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.
As Africa enters a revolutionary period of intra-continental trade, factoring will be crucial to the growth of MSMEs.
Unpacking previous events, TFG heard from FCI’s Secretary General Peter Mulroy, comparing how the factoring and receivables industry has fared during previous crises and what we can learn moving forwards.
HO CHI MINH CITY, Vietnam, 11th June. Deepesh Patel, Editorial Director of TFG, spoke today on the Evolution of Receivables Finance at FCI’s 51st Annual Meeting held in Vietnam. Speaking on a panel chaired by Lionel Taylor, Trade Advisory Network, alongside Editorial Directors of BCR Publishing and Business Money, the panel gave an observer view on the evolution of factoring in Southeast Asia.
Trade Finance Global caught up with Charles Nahum at Finacity, looking at the state of the trade receivables securitisation markets in 2019
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.
Trade Finance Global heard from Sean Edwards, Chairman of the ITFA at the NEARC (North East Asia Regional Committee) Seminar held in Beijing earlier this month.
Europe’s alternative finance market has exploded over the last 5 years, now worth an estimated €7.7bn according to the Cambridge Centre for Alternative Finance. The UK alone has grown by… read more →
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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 →
The Australian business lending landscape is changing dramatically. Interest rates are at historic lows but there are signs that these might go up in the near future, companies are extending… read more →