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).
With factoring and receivables finance volumes continuing to show modest growth around the world, TFG caught up with FCI’s Secretary General, Peter Mulroy, in an association update for the latest issue of Trade Finance Talks.
Debtor Finance is a simple, viable alternative to consider for relatively quick access to working capital funding.
Invoice finance is a type of asset backed finance, where the underlying asset is the accounts receivable. Accounts receivable essentially means ‘money owed’ and is usually through the form of… read more →
Silicon Valley-based Trucker Path released a crowd-sourced navigation app for truck drivers in late 2013. The crowd-sourced Trucker Path application has grown to become America’s largest community of truck drivers… read more →
With commercial finance becoming increasingly complicated, we teamed up with Simply Factoring Brokers to help simplify some of the terms that confuse business owners like you. We recently published a… 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 →
The explosion in Recruitment Finance There has recently been a boom in the recruitment market and this can be put down to many reasons, such as corporation tax cuts, lower… read more →
It is estimated that the worldwide amount of factoring in 2013 was $3.08 trillion, which is an increase of more than 5 percent from 2013, according to a report from… read more →