Factoring, as an important method to extend credit, is a type of financial transaction where the creditor assigns its receivables to an assignee at a discount. In recent years, there has been a large growth of factoring transactions around the world.
Your Monday morning coffee briefing from TFG. The WTO is forecasting growth in global merchandise trade of 8.0% this year following a contraction of 5.3% in 2020.
ESG. Environmental, Social and Governance. Three words we hear more and more. But what does it actually mean?
Your Monday morning coffee briefing from TFG. A container ship ran aground, blocking the Suez Canal which carries about 12% of global maritime trade. The blockage may take some time to clear, further disrupting global shipping, already beset by high freight costs and delays caused by the pandemic.
The trade consequences of Brexit already include a dramatic shrinking of commerce with the EU, an expansion of trade with other allies, and redrawing of supply chains for companies.
We take a dive into the world of Letters of Credit (LCs) and Standby Letters of Credit – some of the essential tools in cross-border trade transactions.
The Asian Development Bank (ADB) has quadrupled its support for food systems development in the past decade from $409 million in 2010 to $1.2 billion in 2020 to help close… read more →
In a year that shook the foundation of trade, these innovators rose to the challenge and helped the industry to digitalise
A three pillar approach to achieving a more sustainable and inclusive future for global trade
Teaching businesses to unlock working capital and grow their operations through factoring education programmes (FCI)