As a small or medium sized business it stands to reason that you will do what you need to in order to ensure the success (and growth) of your business.… read more →
Despite the clear benefits, integrating credit insurance and factoring presents several challenges. These include poor information flow, cumbersome onboarding processes, and high premiums. Information flow and decision-making delays Effective information… read more →
At FCI’s 56th Annual Meeting in Seoul, a panel of experts discussed the intricate relationship between credit insurance and factoring. The panel included: Credit insurance and factoring are two financial… 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 →
Bank Guarantee vs Letter of Credit Letters of Credit reduce the risks of not getting paid after the product has been delivered An LC is a promise by a financial… read more →