In 2018 the world factoring industry volume continued its upward trend with a total reported figure of over 2,767 billion euro representing over 6% growth compared to the previous year.

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.

Since its inception in 2015, OakNorth has gone from strength to strength. Indeed, last year the British challenger bank reported a 220% increase in profits from the previous year. So what is the story behind OakNorth and why is it growing so quickly?

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.

Trade Finance Global heard from Simon Kleine, Director at East & Partners Europe, on the State of the Global Supply Chain Market, focussing on UK – China trade corridors.compete successfully and win business based on their inherent strengths.

Multinational Operators and Local Supply Chains Mid-size and large operators, particularly in upstream Oil and Gas, often need to buy goods and services from local SME firms in the countries… read more →

I recently spoke with Laurent Tabouelle, COO of CODIX. Laurent’s entire career has been in IT for the financial and now the SCF industry and, as CODIX’s Group Managing Director, we wanted to hear about some of the advances in software and technology within the corporate finance and factoring sector.

Understanding the nuances of receivables purchasing arrangements, the difference between the different types of recourse, and the trade and receivables finance products available on the market is key to anyone… read more →

BCR Publishing have announced the winners of the 2nd annual RFIx Awards, which took place on 6th March 2019 at the Marriott Grosvenor Square Hotel in London. The evening bought together… read more →

Shortly after joining as a member of ITFA in 2019, Trade Finance Global (TFG) heard from 6 interesting fintech startups in the trade and receivables ecosystem, participating in the ITFA Fintech Discovery Day in Helsinki.