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.
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).
TFG heard from Trade & Export Finance Specialist, Domenico Del Sorbo on practical aspects of payment instructions in international trade.
The first estimates for the factoring industry worldwide in 2019 have been announced today by the FCI Secretary General at BCR’s 20th RFIX event
Access to finance is essential for SMEs because it allows them to expand, thrive and ultimately create jobs. Thankfully, various alternative funding options provide SMEs with a choice when it comes to overcoming financial… read more →
What is the difference between invoice factoring and invoice discounting? Invoice factoring and invoice discounting are both types of asset backed finance aimed to help businesses release cash which are… read more →
What’s the future of Africa trade finance? Trade finance presents huge opportunities in emerging markets such as Africa. We spoke to Mr Ikenna Egbukole, Head of Structured Trade & Commodity… read more →