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 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.
I recently spoke with Laurent Tabouelle, COO of CODIX. Laurent’s entire career has been in IT for the financial and now the SCF industry and, as CODIX’s Group Managing Director, we wanted to hear about some of the advances in software and technology within the corporate finance and factoring sector.
We had the pleasure of speaking to Mr R. Yüce Uyanik, a member of the FCI Legal Committee, on international factoring as a solution for the economic crisis on SMEs.… read more →
Following the FCI’s recent appointment of Mr Lin Hui, Chapter Director of NE Asia, we asked him about some of the top trends in China and beyond, the impact of… read more →
Following the FCI’s recent appointment of Ms. Betül Kurtulus, Chapter Director of Central & Eastern Europe, South East Europe (Balkans), and the Middle East, we asked her about some of… read more →
CryptoOracle Co-Founder claims “decentralisation is a better way forward than the current state of market concentration.” Lou Kerner on Israel’s blockchain scene, invoice financing and decentralisation CryptoOracle’s co-founder, Lou Kerner,… read more →
Singapore is home to more than 218,000 Small-Medium Enterprises (“SMEs”), defined domestically as firms with annual sales of less than S$100 million or less than 200 employees. These firms employ… read more →
There are more than 200,000 SMEs in Singapore making up 99% of enterprises, employing two-thirds of the workforce, and accounting for about half of Singapore’s GDP. We spoke to Mr… read more →
London, 24th September, 2018. Trade Finance Global (TFG) announced a strategic partnership with Netherlands based global receivables association, FCI. Trade Finance Global Announces a Strategic Partnership with FCI With trade… read more →
Trade finance and factoring have both been around since Mesopotamian times, one of the oldest forms of business finance, from the start of trade itself. The lack of innovation however… read more →
Factoring and Short Term Debt for businesses is a rapidly evolving industry. Trade Finance Global spoke to Cuneyt Eti, CFO of Capexmove, a company which allows individuals and companies to… read more →
FCI, the global representative body of nearly 400 members for the Open Account Factoring and Receivables Finance Industry together with Demica, the leading independent provider of Working Capital and Finance… read more →
Trade Finance Global spoke to the team at FCI, (previously Factors Chain International) about the history of factoring and how FCI came about to be what is now an active global… read more →
There are a number of different types of finance which can facilitate the trading of goods and services both globally and domestically. The trade finance industry also supports and accommodates… read more →
