At the European Bank for Reconstruction and Development’s (EBRD) Trade Facilitation Program Forum in Istanbul, Turkey, TFG spoke with Peter Mulroy, secretary general of FCI.
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).
HSBC has reduced the approval process for new receivables finance (RF) customers from 1-2 months to under 48 hours using a new technology platform. Using the new online application journey,… read more →
On Friday, 23 September 2022, FCI, in partnership with the European Bank for Reconstruction and Development (EBRD), held the latest conference on the resilience and development of factoring in Central… read more →
TFG’s Annie Kovacevic sat down with World of Open Account (WOA) cofounders John Brehcist and Erik Timmermans.
Trade loans are used to finance transactions involving import or export trading and reflecting different stages in the commodity trade cycle, from pre-export financing to borrowing base facilities.
All trade loans, however, are used to finance imports, exports, or other trading transactions.
In 2019, FCI formed a working group called “Receivables as an Investable Asset Class” (RIAC). It was comprised of FCI members and companies who operate as funds supporting the
TFG spoke to one of the world’s largest factoring associations to find out how trade receivables can help solve the liquidity crunch caused by supply chain disruption.
This year, NIBC’s shipping activities have seen a steady growth of financings and, as a result, has surpassed the EUR 1 billion milestone. NIBC provides financial and advisory solutions for… read more →
The Trade Finance Distribution Initiative (TFDi) recently heard from Trade Finance Global’s (TFG) MD, Global Head of Trade & Receivables Finance, Mark Abrams.
Companies in the industry have exhibited resilience this year, showing what it takes to truly bounce back. In their latest Annual Review, FCI shares articles by FCI senior executives including… read more →
FCI, the global representative body for factoring and financing of open account domestic and international trade receivables, has released their latest world factoring statistics. This 2021 report indicates that the… read more →
This article is co-authored by Marcus Lankford and Mark Abrams. In December 2021, Bloomberg reported that several banks including BNP Paribas SA, Societe Generale SA, and ABN Amro have restricted financing commodity transactions following defaults linked to the pandemic and multiple frauds.
Accelerate Scholarship 2022 winner Albert Chris Puja writes about how fintech solutions empower African SMEs with financing alternatives.