in Islamic Factoring
TFG heard from Eng. Hani Salem Sonbol, CEO, International Islamic Trade Finance Corporation
New Annual Committee and Award Winners Announced at FCI 51st Annual Meeting
FCI advised of the results of the 2019 Annual Awards for Excellenc and the new Executive Committee for 2019. TFG reports from Ho Chi Minh City, as Media Partners of the Meeting.
PODCAST: Michael Vatikiotis on The Role of Modern Southeast Asia in the Global Economy (S1E13)
TFG are delighted to be joined by Michael Vatikiotis, who was the keynote speaker earlier today at FCI’s 51st Annual Meeting in Ho Chi Minh City, an experienced author, journalist and conflict moderator specialising in Southeast Asia.
TFG’s Deepesh Patel speaks on fintech within factoring industry at FCI’s 51st Annual Meeting
HO CHI MINH CITY, Vietnam, 11th June. Deepesh Patel, Editorial Director of TFG, spoke today on the Evolution of Receivables Finance at FCI’s 51st Annual Meeting held in Vietnam. Speaking on a panel chaired by Lionel Taylor, Trade Advisory Network, alongside Editorial Directors of BCR Publishing and Business Money, the panel gave an observer view on the evolution of factoring in Southeast Asia.
The London Institute of Banking and Finance (LIBF) endorsed the FCI “Career Path” Programme
The FCI “Career Path” programme has been endorsed by the London Institute of Banking & Finance (LIBF) for its quality and content.
Bank of America Merrill Lynch – Best Practices for Supply Chain Finance
Bank of America Merrill Lynch’s Baris Kalay explores what it takes to implement a successful supply chain finance program.
NEWS: EU Factoring and Commercial Finance grows 7.9% in 2018
Final analysis of data collated by the EU Federation for the Factoring and Commercial Finance Industry (EUF) shows that in 2018 factoring and commercial finance volumes in the EU grew overall by 7.9% to €1.73 Trillion, 80% of which was domestic business and 20% international.
ITFA, on the global state of trade finance digitisation
Trade finance has been a very slowly moving space when it comes to embracing digital innovations. However, the coin is now flipping: new data sharing technologies and ambitious plans from major trade originators provide much hope for a new trade finance landscape to emerge in the foreseeable future. Will the new trade consortia succeed to scale, and by when?
Global Factoring and Receivables Finance Industry increased by 6% in 2018
In 2018 the world factoring industry volume continued its upward trend with a total reported figure of over 2,767 billion euro representing over 6% growth compared to the previous year.
Invoice Factoring a Decade on – From Rags to Riches
Invoice factoring is the practise whereby a third party factoring institution purchases a business’ outstanding invoice debt with a discount applied. This increases the availability of funds in the short-term for businesses, which is often crucial to the survival of small-to-medium sized businesses.
Mighty OakNorths from little acorns grow
Since its inception in 2015, OakNorth has gone from strength to strength. Indeed, last year the British challenger bank reported a 220% increase in profits from the previous year. So what is the story behind OakNorth and why is it growing so quickly?