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.
WTO, TFG and ICC have today launched their latest publication ‘Accelerating trade digitalization to support MSME financing’
We take a dive into the world of Letters of Credit (LCs) and Standby Letters of Credit – some of the essential tools in cross-border trade transactions.
Trade credit insurance remains critical in the economic recovery from the COVID-19 pandemic. Here’s why.
Teaching businesses to unlock working capital and grow their operations through factoring education programmes (FCI)
As MSMEs are weaned off fiscal support, a radical new attitude to how they access working capital will be needed more than ever.
Trade receivables securitisation to the rescue? Businesses will need to become securitisation savvy if we are to plug the trade finance gap
As Africa enters a revolutionary period of intra-continental trade, factoring will be crucial to the growth of MSMEs.
The resilience of global supply chains lies with…ANY IDEAS? Alexander Malaket explains what COVID-19 means for future access to trade finance
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?
GSCFF updated its Standard Definitions for the Corporate Payment Undertaking (CPU), Dynamic Discounting (DD) and Bank Payment Undertaking (BPU).
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… read more →
Both ‘bill discounting’ and ‘invoice factoring’ are types of financial instruments that are used to provide working capital to businesses from accounts receivables (i.e., unpaid invoices).
Global Supply Chain Finance Forum issues payables finance guidance to drive further clarity on terms and techniques
TFG’s Deepesh Patel caught up with FCI’s Chairman, Mr. Patrick de Villepin, and FCI Vice Chairman, Mrs. Daniela Bonzanini, on the critical role of Receivables finance industry in the recovery of global trade growth during this challenging period.