Amsterdam, 4 June 2020: The growth of the factoring industry in 2019 continued its upward trend and the reported figures indicate an increase of over 5% to reach 2,917 billion… read more →

By eliminating unnecessary paperwork, Port Community Systems contribute to sustainable transport logistics and support the ambition of meeting global carbon reduction requirements.

The International Chamber of Commerce (ICC) and World Health Organization (WHO) have launched a worldwide survey to report the challenges faced by the private sector from COVID-19. In response to… read more →

We heard from Steven Beck, Head of Trade Finance at the Asian Development Bank, giving his musings on 2019, a year of uncertainty in trade, and what 2020 might bring for trade and supply chain in Asia.

Shop Talk: TFG sat down with Peter Mulroy, Secretary General of FCI, to discuss his views, from an FCI perspective on the factoring and SCF industry in 2019, as well as his thoughts for what could be in stock for 2020. Hold on tight!

TFG are delighted to be Media Partners of the TXF Political Risk & Insurance conference in London on the 4th December, and to ensure you’re up to speed with this ever-changing environment, we caught up with leading experts in CPRI ahead of the conference.

Data collated by the EU Federation for the Factoring and Commercial Finance Industry (EUF) shows that in the first half 2019 factoring and commercial finance volumes in the EU grew by 9.3% from 2018 to €896 Billion.

Looking at the bigger picture of international trade flows and supply chains is crucial when looking at helping businesses access finance. We heard from Tony Brown at the Annual WOA Convention, discussing the world of open account pre- invoice, including purchase orders, transportation, distribution and pre-shipment finance.

The EBRD’s Trade Facilitation Programme (TFP) was developed to promote and facilitate international trade to, from and within economies where the EBRD invests. Under the TFP, guarantees are provided to international commercial banks (confirming banks), thereby covering the political and commercial payment risk of transactions undertaken by issuing banks. Since the TFP programme was initiated in 1999 the EBRD has financed more than 24,000 transactions for a total of more than €19 billion.

Guidelines to International Factoring Companies engaged in international trade, regardless of their size and industry; often face a demand from the importers for longer payment terms. This means, getting the… read more →